5 Best Performing Albuquerque Real Estate Markets 2015
You have probably heard the saying all real estate is local. That statement is absolutely true in the Albuquerque real estate market. I took a look at the Albuquerque real estate market and the Albuquerque real estate sub markets to determine which markets performed the best. We looked at the sub markets with the largest increase in average price of homes sold. Listed below are the 5 best performing Albuquerque real estate markets 2015. The average price of a home in the Albuquerque real estate market was 1.47%. However, several real estate sub markets in Albuquerque performed much better.
5 Best Performing Albuquerque Real Estate Market 2015
The best performing area in Albuquerque is Pajarito, the average home price increased in value by 11.68% in 2015 compared to 2014. The average sales price increased to $142,741 in 2015 from $127,818 in 2014. There were a total of 18 homes sold in this area for the year of 2015. Pajarito is roughly defined in the Multiple Listing Service as the area bounded by Dennis Chavez Boulevard to the north, Isleta Boulevard to the East, Los Padillas Road to the south, and Powerline Road to the west.
The second best performing area in Albuquerque is Foothills South, the average home price increased in value by 10.6% in 2015 compared to 2014. The average sales price increased to $294,726 in 2015 from $266,475 in 2014. There were a total of 154 homes sold in this area for the year of 2015. Foothills South is roughly defined in the Multiple Listing Service as the area bounded by Montgomery Boulevard to the north, Sandia Mountains to the East, Interstate 40 to the south, and Tramway Boulevard to the west.
The third best performing area in Albuquerque is Southeast Heights, the average home price increased in value by 9.97% in 2015 compared to 2014. The average sales price increased to $196,317 in 2015 from $178,517 in 2014. There were a total of 182 homes sold in this area for the year of 2015. Southeast Heights is roughly defined in the Multiple Listing Service as the area bounded by Central Avenue to the north, Singing Arrow Park Path to the East, Kirtland Air Force Base to the south, and San Mateo Boulevard to the west.
The fourth best performing area in Albuquerque is Four Hills, the average home price increased in value by 9.36% in 2015 compared to 2014. The average sales price increased to $320,345 in 2015 from $292,915 in 2014. There were a total of 90 homes sold in this area for the year of 2015. Four Hills is roughly defined in the Multiple Listing Service as the area bounded by Central Avenue to the north, Manzano Mountains to the East, Kirtland Air Force Base to the south, and Singing Arrow Park Path to the west.
The fifth best performing area in Albuquerque is Academy West, the average home price increased in value by 8.23% in 2015 compared to 2014. The average sales price increased to $231,255 in 2015 from $213,673. There were a total of 184 homes sold in this area for the year of 2015. Academy West is roughly defined in the Multiple Listing Service as the area bounded by Paseo Del Norte to the north, Wyoming Boulevard to the East, Montgomery Boulevard to the south, and Interstate 25 to the west.
As a bonus, the sixth best performing area in Albuquerque is Southwest Heights, the average home price increased in value by 8.14% in 2015 compared to 2014. The average sales price increased to $124,401 in 2015 from $115,040. There were a total of 761 homes sold in this area for the year of 2015. Southwest Heights is roughly defined in the Multiple Listing Service as the area bounded by Central Avenue to the north, Coors Boulevard to the East, Dennis Chavez Boulevard to the south, and Atrisco Vista Boulevard to the west. There you have the 5 best performing Albuquerque real estate markets 2015.
All date is provided by the Greater Albuquerque Association of Realtors Annual Market Statisics.
Top Real Estate Agency
The real estate market is constantly changing and no two clients or transactions are the same. Achieving the real estate goals of our clients are the cornerstone to our business philosophy.
For most people, buying a house or selling a house, is the biggest financial decision of their lives. Selecting the best real estate agent will be the most critical decision made when buying or selling a home.
Our real estate agents have extensive experience in the current market and are agents you can trust. We have the knowledge and expertise to help you buy or sell a house.
Our team is here to help you and make the process as stress free as possible.
Myers & Myers Real Estate has been helping home buyers and sellers since 2010 and we’re ready to put our expertise to work for you.
Top Seller’s Real Estate Agents
Our real estate agents will help you sell your house and achieve your real estate goals. We have the knowledge and experience to get your home sold and get you where you want to go one time, put you in the strongest negotiating position possible, and make it easier for you and reduce surprises. Choose Myers & Myers real estate agents to help you sell your house.
Sell your home working with experienced real estate agents who specializes in your desired market will make all the difference.
When you list your house with Myers & Myers Real Estate, your home will be seen by thousands of home buyers through our online marketing plan. Contact us to discuss our cutting-edge marketing plan, market knowledge, and experience to sell your home.
Top Buyer’s Real Estate Agents
Our buyer’s real estate agents will help you find the perfect home for your needs and budget. We’ll make sure you find the right home, you don’t miss out on any homes that meet your goals, and we’ll help you negotiate the best price possible. Contact us today to get started on your home buying journey.
