Valley Farms
Valley Farms, located in the far south valley is another area that is highly rural in character, with a wide range of prices and styles of property. nestled among the cottonwoods along the river, and often offering irrigated acreage, South Valley properties can range in price from under $100,000 to the $500,000 range, but there is really a lot of variety available here well under $200,000.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$930,000High:$399,000High:$418,500
Low:$45,000Low:$79,900Low:$57,000
Average:$211,577Avg:$179,477Avg:$159,119
In 2007, 100 single family homes sold in this area. Average time on the market was 50 days.
In 2008, 57 single family homes sold in this area. Average time on the market was 106 days.
In 2009, 48 single family homes sold in this area. Average time on the market was 102 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.