Mountainair
Mountainair is an old-fashioned small town east of Belen, on the other side of the mountains.There are some properties right in the village, but most of the surrounding area is agricultural land. You will find more land listings than single family homes avaialbe in this area, and only 2 such properties sold in 2005, bringing $129,500 and $69,000 respectively.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$203,500High:$340,000High:$195,000
Low:$30,000Low:$42,000Low:$30,000
Average:$106,000Avg:$165,667Avg:$122,000
In 2007, 7 single family homes sold in this area. Average time on the market was 112 days.
In 2008, 3 single family homes sold in this area. Average time on the market was 71 days.
In 2009, 3 single family homes sold in this area. Average time on the market was 377 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.