Oxbow Neighborhoods in NW Albuquerque First Quarter Market Report 2012
The Oxbow Neighborhoods of NW Albuquerque is seeing a flurry of listing activity with over 15 homes currently for sale, 3 Pending Sales and 1 Closed transaction since January 1,2012.
Oxbow consists of five different and distinct neighborhoods as follows. Oxbow North, Oxbow Park, Oxbow Village, Oxbow Bluff and Enclave at Oxbow. Each of these separate subdivision offers its own style and flavor of homes.
Visit our Oxbow Neighborhoods profile for a more indepth look at Oxbow communities, location and features.
Here you will find all Oxbow Homes For Sale and an Oxbow Lifestyle Search
Currently as of 04/03/2012 there are 15 Oxbow Homes For Sale
- Priced from a Low $209,900 to a High $875,000
- Average Price for the 15 available homes $464,300
- Median Price for the 15 homes $384,900
- Average Days on Market (DOM) 162
- Smallest Available Home 1,520 Sq. Ft
- Largest Available Home 4,968 Sq. Ft
- Average Home Size 2,952 Sq. Ft
There are 3 homes currently reported as being under contract or “Pending”
- Priced from a low $386,270 to a high $1,200,000
- Average Price for the 3 homes 758,757
- Median price for the 3 homes 690,000
- Average Days on Market 482
- Smallest pending home 2,348 Sq.Ft
- Largest pending home 7,700 Sq.Ft
- Average pending size 4,311 Sq.Ft
Just one home in the Oxbow communities is reported as CLOSED since 1/01/2012
- Sales price $335,000
- 93.08% of listed price
- 2,525 Sq.Ft
- 1216 Days on Market
As a side remark the 7,700 sq.ft home that is currently pending was originally priced at $2,399,000 and was reduced to $1,200,000 at the time of contract. Fortunately this is not a pattern for the Oxbow communities or the Albuquerque Metro.
With the 15 homes currently available in Oxbow there is a great mix of comfortable and affordable to absolutely gorgeous luxury master pieces. This feature alone is one the helps the Oxbow Neighborhoods in NW Albuquerque stand out as a desirable community.
Be sure to check back often for quarterly market report updates and neighborhood profiles. We are Albuquerque Homes Realty and AlbuquerqueHomes.com
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