Why Live in Tierra Oeste
Tierra Oeste is one of the last suburban neighborhoods between Albuquerque and the sandy expanse of the western mesa. It is perched north of the major east-west highway of the area, giving residents a lifeline to the city while at a comfortable remove. “It feels a bit like Southern California, just without the price tag,” says Broker Jeff Griffin with Century 21 Camco Realty, who has over 10 years of experience in the area. “It’s a newer neighborhood on the northwest side of Albuquerque, and things just feel a lot more relaxed here than they do in other places. It’s not the kind of place where people care about pedigree or status. It’s a comfortable part of town in a rather beautiful area, and I think that, plus a compressed commute time, makes for a comfortable assimilation to the neighborhood, no matter where you’re from.” Ranch-style homes and Modern Traditional builds dominate the neighborhood’s loping residential streets. “A lot of houses in the Tierra Oeste area were built after 2000,” Griffin says. “Most of them have stucco siding, which can take a bit of adjustment if you’re used to cedar or other wooden siding. But any exterior wood does not do well in the high desert.
Home Trends in Tierra Oeste, NM
On average, homes in Tierra Oeste, Albuquerque sell after 35 days on the market compared to the national average of 51 days. The median sale price for homes in Tierra Oeste, Albuquerque over the last 12 months is $375,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$315,000
Average Price Per Sq Ft
$192
Number of Homes for Sale
8
Last 12 months Home Sales
69
Median List Price
$385,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%