There has been a lot of interest in Alto Village real estate this summer with prospective buyers looking to take advantage of a large inventory of homes for sale, and market conditions that have cooled prices since the highs of 2006 and 2007.
Alto Village is made up of 7 individual subdivisions: Alto Lakes Golf & Country Club, Deer Park Meadows, Deer Park Valley, Deer Park Woods, High Mesa, Lakeside Estates, and Sierra Blanca. Today’s buyers are looking for value, or “a great deal”, so I thought it would be good to compare the numbers by subdivision in Alto, and look at recent price reductions.
The chart below shows data for each subdivision.
As you can see, there have been some significant price reductions, especially in Deer Park Woods and Sierra Blanca. If you would like information on specific listings that have been reduced, or to receive a list of all properties for sale in Alto Lakes Golf & Country Club, please contact me, or email mary@ruidoso-homes.com or call or text me at 575-937-5229.
Read more about Alto NM real estate at the RuidosoBlog.com.
Prudential Lynch Realty of Ruidoso New Mexico - serving Lincoln County including Alto and Capitan.
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