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Rich Cederberg's Blog

By Rich Cederberg | Agent in 87110

Corrales NM Home Sales Report

Here’s my monthly real estate report for Corrales NM.

Corrales October Home Sales

There were 4 closed sales in Corrales during October. All 4 of the sales were regular sales, there were no short sales or foreclosure homes.

Here are the stats on the 4 homes that sold:

Average Square Footage:    3090

Price per Square Foot: $161

Days on the Market: 199

Average Sales Price: $495,375

Corrales Homes for Sale

Currently there are 115 Corrales NM Homes for Sale. There are 58 3-bedroom houses, 58 4 bedroom homes and 83 homes with one plus acres.

There are only a small handful of  distressed properties for sale in Corrales. Out of the 115 available homes only 2 are bank owned homes and 7 are short sales. That means that 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 Corrales has been relatively unaffected by foreclosure activity.

With 4 homes closing last month and 115 homes available there is an incredible amount of great Corrales NM Homes for Sale to choose from!

Originally posted at http://www.albuquerquerealestatebuzz.com/market-reports/corrales-nm-real-estate-stats/

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