The Blue House: Enchanted Hills Rio Rancho November 2013 Market Report

Enchanted Hills November 2013 Market Report

Enchanted Hills, on the northern end of Rio Rancho, has had some dramatic changes in its real estate market over the last year. There are 12% more homes on the market, 28% more homes under contract for sale and 20% more homes sold in the area. Enchanted Hills market is on fire! Prices have dipped slightly over the last year, so it is still a great market for potential buyers. The slight dip in prices may be indicating that many of the homes sold in Enchanted Hills during the last year have been distressed properties (foreclosures and short sales). These homes generally sell for less than market value, so they can be great homes for the right buyers. As these distressed properties clear from Enchanted Hills market, prices in the area should begin to rise. The time for a buyer to get a great deal in the Enchanted Hills area of Rio Rancho is now, before prices start to rise! If youd like to see any of these great values or any other home in the Albuquerque metro area, let us know! Well arrange a showing for you ASAP!

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Below are highlight properties for Enchanted Hills November 2013 Market Report. See more at the full report:

Highlights

Maps & Local

Schools


	Status: Just Listed Albany Hills $166,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 801067 Listing Courtesy of: Blue Door Realty
	Status: Active Caprock Court $145,000 3 BEDROOMS 2 BATHROOMS [ 2 FULL ] LISTING MLS ID: 800682 Listing Courtesy of: Keller Williams
	Status: Active Grayson Hills $229,900 3 BEDROOMS 2 BATHROOMS [ 2 FULL ] LISTING MLS ID: 800420 Listing Courtesy of: TBK Realty
	Status: Active Clark Hills $150,000 3 BEDROOMS 2 BATHROOMS [ 1 FULL, 1 (3/4th) ] LISTING MLS ID: 800221 Listing Courtesy of: Coldwell Banker Legacy
	Status: Active Raleigh Hills $187,777 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 800269 Listing Courtesy of: Virtue Real Estate Group
	Status: Active Albany Hills $149,900 4 BEDROOMS 2 BATHROOMS [ 2 FULL ] LISTING MLS ID: 800328 Listing Courtesy of: Keller Williams