Albuquerque’s UNM South area is a popular area due to it’s proximity to the University of New Mexico (UNM), Presbyterian Hospital, UNMH, the VA hospital and Kirtland AFB. Homes in the area are older single family homes with a nice mixture of brick and stucco. UNM south is an MLS area that is frequently overlooked by home shoppers who are new to town. UNM south contains one of Albuquerque’s most stately neighborhoods, Ridgecrest.
UNM South Quick Stats
Here’s what sold last month in the UNM South Area:
|Total Detached Sales||14|
|Price Range||$111,000 to $270,000|
|Average Sales Price||$183,214|
|Median Sales Price||$181,000|
Homes for Sale, Homes in Pending, Homes Closed in UNM South
14 homes closed in July, up from last July but down from June. 9 homes were in pending status.
Average Price Per square foot
The average price per square foot continues to average $120 per month over the last year, $124 per square over the last 6 months.
Average Days on Market
Homes took an average of only 50 days to sell in the area.
Housing Inventory Sales
Active listings were up somewhat while sales were down as well. The result? Home inventory levels grew slightly.
by Albuquerque Real Estate Agent Rich Cederberg, 803-5012, Venture Realty Group, 255-5609.
These Albuquerque UNM South MLS area 42 statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 09/05/2012. This data is reflective of homes which were listed on the MLS for Albuquerque; private sales are not included.