East Los Lunas, Tome, Valencia
This area along the eastern edge of the Rio Grande offers green, irrigated acreage and reasonable prices. There are many manufactured homes, and single family detached homes are often available for under $200,000. The area is also home to a number of large horse farms which bring considerably more money, but none of these happened to sell in 2005.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$725,000High:$500,000High:$565,000
Low:$15,000Low:$16,500Low:$45,000
Average:$267,826Avg:$215,982Avg:$232,465
In 2007, 51 single family homes sold in this area. Average time on the market was 66 days.
In 2008, 28 single family homes sold in this area. Average time on the market was 141 days.
In 2009, 31 single family homes sold in this area. Average time on the market was 182 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.