Here's my monthly real estate report for Cabezon. Cabezon is a subdivision of newer homes in Rio Rancho NM.
There were 13 closed sales in Cabezon during September. 8 of the sales were regular sales, the other 5 were distressed property sales.
Here are the stats on the 13 homes that sold:
| Sq Feet |
Beds | Baths |
Sales Price | DOM | $ Per Sq | Type |
| 977 | 2 | 1 | 128,151 | 49 | 131 | Regular |
| 1616 | 3 | 2 | 152,500 | 72 | 94 | REO |
| 1250 | 2 | 2 | 153,000 | 53 | 122 | Regular |
| 1500 | 2 | 2.5 | 153,600 | 101 | 102 | Short sale |
| 1865 | 2 | 2.5 | 173,270 | 42 | 93 | Regular |
| 2200 | 4 | 2 | 179,000 | 11 | 81 | REO |
| 1781 | 3 | 2.5 | 180,000 | 77 | 101 | REgular |
| 2538 | 5 | 2.5 | 185,000 | 410 | 73 | Short sale |
| 2009 | 4 | 2 | 203,000 | 42 | 101 | Regular |
| 2690 | 4 | 3 | 205,000 | 146 | 76 | Regular |
| 2141 | 3 | 2 | 215,000 | 41 | 100 | Regular |
| 2180 | 3 | 2.5 | 237,000 | 172 | 109 | Regular |
| 3475 | 5 | 4.5 | 287,000 | 81 | 83 | Short sale |
DOM=Days on the market
$ Per Sq=Price per square foot
Type=REO (Real Estate Owned or bank owned)
Currently there are 68 homes for sale in Cabezon. 46 are regular sales, 17 are short sales and 5 are bank owned homes.
The high number of short sale homes available is indicative of the general market conditions in Rio Rancho. In fact, 44% of all September closed sales in Rio Rancho were distressed property sales. If you want to get a good deal on a home in Cabezon, you'll most likely need to buy one of these homes.
Search for short sale property in Rio Rancho or foreclosed houses for sale in Rio Rancho today!
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