$7,956 Closing Credit*
$669,990
1,960 SqFt
3 Beds
•1 Full Bath
James L Hepker, Listing Office: Serendipity Realty Inc.
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 October 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
$390,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$162,000(-29.3%)
Key Takeaway
Homes in Alameda North Valley have sold for 29.3% less than they did a year ago.
Summary: The median home sold price in Alameda North Valley was $390,000 in October 2024, down 29.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $380K | $330K | -13.2% |
| 3 Bedrooms | $518.3K | $355K | -31.5% |
| 4 Bedrooms | $680K | $612.2K | -10.0% |
| 5+ Bedrooms | $700.4K | $550K | -21.5% |
Summary: Alameda North Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 31.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 21.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest Albuquerque | $348.6K | $359.4K | +3.1% |
| Vista Del Norte | $350K | $325K | -7.1% |
| Alameda North Valley | $552K | $390K | -29.3% |
Housing Supply in Alameda North Valley, NM
How many homes are available in Alameda North Valley, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Summary: The Alameda North Valley real estate market had 45 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Alameda North Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Alameda North Valley, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Alameda North Valley in October 2024, up by 44.4% month-over-month. Of the 13 sold homes, 31% were sold under asking, 62% were sold at asking, and 8% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 36 Days | -47.0% |
Summary: Homes in Alameda North Valley had an average of 36 days on market in Oct 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alameda North Valley has remained consistent over time.
Summary: During October 2024, 13 homes were sold in Alameda North Valley; 38% of homes were sold within 30 days, 62% 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.