Home sales remained steady in the Southwest Heights during September. Sales are off the peak from earlier this summer, but are improved from last year. Pending sales were improved; the average price per square foot is holding steady.
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SW Heights Fast Stats
Here are last month’s home sales stats:
|Total Detached Sales||52|
|Price Range||$43,899 to $162,000|
|Average Sales Price||$104,858|
|Median Sales Price||$105,400|
Home Sales Improved Over Last Year
Home sales were improved in September 2012, increasing considerably from September 2011.Home sales also held steady from last month, with almost the same number of sales. Pending sales, homes that have accpeted offers that are moving towards closing increased somewhat.
Price Per Square Foot in a Holding Pattern
The average price per square foot has remained the same over the last three months and has shown very little change over the last seven months.
Housing Inventory in the Southwest Heights
The months of inventory stat held steady as both the number of homes on the market in active status and the number of homes sold in September remained virtually the same. According to this stat. market conditions are still improved when compared to this time last year.
by Albuquerque real estate agent Rich Cederberg, Venture Realty Group.
Please CALL or TEXT me at (505) 803-5012 for more information on this neighborhood or any other Neighborhoods in Albuquerque.
These Southwest Heights real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 11/13/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.