South Moriarty
South Moriarty is a rural and still largely agricultural community. Moriarty schools are highly regarded locally, and serve the rural population in the surrounding areas as well. Lying on the great plains, with the Sandias and Manzanos as a stunning backdrop to the west, Moriarty is popular with buyers wanting a truly rural lifestyle at a moderate price. Single family homes here can still be purchased for well under $100,000, although larger ranches or estates may bring into the $400,000's.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$157,000High:$169,900High:$219,900
Low:$22,000Low:$37,375Low:$29,900
Average:$90,590Avg:$95,463Avg:$109,899
In 2007, 21 single family homes sold in this area. Average time on the market was 70 days.
In 2008, 17 single family homes sold in this area. Average time on the market was 65 days.
In 2009, 10 single family homes sold in this area. Average time on the market was 110 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.