Why Live in Summit Park
Summit Park, which has a community park by the same name, is an Albuquerque neighborhood close to the University of New Mexico's North Campus, which includes the UNM Hospital. It's less than a mile to the trendy retail district Nob Hill, which is off Central Avenue. "Nob Hill tends to be more urban because it's near a busy street. If you extend north and south, it's all considered the 'UNM Area,'" says Kim Kiegel, an associate broker with eXp Realty. Most of Summit Park's homes were built from the 1940s to the '70s. "They have character. The architecture tends to be Pueblo style or sometimes Territorial style," says Kiegel. Pueblo-style homes have stucco walls, flat roofs and timbering. Territorial-style homes have similar exteriors and roofing, but may include Greek Revival features like square columns, pillars and the use of brick. There are also bungalows, split levels and ramblers in the neighborhood. Prices range from the $300,000s to $700,000s. Townhouses off Indian School Road Northeast have hovered in the $200,000s. Montezuma Elementary School is in the north part of the neighborhood and earns a C-plus grade from Niche. Montezuma joins other Albuquerque public elementary
Home Trends in Summit Park, NM
On average, homes in Summit Park, Albuquerque sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Summit Park, Albuquerque over the last 12 months is $416,200, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$416,200
Median Single Family Sale Price
$422,500
Average Price Per Sq Ft
$255
Number of Homes for Sale
5
Last 12 months Home Sales
21
Median List Price
$440,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%