UNM
The UNM area remains very popular, and has a wide range of housing sizes, styles and prices. Some of the most elegant of the older luxury homes are to be found here, in such neighborhoods as Altura Park, but there are also many neighborhoods of small older homes with vintage charm that are offered under $200,000. Average prices, though, are in the mid $200,000's, and the most elegant properties may sell for nearly half a million.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$1,050,000High:$690,000High:$855,000
Low:$174,000Low:$126,000Low:$121,500
Average:$318,812Avg:$282,346Avg:$268,484
In 2007, 221 single family homes sold in this area. Average time on the market was 36 days.
In 2008, 186 single family homes sold in this area. Average time on the market was 98 days.
In 2009, 160 single family homes sold in this area. Average time on the market was 124 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.