Home sales were strong, if not spectacular, following one of the stronger months for sale over the last year. Pending sales were strong and home inventory levels remained very manageable.
See a current list of Fairgrounds Homes for Sale.
Fairgrounds Area Home Sales
Here are the sales totals for September:
|Total Detached Sales||11|
|Price Range||$60,000 to $186,000|
|Average Sales Price||$111,979|
|Median Sales Price||$114,828|
Homes Sales Remain Strong in the Fairgrounds Area
Home sales were strong in September with 11 homes closing during the month. That’s down from August, which was an unusually strong month with 14 home sales, but it’s up from September of last year when only 3 homes sold. Pending sales were strong.
Fairgrounds Area Price Per Square Foot
The average price per square foot has been erratic over the last year, so it’s hard to spot any patterns without examining the individual sales closely.
There were fewer sales, but this was offset by fewer homes for sale. The months of home inventory stat crept up only very slightly. Inventory levels are very manageable.
Please CALL or TEXT me at (505) 803-5012 for more information on this neighborhood or any other Albuquerque Neighborhoods.
These Fairgrounds Area statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 11/08/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.
by Rich Cederberg, Albuquerque Real Estate Agent, 505.803.5012.