Fairgrounds
The Fairgrounds area, so called because of its location surrounding Albuquerque's State Fair Grounds, offers some of the city's most affordable neighborhoods, along with a few pocket areas of luxury homes. From lows well under $100,000 to the occasional elegant property over half a million dollars there is something for every pocketbook in this region.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$342,900High:$310,000High:$380,000
Low:$14,500Low:$59,900Low:$36,500
Average:$172,937Avg:$171,263Avg:$146,044
In 2007, 116 single family homes sold in this area. Average time on the market was 31 days.
In 2008, 105 single family homes sold in this area. Average time on the market was 74 days.
In 2009, 80 single family homes sold in this area. Average time on the market was 103 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.