The Blue House

Wednesday, August 7, 2013

Enchanted Hills August 2013 Market Report

The market in the Enchanted Hills area of the Rio Rancho North region has seen some changes in the last few months. Sold homes have risen over 10% from July 2012 to July 2013, and homes for sale have dropped about 5% in that time. Pending sales have almost doubled since July 2012. The price per square foot has slowly risen over the last four months, from $87 per square foot to $91 per square foot in July 2013. The best news is that the average days on market has continued to drop from 76 days in May to 72 days in July. The Enchanted Hills market may be slowly changing to more of a seller's market, but there are still some great deals you can buy now!

The Enchanted Hills neighborhood is a great area for those who commute to Santa Fe and Albuquerque. Soon the construction expanding the US 550/Interstate 25 interchange will be completed, which should make the commute easier.

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 Enchanted Hills August 2013 Market Report. See more at the full report:

Highlights

Maps & Local

Schools


	Status: Coming Soon Sandoval $Call for Pricing 5 BEDROOMS 3 BATHROOMS [ 3 FULL ] Listing Courtesy of: Kellogg Agency Sales/Melanie McLaughlin
	Status: Active Kelly Way $136,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 759392 Listing Courtesy of: American Realty
	Status: Active Assisi Hills $229,900 4 BEDROOMS 2 BATHROOMS [ 2 FULL ] LISTING MLS ID: 765059 Listing Courtesy of: Keller Williams
	Status: Active Freemont Hills $190,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF ] LISTING MLS ID: 764801 Listing Courtesy of: Pargin Realty ERA
	Status: Active Freemont Hills $209,900 5 BEDROOMS 3 BATHROOMS [ 3 FULL ] LISTING MLS ID: 765514 Listing Courtesy of: Asset Solutions Realty
	Status: Active Cibola $239,000 4 BEDROOMS 2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 765157 Listing Courtesy of: Allstar Realty

See the Full Enchanted Hills August 2013 Market Report

Rio Rancho Homes for Sale

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Melanie Mclaughlin

Kellogg Agency Sales

505-369-0093

melsellshomes@yahoo.com

Information valid as of August 7, 2013. Please contact us for the most current information and status of these properties.

Monday, July 15, 2013

Ventana Ranch Area Market Report July 2013

Ventana Ranch Market Report July 2013

Ventana Ranch, Albuquerque, NM Homes for Sale pricing has risen month to month for the last three months, averaging between $89 per square foot in April to $102 per square foot in June, which is the highest level in more than the last 15 months.

The Numbers Month to Month

The median sales price for Ventana Ranch, Albuquerque, NM Homes for Sale was $163,000 in April and rose to $193,000 during June.

The number of Ventana Ranch, Albuquerque, NM Homes for Sale that sold was 21 in April vs. 28 in June.

There are 31 Ventana Ranch, Albuquerque, NM Homes for Sale that were in contract at the end of June which represents about 27%of the overall available inventory of 113 homes.

Some highlights of the current Ventana Ranch, Albuquerque, NM Homes for Sale are shown below and represent a nice cross section of properties available.

This Month's Most Expensive

Ventana Ranch's most expensive active listing is listed at$289,000, and is a two story home which includes four to five bedrooms, 2.5 bathrooms and has 2998 square feet. This stunning home has a large loft in addition to the bedrooms and lots of light with plenty of space! (schedule a showing).

This Month's Best Value

The least expensive of all Ventana Ranch, Albuquerque, NM Homes for Sale came in at $139,900 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 3 bedrooms and 2 full bathrooms with 1570 square feet. (schedule a showing).

