Northwest Albuquerque Paradise West Real Estate Report for ...

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Here is my monthly real estate market report for the Paradise West area of Northwest Albuquerque (MLS Area 120). Paradise West is located west of Unser Blvd and north of Paseo Del Norte north to Rio Rancho. Neighborhoods in Paradise West include Ventana Ranch, Ventana Ranch West, Paradise Skies, Saltillo and the portion of Paradise Hills that is west of Unser Blvd.

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Quick Stats:

Total Detached Sales	26
Price Range	$97,100 to $245,000
Average Sales Price	$151,998
Median Sales Price	$150,000
Distressed Sales	20
% Distressed	77
Attached Sales	0

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Area Schools:

Elementary Schools	Sierra Vista, Sunset View, Tierra Antigua, Ventana Ranch
Middle Schools	James Monroe, Tony Hillerman
High Schools	Cibola, Volcano Vista

APS Maps-Elementary, Middle and High School

Use the APS School Locater Tool to check any address

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Paradise West Homes for Sale vs. Homes Sold

There were 26 closed sales last month, up from last year, and 21 pending sales.

Paradise West Average Price Per Square Foot

The average price per square foot continues to average $86.

Paradise West Supply/Demand Ratio

Home sales were down last month from the previous month and inventory was up slightly resulting in 6.9 months of home inventory in Paradise West.

Whether you are looking to buy or sell a home in Northwest Albuquerque it?s important to be aware of market conditions. For a more detailed look at your home?s value please fill out this home valuation form. Click here for an up-to-date listing of Paradise West Real estate, or learn more about Albuquerque NM Neighborhoods.

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These statistics were compiled from Greater Albuquerque Association of REALTORS?data on 02/28/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

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Related posts:

1. Paradise West Real Estate Report for December 2011
2. Paradise West Real Estate Report for November 2011
3. Paradise West Real Estate Report for October 2011
4. Paradise West Real Estate Report for September 2011
5. Paradise West Real Estate Stats for August 2011

Source: http://www.albuquerquerealestatebuzz.com/paradise-west-mls-area-120/real-estate-report-january-2012-3/?utm_source=rss&utm_medium=rss&utm_campaign=real-estate-report-january-2012-3

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