Downtown
Downtown is an area of contrasts, marked by both the most expensive and least expensive neighborhoods and properties in town. The are hosts some of the oldest homes, as this was the area where the earliest settlers in Albuquerque build, first, adobe haciendas, then cute Victorian charmers. The Old Country Club area is also in the downtown section, and features true mansions of vintage elegance. Price ranges? Anything from $50,000 to nearly a million!
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$769,000High:$999,000High:$850,000
Low:$56,000Low:$1,000Low:$35,000
Average:$211,585Avg:$221,126Avg:$205,377
In 2007, 174 single family homes sold in this area. Average time on the market was 39 days.
In 2008, 113 single family homes sold in this area. Average time on the market was 95 days.
In 2009, 108 single family homes sold in this area. Average time on the market was 105 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.