$4,275 Closing Credit*
$360,000
1,539 SqFt
2 Beds
•2 Full Baths
#1075154, Jonathan P Tenorio, Listing Office: Keller Williams Realty
Is Alameda North Valley, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alameda North Valley has remained a Seller's Market.
Key Takeaway
Alameda North Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alameda North Valley, NM
How much do homes in Alameda North Valley, NM cost?
Median Sold Price
$398,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$147,000(-27.0%)
Key Takeaway
Homes in Alameda North Valley have sold for 27% less than they did a year ago.
Summary: The median home sold price in Alameda North Valley was $398,000 in November 2024, down 27% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $735K | - | N/A |
| 2 Bedrooms | $380K | $345K | -9.2% |
| 3 Bedrooms | $502.5K | $360.4K | -28.3% |
| 4 Bedrooms | $675.4K | $600K | -11.2% |
| 5+ Bedrooms | $684.9K | $485K | -29.2% |
Summary: Alameda North Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 28.3%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest Albuquerque | $349.9K | $360K | +2.9% |
| Vista Del Norte | $352.5K | $325K | -7.8% |
| Alameda North Valley | $545K | $398K | -27.0% |
Housing Supply in Alameda North Valley, NM
How many homes are available in Alameda North Valley, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 35 | -18.6% |
Summary: The Alameda North Valley real estate market had 35 homes for sale in November 2024, a 18.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Alameda North Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alameda North Valley, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Alameda North Valley in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.
Days on Market for Alameda North Valley, NM
How long does it take to sell a home in Alameda North Valley, NM?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 30 Days | +69.3% |
Summary: Homes in Alameda North Valley had an average of 30 days on market in Nov 2024, up by 69.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alameda North Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Alameda North Valley; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.