Richland Hills (Albuquerque, NM)
Richland Hills (Albuquerque, NM) Real Estate News
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Richland Hills NW Albuquerque Neighborhood
Rich Cederberg, eXp Realty (eXp Realty)

Richland Hills NW Albuquerque Neighborhood

Richland Hills is a popular neighborhood of Richland Hills Sign on brick wallmostly brick homes in NW Albuquerque. The brick homes plus the neatly manicured yards and grassy lawns give the neighborhood a nice crisp and clean look that sticks out in the desert.   

Richland Hills is a smaller neighborhood, but it does have its own nice size park. Many residents also use the playground at Petroglyph Elementary. Petroglyph national park is also very close by where many residents go to walk and view the rock art.

In addition to Petroglyph Elementary School, children in the area attend James Monroe Middle School and Cibola High School (View the APS school boundary map). 

Nearly all the homes in Richland Hills were built by Sivage Thomas, a popular and well regarded builder in NW Albuquerque. Home construction began in the mid 1990's and was finished by the end of the decade.

 

Richland Hills Real Estate

Over the year there were 7 sales in Richland Hills, ranging in price from $151,000 to $285,500. The average sales price was $251,928 and the median sales price was $267,000 (the median price is considerably higher due to one sales at $151,000). The average square footage for the homes was 2,295 square feet and the average price per square foot was $110.

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These real estate stats are meant to give you a general idea of home values in Richland Hills. They are very general and should not be used to price individual homes.

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Home sales information provided on 11/15/2012 from the Albuquerque MLS courtesy of the Greater Albuquerque Association of Realtors.

Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

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Richland Hills Real Estate Report for 2010
Rich Cederberg, eXp Realty (eXp Realty)

Richland Hills HouseRichland Hills is a popular neighborhood located in Northwest Albuquerque at the intersection of Paseo del Norte and Golf Course Blvds.

The majority of the homes in Richland Hills were built in the 1990's by popular builder Sivage Thomas. The homes feature elegant floorplans with vaulted ceilings and lots of windows to let in natural light.

Sivage Thomas was a popular builder in Albuquerque until 2003, when they were bought by Pulte Homes.

 

Here are the Richland Hills home sales stats for 2010:

 

Homes Listed 8
Homes Sold 5
Cancelled/Expired 3

 

  Ave Sq Feet Price Per Square Feet Ave Days on Market Ave Sales Price
Sold Homes 2,078 $115 44 $240,200
Cancelled/Expired 2,439 $122 130 $294,967

 

It's pretty clear that the Richland Hills homes that did not sell were overpriced. If you need to sell your Richland Hills home, consult with a Realtor who knows the stats.

Request a home valuation/market analysis of your Richland Hills home.

 

 

Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

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Richland Hills, NM Real Estate Market History
Rich Cederberg, eXp Realty (eXp Realty)

Here is a summary of  Richland Hills, NM Real Estate over the last 10 years. Richland Hills Subdivision is located in Northwest Albuquerque.

Richland Hills, NM Real Estate Report

Here is a graph that respresents the number of homes sold in Richland Hills from 1999 to 2009.
As you can see, the number of homes sold peaked in 2002. Home sales have been in decline since 2005 and are at a level that matches the number of sales in 2000.

Richland Hills, NM Real Estate

I have tracked average days on the market (DOM) using total cumulative days from the initial listing to when the house is put into pending status. In 2005 homes were flying off the market, the average DOM was a mere 15 days. This year the DOM is 131.

Richland Hills, NM Real Estate

The average sales price has declined 13% since it's peak on 2006. Average sales price has declined 2% over the last year.

Summary

Although the number of sales has declined considerably (38%) since the 2005/2006 peak, average sales price has only declined 13%.

There have been no short sales, foreclosures or bank owned properties (REO's).  The Richland Hills Real Estate Market remains relatively strong.

Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

Read My Albuquerque Real Estate Blog

 

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Richland Hills Real Estate Report
Rich Cederberg, eXp Realty (eXp Realty)

There has not been much activity since my last report. There were two houses for sale in the neighborhood, one has just changed to "pending" status and another has expired.

 

Updated October 29, 2009


Active Listings

There are currently no active listings.

