Southeast Heights
The Southeast Heights, located adjacent to the Kirtland Air Force Base, is another great area to find starter homes. While there are few "pocket" neighborhoods of very upscale homes, most of the properties in this area fit well into a first-time buyers' budget. The highest prices are generally in the $300,000 range, with a large variety of homes available near, or even below, $100,000.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$379,900High:$399,900High:$459,900
Low:$90,000Low:$89,900Low:$38,000
Average:$194,078Avg:$195,994Avg:$185,304
In 2007, 162 single family homes sold in this area. Average time on the market was 34 days.
In 2008, 118 single family homes sold in this area. Average time on the market was 99 days.
In 2009, 123 single family homes sold in this area. Average time on the market was 111 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.