Far Northeast Albuquerque Homes and Real Estate

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About Far Northeast Albuquerque, New Mexico:

Far Northeast Albuquerque, NM Homes for Sale, Condos, Townhouse, Townhomes, Land and Real Estate

The Far Northeast part of Albuquerque is where you’ll find many of the newer neighborhoods and homes. As the City grew from the Downtown / Old Town Albuquerque area by the Rio Grande River, the development moved toward the Albuquerque Real Estate to the north and east. North up to the Sandia Reservation, and the east to the Sandia Mountains. Here you will find many Albuquerque homes in traditionally developed neighborhoods, and homes on an acre or more. Home styles range from Southwestern to Traditional to Contemporary. Again, the Sandia Mountains are the boundary to the East and many of the homes in the “foothills” have phenomenal views of the City of Albuquerque below and the Rio Grande River Valley. In the Far Northeast Heights, you’ll find many of Albuquerque’s premier neighborhoods including High Desert, Primrose Pointe, Tanoan, North Albuquerque Acres, Ocotillo, Sandia Heights, Glenwood Hills, La Cueva, and Vineyard Estates. Some of the most valuable Albuquerque Real Estate can be found in the Far Northeast foothills. Many employees of Sandia Nationals Labs, Kirtland Air Force Base, Intel Corporation and other major employers have chosen this area of Albuquerque to call home.

In general, the schools in the far NE tend to be newer and rate very well. The Albuquerque Academy is located here along with a few other exceptional private schools. The Albuquerque Academy is notable as they have preserved a large area of their Real Estate in its native state where people can walk and jog.

As for recreational opportunities, the options are almost limitless. There are City of Albuquerque parks and the Cibola National Forest. Playgrounds and tennis courts; paved hiking, biking and jogging trails; dirt trails, and mountain trails; along with many areas for picnicking are plentiful in this area. There are also great golf courses in the Far Northeast Heights of Albuquerque. Tanoan Country Club is a private golf club and very nice gated community (this is the classic Country Club community, beautiful Real Estate). Sandia Golf Club at the Sandia Resort and Casino is fairly new, and Arroyo del Oso is a fun and challenging City of Albuquerque public golf course where you can sneak away for a quick 9 holes on “The Dam 9” or play on their 18 hole course.

Far Northeast Albuquerque includes the friendly communities of Academy Acres North, Academy Estates East, Academy Hills Park, Academy North, Academy Park, Academy Ridge East, Academy West, Albuquerque Academy, Albuquerque Acres, Antelope Run, Arroyo del Oso North, Bear Canyon, Boyds-Leslie Park,Cherry Hills, Countrywood, Del Norte, Eagle Pointe, Eisenhower Area, Far Northeast Heights, Foothills, Glenwood Hills, Heritage East, Heritage Hills, High Desert, Highlands North, Jade Park, John B Robert, La Cueva Village, La Cueva, Nor Este, Sonora, North Albuquerque Acres, North Domingo Baca, North Hills, North Wyoming, Northeast Heights, Ocotillo, Oso Grande, Osuna Park, Palomas Park, Peppertree-Royal Oak, Primrose Pointe, Prospectors Ridge, Quail Springs, Quintessence, S Y Jackson, Sandia Heights, Sonora, Tanoan Community, Tanoan Country Club, Tanoan East, Tanoan and Vineyard Estates.

If you are searching for a home, house, homes for sale, houses for sale, real estate, townhouses, townhomes, lofts, land, acreage, lots for sale or investment property in Albuquerque, NM (New Mexico) you’ve come to the right place! Please browse through the links provided below to find the best home and house values in Far Northeast Albuquerque (87111, 87109, 87122, 87113).

Far NE Heights Housing Market Trends

Average Price is calculated by dividing the number of homes sold by the total dollar amount of the sales. Average price is not a true measurement of appreciation/depreciation but shows trends.

Far NE Heights Average Home Prices. Active and Sold

  • 429789.78,413707.14,433561.20,438178.98,434221.08,468361.55,443592.64,443993.59,448279.41,451693.73,453683.15,470485.75
  • 316762.03,368369.65,319471.58,333775.23,317514.26,333154.35,344073.59,340057.45,314517.67,343797.57,300283.75,332889.26

Information is deemed to be reliable, but is not guaranteed. © 2016

Median Price is the middle price point of all homes sold. Said another way… half the homes sold for more and half the homes sold for less. A good indicator of housing price trends.

Far NE Heights Median Home Prices. Active and Sold

  • 339000.00,324950.00,339900.00,350000.00,329900.00,371950.00,351000.00,349950.00,350000.00,354900.00,356250.00,365000.00
  • 275000.00,311000.00,262500.00,283000.00,280000.00,290000.00,276000.00,277500.00,287500.00,293000.00,240000.00,287359.50

Information is deemed to be reliable, but is not guaranteed. © 2016

Home Inventory helps identify trends in supply and demand in the market. This chart shows Active (for sale) properties vs. Sold properties

Far NE Heights Home Inventory Supply. Active vs. Sold

  • 405,370,379,437,475,474,521,548,545,547,524,480
  • 108,66,91,109,137,153,188,141,150,128,110,110

Information is deemed to be reliable, but is not guaranteed. © 2016

Absorption Rate is a measurement of Supply vs. Demand. It is calculated by dividing the number of homes sold in a month by the number of homes on the market. A higher number equates to more supply and a lower number means less supply.  A 6 month supply is generally considered a Balanced Market.

Far NE Heights Absorption Rate. Months Supply of Inventory

  • 3.38,3.08,3.19,3.63,3.92,3.9,4.23,4.45,4.46,4.48,4.25,3.92

Information is deemed to be reliable, but is not guaranteed. © 2016

Days on Market is another good indicator of Supply vs. Demand trends. It is number of days a listing is active in MLS before it is Pending. Average days on market is calculated by adding days on market of all listing and dividing by the number of listings.

Far NE Heights Average Days On Market

  • 54.2,57.5,51.9,71.1,59.9,48.7,33.5,39.9,36.6,52.4,43.6,42.2

Information is deemed to be reliable, but is not guaranteed. © 2016

Listing Price to Sale Price Ratios give us an indication on how much (on average) homes prices are being discounted off the listing prices.   This chart shows us both the discount from Original Listing Price to final sale price, and also List Price (at time of contract) to final sale price.

Far NE Heights Sale Price to Listing Price Discount Ratio %

  • 94.7,94.7,95.0,94.6,95.6,96.6,96.2,95.8,95.7,95.2,94.6,95.0
  • 97.1,96.9,96.4,96.8,97.3,97.7,97.8,97.5,97.2,97.3,96.9,97.0

Information is deemed to be reliable, but is not guaranteed. © 2016