Pending Sales

8720 Silvercrest NW

8720 Silvercrest NW

 

Original List Price: $359,900 

Reduced to: $319,900

Square Footage: 3012

Original Price per Square Foot: $119

Final Price per square foot: $106

Beds: 4     Baths: 3.5     Garage: 3

Days on the Market: 193

 

 

 

                 Listing Provided by Coldwell Banker Legacy

Expired Listings


4201 Beacon Knoll NW

Richland Hills Real Estate Report

 

List Price: $285,000

Price per Square Foot: $130

Reduced Price: $274,900

Price per Square Foot:$126

Square Footage: 2191

Beds: 3  Baths: 2.5 Garage: 3

Days on the Market: 489

 

 

 

 

 

I hope you have found the information in this report helpful. Please check back at Localism or www.NWAbq.com for updates. In the meantime, please call 750-1846 or e-mail me at Rich.Cederberg@TopProducer.com if you have any questions about this awesome neighborhood.

Click here for last month's report

 

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Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

Read My Albuquerque Real Estate Blog

 

Rich Cederberg on Google PlusRich Cederberg on FacebookRich Cederberg on LinkedInRich Cederberg on TwitterRich Cederberg on PinterestRSS FeedRich Cederberg on YouTube

 

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Richland Hills Neighborhood in Northwest Albuquerque
Rich Cederberg, eXp Realty (eXp Realty)

Description

Northwest Albuquerque's Richland Hills Subdivision is a beautifully manicured neighborhood of almost all brick homes. The homes are larger and many have lush midwestern-like landscaping. Although the neighborhood is approximately 15 years old, but it is aging well with most homes being in very good condition.

BuildersRichland Hills Subdivision in Northwest Albuquerque

Richland Hills was developed by Sivage Thomas in the mid to late 1990's. Sivage Thomas enjoys a good reputation and is one of the more popular builders on Albuquerque's Westside. There are a nice variety of floor plans and elevations in the neighborhood. Many buyers say that Sivage Thomas homes have an elegant feel.

Schools


Most of the children of Richland Hills attend Petroglyph Elementary, James Monroe Middle School or Cibola High School. Central New Mexico Community College is also located 4.4 miles away.

Parks

Richland Hills Park is located on Richland Hills Road in the middle of the neighborhood. The large park has play equipment, benches, a covered picnic area, a large grassy area for pets or room to throw a football around.

What's Nearby?

There's plenty of shopping within walking distance (within a approximately a half mile):

  • Smiths Grocery Store (.65 miles)Richland Hills Subdivision in Northwest Albuquerquer
  • WalMart Neighborhood Market  (.21 miles)
  • Walgreens (.3 miles)
  • First Community Bank 
  • Wells Fargo Bank (inside Smith's)
  • Ace Hardware
  • UPS Store
  • Starbucks
  • Curves
  • Chiropractor
  • 2 Gas Stations
  • Post Office
  • After Hours Pediatric
  • Peter Piper Pizza
  • 2 Chinese Restaurants
  • Canine Country Club

There's is other shopping that's a quick drive away:Richland Hills Subdivision in Northwest Albuquerque
   

And soon there will be two hospitals:


Homeowners Association?

There is a mandatory homeowners association in Richland Hills, but the annual fees are low, approximately $15.

Crime

The neighborhood as served by Albuquerque Police Department's Northwest Area Command.

 

View NW Albuquerque Homes for Sale from $150,000 to $175,000

View NW Albuquerque Homes for Sale from $175,000 to $200,000

Other nearby Neighborhoods

Northwest Albuquerque Real Estate Reports

Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

Read My Albuquerque Real Estate Blog

 

Rich Cederberg on Google PlusRich Cederberg on FacebookRich Cederberg on LinkedInRich Cederberg on TwitterRich Cederberg on PinterestRSS FeedRich Cederberg on YouTube

 

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Richland Hills Real Estate Report (Albuquerque, NM)
Rich Cederberg, eXp Realty (eXp Realty)

 

Here is my latest Richland Hills Real Estate Report. Richland Hills subdivision was developed by Sivage Thomas in the mid 1990's. The homes are larger, mostly brick, and many have lush midwestern-like landscaping. Although the neighborhood is approximately 15 years old, but it is aging well with most homes being in very good condition with nicely maintained landscaping.

Richland Hills is located very near Paseo del Norte for an easy commute to Kirtland AFB, downtown Albuquerque and Intel in Rio Rancho and is located near local businesses, restaurants and shopping. Everyone should consider buying in Richland Hills, especially if they are relocating to Albuquerque from the midwest.

There has not been much activity since my last report. There have been only two closed sales and there are currently only two houses for sale in the neighborhood.

