Here are this month’s Foreclosure and short sale stats for Ventana Ranch in NW Albuquerque.
Foreclosure and Short Sales Stats Up
22 homes sold in September 2012, of which 12 were regular sales, 5 were short sales and 5 were foreclosure or REO sales. Total distressed sales (45%) were up from 37% in July and 33% in August.
September Price Per Square Foot
The average price per square foot on regular sales, which was down from $100 in July to $91 in August, was back up to $99 in September.
Short sales averaged $74, and foreclosure sales averaged $84.
Foreclosure and Short Sale Stats: Days on Market
Homes were selling fast in Ventana. Regular sales were selling in 57 days and REO sales averaged only 50 days on the market. Short sales were moving in 76 days.
Ventana Sales Price to List Price Ratio
Regular sales and REO sales were selling within 3% of list price. Short sales were selling for about 8% below list price. That’s a pretty good deal!
Please CALL or TEXT me at (505) 803-5012 for more information on this neighborhood or any other Northwest Albuquerque Neighborhoods.
These statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 10/04/2012. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.