Oxbow Neighborhoods NW Albuquerque NM Market Repor 1/1/12 to 5/31/12

By
Real Estate Broker Owner with Albuquerque Homes Realty * www.AlbuquerqueHomes.com

Oxbow Neighborhoods Albuquerque NM Market Report 1/1/12-5/31/12

Oxbow Neighborhood Albuquerque Market Report 1/1/12-5/31/12The Oxbow Neighborhoods in the NW Quadrant of Albuquerque are actually six defined neighborhoods.  From Patio homes to Luxurious Hacienda type homes Oxbow offers a full range of home styles and price ranges.

Be sure to check out the Oxbow Neighborhood Profile page for an in depth look at each of these unique communities some with gated security and others not.

Currently there are 18 homes available Homes For Sale in the Oxbow Subdivisions.

  • Priced from a Low $199,900 to a High $875,000
  • Average price for the 15 listed homes is $434,223
  • The Median Price shows $341,806
  • Average Days on Market (DOM) 149

 

  • The smallest home is 1,520 Sq. Ft
  • Largest available home is 4,600 Sq.Ft
  • Average Size Home for sale 2,735 Sq.Ft


There are 3 Homes currently Pending under contract.  One of these is a Short Sale

  • Asking price at time of contract.  Low $300,000 to High of $1,200.00
  • Average price of the 3 homes $730,000
  • Average Days on Market 521 (The high DOM was 1041)
  • Smallest Pending Home is 2,014 Sq.  This is the Short Sale
  • Largest Pending Home is 7,700 Sq.Ft
  • Average Pending Home is 4,199 Sq.Ft (Much greater than the typical home in Oxbow)


4 Homes in the Oxbow Neighborhoods are listed at Sold and Closed since January 1,2012

  • Lowest Price Sale $232,000 to High Sale of $749,000
  • Smallest home sold 1,836 Sq.Ft
  • Largest Home Sold 4,968 Sq.Ft
  • Average Size of Sold Home 3,247 Sq.Ft
  • Average DOM 371 with a High DOM of 1216 and Low of 22


If you are considering the Oxbow Communities and HOA there are many options of sizes, styles and price ranges to fit your specific needs.  Oxbow is in a great NW Location and commutes over the river are quick and easy.  This is a market snapshot only and does not replace a full market analysis for any home in the Oxbow neighborhoods.  Contact a Realtor® or Appraiser to conduct a CMA of your home.

Please feel free to call me John McCormack with any questions you may have or to set up a time to view any Oxbow home for sale or to set up a market analysis of your home.
John@AlbuquerqueHomes.com  505.980.4576  www.AlbuquerqueHomes.com


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John McCormack    Owner/Managing Broker,  e-PRO

505-980-4576 / John@AlbuquerqueHomes.com

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Topic:
Real Estate Market Trends
Location:
New Mexico Bernalillo County Albuquerque Oxbow
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Tags:
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market report

Comments 13 New Comment

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Rainmaker
591,458
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Tahoe Real Estate Agent Helping Buyers and Sellers
Coldwell Banker, Tahoe City, CA (530) 414-1260

John - The Oxbow Neighborhood in Albuquerque NM looks like it is a very nice area and with a low turn-over.  Excellent real estate market report for Oxbow! 

June 07, 2012 10:45 AM
Rainmaker
1,222,064
Ron & Alexandra Seigel
Luxury Real Estate Marketing
ra@napaconsultants.com

John,

This looks like a wonderful community with different price ranges.  Thanks for sharing this in an interesting manner. A

June 07, 2012 10:49 AM
Rainmaker
1,259,590
Anita Clark
Realtor - Homes for Sale in Warner Robins GA
ColdwellBanker SSK Realtors ~ 478.960.8055

John: Another fine real estate market report letting your local readers know what the real estate climate is for the Oxbow Neighborhood.

June 07, 2012 10:50 AM
Rainmaker
980,020
Robert (Bob) Gilbert
Your Katy TX Real Estate Expert
Berkshire Hathaway HomeServices Anderson Properties

John,

You are teaching me how to write a really good neighborhood summary. Most folks like bullet points with keyn facts/statistics instead of weeding through a mountain of BS. Excellent job here and you say one word" Suggest".

June 07, 2012 12:14 PM
Rainmaker
888,680
Michael Jacobs
Pasadena Real Estate Representation 818.516.4393
Coldwell Banker Residential Brokerage

John -- looks as if there is a variety of homes in many budgets in Oxbow --- time to get those buyers into the car!

June 07, 2012 05:09 PM
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Additional Information

John McCormack is the Owner/Broker-Realtor® at Albuquerque Homes Realty. Serving Albuquerque and Rio Rancho home buyers and sellers since 2000.