The Fairgrounds Neighborhood of Albuquerque is the most affordable areas of Albuquerque east of the Rio Grande. Many of the homes in the area are older and are handyman specials. This is a great area to find a fixer upper.
Fairgrounds Area Quick Market Stats
Here’s what sold last month in the Fairgrounds Area:
|Total Detached Sales||8|
|Price Range||$82,000 to $273,900|
|Average Sales Price||$160,150|
|Median Sales Price||$162,500|
Fairgrounds Homes for Sale, Homes Sold and Pending Sales
Eight homes sold in July 2012, down from nine in July 2011 and up from June 2012. There were 14 pending sales.
Average Price Per Square Foot
The average price per square foot has averaged $84 per square foot over the last year and $87 per square foot over the last 6 months.
Average Days on Market
House listings are taking 98 days to sell on average.
The supply/demand ratio returned to a more normal number.
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 09/09/2012. 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.