North Valley
The North Valley is one of the earliest-settled areas of Albuquerque, and is nestled along the banks of the Rio Grande, under the shady cottonwoods. The area, including the trendy "Los Ranchos de Albuquerque," is quite rural in character, with many large horse facilities located in the area. There are also still a few older, small homes taht are quite modest, and occasionally a buyer may snap one up in the $100,000's. The average price here, though, is over $300,000, and high-end properties routinely sell for well over a million.
Compare sales data in this area over the past 3 years:
Single Family Detached Sales
2007 Sales 2008 Sales 2009 Sales
High:$2,050,000High:$2,650,000High:$1,922,000
Low:$80,000Low:$55,000Low:$20,000
Average:$380,211Avg:$381,796Avg:$324,897
In 2007, 188 single family homes sold in this area. Average time on the market was 47 days.
In 2008, 127 single family homes sold in this area. Average time on the market was 111 days.
In 2009, 127 single family homes sold in this area. Average time on the market was 122 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.
Skip Navigation Links
Homes NM. Albuquerque homes. Albuquerque land, lots and acreage. Albuquerque real estate listings. Search the Albuquerque MLS. Rio Rancho homes. Rio Rancho land, lots and acreage. All Rio Rancho real estate listings via our Albuquerque MLS IDX search. East Mountains homes. East Mountains land, lots and acreage. All East Mountains real estate via our Albuquerque MLS IDX search. Tijeras, Cedar Crest, and Sandia Park homes. Lots, land and acreage in Tijeras, Cedar Crest and Sandia Park. All Tijeras, Cedar Crest, and Sandia Park real estate via our MLS IDX search. Edgewood and Moriarty homes. Edgewood and Moriarty land, lots and acreage. All Edgewood and Moriarty real estate via our Albuquerque MLS IDX search. Your complete resource for real estate in Central New Mexico, for all areas in and around Albuquerque, NM. New Mexico real estate.
© 2008 Circumlocation. All rights reserved.
Contact Webmaster Links