Here is a summary of Placitas NM real estate activity for August 2010.

Total Sales: 5
High Sale: $470,000
Low Sale: $250,000
Average Sales Price: $369,400
Median Sales Price: $390,000
Average Days on the Market: 344 days

Currently there are 109 Placitas NM Homes for Sale. There are 68 3-bedroom homes, 50 4 bedroom houses and 88 Scenic Homes for Sale in Placitas NM.

There are only a small handful of  distressed properties for sale in Placitas. Out of the 109 available homes only 2 are bank owned homes and only 8 are short sales. That means that, like Corrales, less than 10% of the available homes are distressed properties. Compare that with areas in Albuquerque that have 30% distressed properties and you will appreciate that both Placitas and Corrales have been relatively unaffected by foreclosure activity.

With 5 homes closing last month and 109 homes available there is a 22 month inventory of homes on the market in Placitas.

Please check back next month for a summary of Placitas NM real estate activity in September.

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Rich Cederberg, Albuquerque Realtor

 

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This post has been included in New Mexico Real Estate News Sandoval County, NM Real Estate News Placitas, NM Real Estate News
Post is included in group: Albuquerque Living
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1 Comments on Placitas NM Real Estate Report for August 2010

SEP
28
2010
537,236 Points 5 Featured Posts Outside Blog Attended Rain Camp

Lots of days on the market.  Regardless, I know things will turn around for that area eventually, and you're smart to be poised for the comeback... g
3:54pm • #1


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Rich Cederberg eXp Realty

Albuquerque, NM

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