The Blue House: Northern Meadows, Rio Rancho Market Report June 2013

Northern Meadows Market Report June 2013

Northern Meadows' Real Estate Market has had some interesting trends lately.The number of homes for sale in the Rio Rancho Central Region (which contains Northern Meadows) dropped almost 22% from April 2013 to May 2013 to the lowest level in more than the last 15 months. This could mean that the market is starting to shift from a buyer's market to more of a seller's market as the inventory of available homes drops. This is also shown in the average days on market of the homes for sale. From April 2013 to May 2013 the average number of days on market dropped almost 35%. The market shift has not been as large in the pricing of homes in Northern Meadows, so far. The average price per square foot has been relatively steady for the last 15 months, with a low of $73 and high of $82, with a current level of $79. Sale prices have also been relatively steady lately, between $131,000 and the current level of $141,000. If you're looking for a great deal in Northern Meadows they are still available, but with the market possiblly shifting, you may want to act quickly before they're gone!

For a more detailed market report, please contact me and I'll send it right over!

Click to see the full report

Below are highlight properties for Northern Meadows Market Report June 2013. See more at the full report:


	Status: Active Oasis Springs RD $236,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 758830 Listing Courtesy of: Pargin Realty ERA
	Status: Active Desert Pinon $125,000 3 BEDROOMS 2 BATHROOMS [ 2 FULL ] LISTING MLS ID: 758619 Listing Courtesy of: Re/Max Alliance
	Status: Active Tranquil Meadows Dr $179,900 3 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 75281 Listing Courtesy of: Consumer Advantage RE Services
	Status: Active Maple Meadows Dr $169,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 755976 Listing Courtesy of: Re/Max Alliance
	Status: Active Chama Meadows Dr $105,500 3 BEDROOMS 2 BATHROOMS [ 1 FULL, 1 (3/4th) ] LISTING MLS ID: 754410 Listing Courtesy of: Rhino Realty
	Status: Active Winston Meadows Dr $98,000 3 BEDROOMS 2 BATHROOMS [ 1 FULL, 1 (3/4th) ] LISTING MLS ID: 760842 Listing Courtesy of: Real Living Premier Realtors