Hillcrest Park Condos Albuquerque (Market Report)

Hillcrest Park Condos Albuquerque (Market Report)

Hillrest Park Condos is a convenient and affordable condominium complex in NE Albuquerque. Located on Montgomery Blvd just east of Carlisle the location provides easy access to major areas of interest. The ABQ ride services the area making commuting a breeze. Visit the Hillcrest Park Neighborhood Community Blog for more information and details about Hillcrest Park Condos.

Hillcrest Park Condos Albuquerque has shown some good sales and listing activity. Here is a look back for 2011 of sales and all current inventory.

Search for all Hillcrest Park Condos Albuquerque for sale.

As of Jan 31st, 2012 there are 7 units currently listed for sale in Hillcrest Park

• Priced from a low of $40,000 to a High $69,900
• Average list price for the 7 units is $58,586.00
• Average size is 1,028 Sq.Ft
• 1,2 & 3 Bedroom units are all available
• Average Days on Market 407. This number is skewed because of one excessively long listing. The better analysis suggest 225 DOM

A total of 9 units have been recorded as sold since Jan 1, 2011 to Dec 31,2011

• Sales prices from a low of $35,000 to a High of $64,500
• Average sales price for the 9 Units $49,317
• Median price $47,450
• Smallest Unit sold 784 Sq.Ft 1 Bdrm, 1 Bth
• Largest Unit sold 1172 Sq. Ft 3 Bdrm, 2 Bth
• Average square footage sold 899 Sq.Ft
• Average Days on Market 114

Sales were off just a bit from 2010 mostly because of inability to gain financing for some buyers. Some regulations put in place by Fannie Mae and Freddie Mac created some issues that the Hillcrest Park Condominium management needed to work through. Many of the sales for 2011 were cash transactions but not all. Speak to your lender about any specifics.

Albuquerque Homes Realty has brokered many sales in the Hillcrest Park Condo complex representing both buyers and sellers. If you have any questions or wish to see any of the available units at Hillcrest Park Condos Albuquerque (Market Report) it would be my pleasure to assist you.