Four Hills Village
Nestled in the mountain foothills just south of I-40, this executive area tends to have larger lots than in most other areas of Albuquerque. The area first began to be developed in the 1960's, and so has a number of largeer homes of vintage charm, often backing on one of the holes of the Four Hills Country Club Golf Course. Building was ongoing aafter that in the area until very recently, so homes of varying ages and style abound. It's unlikely you'll find anything offered under $200,000, and look to pay in the $750,000 range for the top-of-the-line properties here.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$898,000High:$645,000High:$1,000,000
Low:$214,000Low:$199,900Low:$185,000
Average:$359,669Avg:$318,263Avg:$326,452
In 2007, 76 single family homes sold in this area. Average time on the market was 45 days.
In 2008, 55 single family homes sold in this area. Average time on the market was 111 days.
In 2009, 54 single family homes sold in this area. Average time on the market was 176 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.