Albuquerque Uptown September 2012

Home sales in Albuquerque Albuquerque Uptown Average Price Per Square FootUptown were down sharply for the second month in row. Despite this, the average price per square foot has increased for two months in a row. Inventory levels are growing; there are plenty of affordable homes for sale in Albuquerque Uptown right now.

 

Click here to view Homes for Sale in Albuquerque Uptown .

 

Albuquerque Uptown Stats

September sales stats:

Total Detached Sales 18
Price Range $45,000 to $310,000
Average Sales Price $166,269
Median Sales Price $164,950
Distressed Sales 2
% Distressed 11
Attached Sales 5

 

Home Sales and Pending Sales Down in Albuquerque Uptown

Both home sales and pending sales were down in September. It’s not unusual to see home sales on the decrease at this time of the year as the holidays approach, yet it’s surprising to see year over year sales down. Sales were down 15% year over year.

Albuquerque Uptown Home Sales September 2012

 

Uptown Price Per Square Foot

This graph shows that the average price per square foot has increased over the last two months after 5 months where the stat was very stable.

Albuquerque Uptown Average Price Per Square Foot

 

Months of Home Inventory

The number of homes on the market have grown sharply over the last three months as home sales have declined.

Albuquerque Uptown Home Inventory

 

by Albuquerque Real Estate Agent Rich Cederberg, 803-5012, Venture Realty Group, 255-5609.

These Albuquerque Uptown real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 11/03/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

 

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