Below are highlight properties for Ventana Ranch Market Report July 2013. See more at the full report:

Click to see the full report

Highlights

Photos

Schools


	Status: Active Country Manor Pl $235,000 3 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF, 0 (3/4th) ] LISTING MLS ID: 757800 Listing Courtesy of: Remax Elite
	Status: Active Quartzite Ave $174,000 4 BEDROOMS 3 BATHROOMS [ 1 FULL, 1 HALF, 1 (3/4th) ] LISTING MLS ID: 763490 Listing Courtesy of: Remax Signature
	Status: Active 7705 Red Finch Ct $148,000 3 BEDROOMS 2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 764117 Listing Courtesy of: Melanie McLaughlin, Kellogg Agency Sales
	Status: Active Longmont Pl $215,000 3-4 BEDROOMS 3 BATHROOMS [ 1 FULL, 1 HALF, 1 (3/4th) ] LISTING MLS ID: 761599 Listing Courtesy of: Prudential of NM
	Status: Active Cerro Largo $153,000 3-4 BEDROOMS 2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 762984 Listing Courtesy of: Pasquale Realty
	Status: Active Nacimiento $205,000 4 BEDROOMS 3 BATHROOMS [ 3 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 762697 Listing Courtesy of: Keller Williams

See the Full Ventana Ranch Market Report July 2013

Melanie Mclaughlin

Kellogg Agency Sales

505-369-0093

melsellshomes@yahoo.com

Information valid as of July 12, 2013. Please contact us for the most current information and status of these properties.

Sunday, July 14, 2013

North Hills and Sierra Norte Area Market Report July 2013

Rio Rancho's North Hills and Sierra Norte neighborhoods are great areas to find great values. North Hills is well established area with canopies of shady trees and great parks. In recent years, more businesses have moved into the area along with some churches as well. Sierra Norte is a newer community with great views of the Sandia Mountains and the Rio Grande Valley. These neighborhoods are prime areas for value minded buyers and investors. There are currently 36 active home listings available in the North Hills/Sierra Norte area, and here are a couple of the highlights of the market:

This Month's Best Value Home In North Hills

North Hills' best values for July are two home listings at $65,000. The first one is a charming home on Peach Road with two to three bedrooms and one bathroom with 1000 square feet. The second one is a cute two to three bedroom home on Harrison drive with one bathroom, 902 square feet and a two-car garage.

This Month's Best Sierra Norte Value

Sierra Nortes best value for July is a lovely three bedroom, two bathroom, 1084 square foot home on Gallinas Road that is currently listed at $109,900.

If you'd like to check out these homes, or any other homes in the Albuquerque area, contact us and well schedule some showings for you!

For a more detailed North Hills/Sierra Norte market report, contact us and well send it over ASAP.

Click to see the full report

Below are highlight properties for North Hills and Sierra Norte Area Market Report July 2013. See more at the full report:

Highlights

Maps & Local

Schools


	Status: Active Sierra Norte Loop $143,000 4 BEDROOMS 3 BATHROOMS [ 2 FULL, 1 HALF, 0 (3/4th) ] LISTING MLS ID: 763433 Listing Courtesy of: The Real Estate Center
	Status: Active Evelyn Dr $79,000 3 BEDROOMS 2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 749748 Listing Courtesy of: Consumer Advantage Real Estate Services
	Status: Active Chamisa Rd $129,900 3 BEDROOMS 3 BATHROOMS [ 1 FULL, 1 HALF, 1 (3/4th) ] LISTING MLS ID: 763561 Listing Courtesy of: Affordable Realty Services
	Status: Active Twinberry Dr $120,000 3 BEDROOMS 2 BATHROOMS [ 1 FULL, 0 HALF, 1 (3/4th) ] LISTING MLS ID: 763305 Listing Courtesy of: Coldwell Banker Legacy
	Status: Active Debra Pl $94,900 2 BEDROOMS 1 BATHROOMS [ 1 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 763290 Listing Courtesy of: Keller Williams
	Status: Active Lee Loop $128,000 3 BEDROOMS 2 BATHROOMS [ 2 FULL, 0 HALF, 0 (3/4th) ] LISTING MLS ID: 763986 Listing Courtesy of: Albuquerque West Properties