Foothills North September 2012

Foothills Real estate statsNorth home sales were back up only slightly after last month’s precipitous drop. The average price per square foot was up sharply, although I expect this does not include an upward trend.

To view the most current list of  Foothills North Real Estate click here.

 

Quick Stats for Foothills North

Here’s a summary of what sold last month:

Total Detached Sales 7
Price Range $357,000 to $805,00
Average Sales Price $563,000
Median Sales Price $560,000
Distressed Sales 0
% Distressed 0
Attached Sales 1

 

Foothills North Home Sales

Home sales were up sharply from this time last year. September 2011 was an especially slow month, so that’s not very impressive. However, home sales were up from the previous month, and that is good news, as home sales normally taper off this time of year. Peding sales were strong, if all the pending sales translate into closed sales, next month will be a strong one.

Foothills North Home Sales in September 2012

 

Price Per Square Foot in Foothills North

The numbers have been fluctuating which is not unexpected in such a small MLS area, but the price per square foot was up sharply in September. Over the last four months, it’s averaged $180. Over the course of the last year it’s averaged $173. In general, despite the large increase in September it looks like this stat is holding steady.

 

Albuquerque Foothills North Average Price Per Square Foot September 2012

Home Inventory Stat Decreased

Sales held steady while inventory reduced, so the month’s of inventory stat declined after last month’s sharp increase.

 

Foothills North Months of Home Inventory September 2012

Written by Albuquerque Real Estate Agent Rich Cederberg. Please call or text (505) 803-5012 for more information or to receive a complimentary market analysis for your home.

These Foothills North real estate stats were provided by the Southwest MLS on 10/31/2012.

 

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