Stonebridge Real Estate Stats

By
Real Estate Agent with eXp Realty

Here's my monthly real estate report for Stonebridge Subdivision in Northwest Albuquerque.


View Stonebridge Subdivision in a larger map

Stonebridge Home Sales


There were 2 closed sales in Stonebridge during September. Both of the sales were bank owned sales.

Here are the stats on the 2 homes that sold:

Sq Feet Beds Baths Cars Acres Builder Cooling Sale Price
$ Per Sq  DOM Short Sale Bank Owned Financing
2200 4 3 (3 0 0) 2 0.13 Centex Evap 149,800 68.09 35 NO YES FHA
2518 4 3 (2 0 1) 2 0.15 Unknown Evap 185,000 73.47 80 NO YES FHA


Baths (Full, 3/4, 1/2)
DOM=Days on the market
$ Per Sq=Price per square foot
Type=REO (Real Estate Owned or bank owned)

Stonebridge Homes for Sale


Currently there are 12 Stonebridge Homes for Sale. 5 are regular sales, 1 is a bank owned home and 6 are short sales.

12 homes on the market and only 2 closed homes this month means there is a 6 month inventory of homes in Stonebridge. This is what the National Association of Realtors calls a balanced market. It's neither a sellers market or a buyers market. However, over half of the Stonebridge houses for sale are distressed properties which will have an effect on home values.

Stonebridge Community Park and Pool is centrally located in the neighborhood and the houses in Stonebridge are very close to the New Rio Rancho Presbyterian Hospital.






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Rainmaker
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Tni LeBlanc, Realtor®, J.D.
Mint Properties, Lic. #01871795 - Santa Maria, CA
Tenacious Tni (805) 878-9879

This is fantastic local market infomration and just the type of thing that buyers and seller really want to see. Keep up the good work.

Oct 15, 2010 04:59 PM #1
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eXp Realty Agent Albuquerque
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