Statistics thus far for 2011 make it appear that homes sales in Placitas, NM may have turned the corner.
Average sales prices for single family homes in Placitas had steadily declined from 2007 through 2010, while time on the market had steadily increased. But figures for 2011 year-to-date show a turnaround in these figures.
Both in terms of average sales price, and in terms of average dollars per square foot, sales for 2011 are up slightly from the figures for 2010. At the same time, the average time on the market had decreased. See the graphs below for details:
|Average Sale Prices for Single Family Homes in Placitas||Average Price per SF in Placitas|
|Average Days on the Market in Placitas|
All data from Greater Albuquerque Association of Realtors statistics as of September 5, 2011.
It's a great time to check out homes for sale in Placitas, New Mexico. Some even offer owner financing, like these two that will be on the big "Owner Financing Open House Tour" for the greater Albuquerque area on September 16, 2011 from 4-7 p.m. For more information on the tour, see www.OwnerFinancing-NM.com.
9 Camino Vista Hermosa, listed by Lauren Herman of La Puerta Real Estate 867-3388