North Socorro
Socorro is a small town south of Belen, lying along the Rio Grande Valley. There are a number of irrigated rural properties that sell in this area, although many homes here are not listed in the Albuquerque MLS. The average 2005 price in the $190's was boosted by a single sale of $1,200,000 for a large estate, and the median value is closer to $150,000.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$325,000High:$138,000High:
Low:$102,000Low:$64,217Low:
Average:$213,500Avg:$98,072Avg:
In 2007, 2 single family homes sold in this area. Average time on the market was 64 days.
In 2008, 3 single family homes sold in this area. Average time on the market was 147 days.
In 2009, single family homes sold in this area. Average time on the market was 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.