 

 

Updated September 9, 2009

Active Listings

 

4201 Beacon Knoll NW

 

Address: 4201 Beacon Knoll NW

List Price: $274,900

Square Footage: 2190

Price per Square Foot: $126

Beds: 3     Baths: 2.5     Garage: 3

Days on the Market: 464  

 

 

 

Listing provided by AllStar Realty

 

 

 

 

 

8720 Silvercrest NWAddress: 8720 Silvercrest NW

List Price: $329,000 

Square Footage: 3012

Price per Square Foot: $109

Beds: 4     Baths: 3.5     Garage: 3

Days on the Market: 145

 

 

 

Listing Provided by Coldwell Banker Legacy

 

 

 

Pending Sales

There are no properties currently in "Pending" Status

 

 

Closed Sales since May 25, 2009

 

 

4300 Ridgemont NW

 

Address: 4300 Ridgemont NW

List Price: $250,000/Sales Price: $225,000

Square Footage: 2057

Price per Square Foot: $109

Beds: 3    Baths: 2     Garage: 3 

Days on the Market: 81

Sale Date: 09/08/09

 

 

 

Listing Provided by Coldwell Banker Legacy

 

 

 

8705 Westridge NW

 

Address: 8705 Westridge NW

List Price: $259,900/Sales Price: $250,000

Square Footgae: 2190

Price per Sqaure Foot: $114

Beds: 3     Bath: 2.5     Garage: 3

Days on the Market: 310

Sale Date: 08/25/09

 

 

 

Listing Provided by RE/MAX Elite

 

 

 

 

I hope you have found the information in this report helpful. Please check back at www.Localism.com or www.NWAbq.com for updates. In the meantime, please call 400-5994 or e-mail me at Rich.Cederberg@TopProducer.com if you have any questions about this awesome neighborhood.

Click here for last month's report

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Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

Read My Albuquerque Real Estate Blog

 

Rich Cederberg on Google PlusRich Cederberg on FacebookRich Cederberg on LinkedInRich Cederberg on TwitterRich Cederberg on PinterestRSS FeedRich Cederberg on YouTube

 

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Richland Hills Real Estate Report (NM)
Rich Cederberg, eXp Realty (eXp Realty)

 

Here is a report of real estate activity Richland Hills subdivision in Northwest Albuquerque. Richland Hills was developed by Sivage Thomas in the mid 1990's. The homes are larger, mostly brick, and many have lush midwestern-like landscaping. The neighborhood is aging well with most homes being in very good condition with nicely maintained landscaping. Richland Hills is located very near Paseo del Norte for an easy commute to Kirtland AFB, downtown Albuquerque, Intel in Rio Rancho and is located near local businesses, restaurants and shopping. Everyone should consider buying in Richland Hills, especially if he or she is relocating here from the midwest.  

View current Richland Hills Homes for Sale.


Here is a comprehensive look at the Richland Hills Real Estate Market

Updated July 20, 2009  

Active Listings                        

Address                       Price           Sq Ft      $per sq      Beds      Baths      Gar              DOM

Beacon Knoll   $274,900       2190         126            3          2.5            3              413

Silvercrest       $350,000       3012         116            4          3.5            3               94

Ridgemont      $250,000       2057         122            3           2              3               80  

Pending Sales                                               

Address            Price         Sq Ft       $perSq     Beds      Baths     Gar       Days

Westridge       $259,900       2191        123             3           2.5        3           

Closed Sales since May 25, 2009

Address            OLP             FLP          SP           SP/OLP  SP/FLP   DATE 

Timberidge      $259,900     $254,900   $250,000     96.19  98.08 05/15/09                                   

Rosecliff          $299,900    $299,900     $288,000    96.03  96.03 06/24/09

Silvercrest       $274,900     $274,900     $265,000    96.04  96.04 07/01/09

Address              Sq Ft             $per Sq             Beds            Baths      Gar       DOM    __ 

Timberidge        2038                123                    4                  2            3          101             

Rosecliff            2700                107                  4/5                 3            2           36

Silvercrest          2190                121                    4                2.5           3            7

 

I hope you have found the information in this report helpful.

Search Albuquerque Homes for Sale

In the meantime, please call 803-5012 or e-mail me at Cederrich123@gmail.com if you have any questions about this awesome neighborhood.

 

 

Rich Cederberg, Albuquerque Real Estate Agent

Please Consider Making Me Your Next Realtor

"I'll always keep your best interests in mind

 

Call Me or Text Me at (505) 803-5012

 

Search Albuquerque Homes for Sale

Search by Neighborhood | Search by High School 

Read My Albuquerque Real Estate Blog

 

Rich Cederberg on Google PlusRich Cederberg on FacebookRich Cederberg on LinkedInRich Cederberg on TwitterRich Cederberg on PinterestRSS FeedRich Cederberg on YouTube

 

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