$227,000
- 2 Beds
- 2 Baths
- 1,141 Sq Ft
4801 Irving Blvd NW Unit 2702, Albuquerque, NM 87114
Michael Chochol Simply Real Estate
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4713 Country Club Ln NW Unit D4, Albuquerque, NM 87114
4713 Country Club Ln NW Unit D4, Albuquerque, NM 87114Sylvia Benavidez Coldwell Banker Legacy
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831 Country Club Dr SE Unit 2F, Rio Rancho, NM 87124
831 Country Club Dr SE Unit 2F, Rio Rancho, NM 87124Ruby Caputo Ruby's Realty Inc.
Why Live in Rio Rancho Estates
The wide-open plains west of Unger Boulevard in Rio Rancho have been lined with the framework of suburban streets for decades, but until recently, homes were a rarity among the desert brush. The area is known as Rio Rancho Estates, and it was conceived in the 1970s as a vast development on the city's outskirts. “Rio Rancho Estates was subdivided back then, but construction never got off the ground. It’s been sold off in units by the developer since then,” says Realtor Gabriel Vargas of Double Eagle Real Estate, who has over 15 years of experience in the area. “Currently, it’s the fastest growing area in the Southwest. There’s a brand-new elementary school, a brand-new hospital across the street and some of the highest prices for land in the city of Rio Rancho.”
The neighborhood’s proximity to modern amenities and shopping destinations in Rio Rancho and Albuquerque make it appealing for commuters who wish to be comfortably removed from the bustle of the city. While it may not have proceeded according to plan, suburban homes have finally sprung up amongst the cacti and the sagebrush in Rio Rancho Estates. Residential lots in Rio Rancho Estates are sparse. Patches of ranch-style
Home Trends in Rio Rancho Estates, NM
On average, homes in Rio Rancho Estates, Rio Rancho sell after 77 days on the market compared to the national average of 51 days. The median sale price for homes in Rio Rancho Estates, Rio Rancho over the last 12 months is $429,000, down 8% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$429,000
Median Single Family Sale Price
$600,025
Average Price Per Sq Ft
$252
Number of Homes for Sale
13
Last 12 months Home Sales
13
Months of Supply
12.00
Median List Price
$532,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%
Rio Rancho Estates Types of Homes for Sale
Rio Rancho Estates Real Estate Listings
More About Living in Rio Rancho Estates
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