Academy West
Academy West, perhaps so labeled for its location just west of the prestigious prep school, Albuquerque Academy, is an area of established neighborhoods of mostly executive homes, although there are a few pocket neighborhoods of entry-level homes in the lower and mid $100,000's. Average sales prices here hover around $200,000, with some of the larger homes in more upscale areas going in 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:$430,000High:$505,000High:$370,000
Low:$125,000Low:$140,000Low:$132,900
Average:$249,488Avg:$235,210Avg:$221,229
In 2007, 156 single family homes sold in this area. Average time on the market was 39 days.
In 2008, 129 single family homes sold in this area. Average time on the market was 92 days.
In 2009, 106 single family homes sold in this area. Average time on the market was 98 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.