North Albuquerque Acre
On the northern outskirts of Albuquerque, just west of Sandia Heights lies this exclusive residential area. North Albuquerque Acres offers custom homes, often on large lots, and many with horses allowed. There are also a number of upscale subdivisions in this area. Some of the most luxurious properties in the Albuquerque Metroplex lie in this area, and it is very rare to find homes under $200,000, with average sales prices over half a million dollars, and the upper end properties bringing over one million dollars.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$1,350,000High:$1,550,000High:$1,485,000
Low:$285,000Low:$280,000Low:$203,000
Average:$651,313Avg:$648,729Avg:$586,857
In 2007, 119 single family homes sold in this area. Average time on the market was 46 days.
In 2008, 92 single family homes sold in this area. Average time on the market was 146 days.
In 2009, 84 single family homes sold in this area. Average time on the market was 152 days.
 
Data above is based on yearly sales data results in the given area from the Greater Albuquerque Association of Realtors® for single family, site-built homes.