Meadow Lake, El Cerro Mission
Meadow Lake and El Cerro Mission lie on the mesa east of Los Lunas. The area offers some beautiful views, but few site-built homes. Most of the properties in this area are manufactured homes of various sizes and ages, and prices are almost always in five figures.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$205,000High:$51,000High:$175,000
Low:$42,500Low:$51,000Low:$35,000
Average:$119,400Avg:$51,000Avg:$100,967
In 2007, 11 single family homes sold in this area. Average time on the market was 36 days.
In 2008, 1 single family homes sold in this area. Average time on the market was 103 days.
In 2009, 7 single family homes sold in this area. Average time on the market was 335 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.