Alto, NM

Outlaw Golf Estates, formerly known as Outlaw at Lincoln Hills, now offers dual membership with Alto Lakes Golf & Country Club - a great golfing opportunity for property owners who play at both courses. See Outlaw / Alto article at Ruidoso Homes Real Estate

The new master planned Outlaw development consists of 186 home sites, designed within the 700 acre subdivision located just east of Alto Lakes.

Alto Lakes members, who may have previously found summer tee times hard to come by, will now have access to the Oulaw Golf Estates course - just a few minutes away. Outlaw owners will have access to Alto Lakes Golf facilities including the 18 hole course, dining, tennis, fitness room and outdoor pool.

Lots in the Outlaw offer views of the nearby Sacremento Mountains including Sierra Blanca Peak to the west, or the Capitan Mountains to the north. Many of the lots are on the golf course and provide views of the fairways along with wooded vistas of pinon, juniper and tall ponderosa pine trees.

View photos of Ruidoso area golf gourses.

In looking at the current market for homes and town homes for sale in Alto Lakes Golf & CC, I thought it would be interesting to compare the current stats to those reported in Aug, 2008 in Buyers Market in Alto - Aug. 2008 . The number of site built homes, with a full golf membership, currently listed is 110, as compared to 82 in Aug. 2008. The current median listing price for this group is $366,000 as compared to $407,250 back in August.

The median price per sq. foot has dropped to a current price of $169 down from the previous number of $180 / sq. ft. The median listed home size is 1600 sq. ft. as compared to 2256 sq. ft. in August.

There are 26 homes currently listed in Alto with a social membership. The median listing price is $356,000 with a median sq. ft. price of $167. These numbers are down slightly from August, 2008 when the median price was $359,000 and price per sq. ft was $169, for the 23 properties that were listed then.

There are currently 8 town homes and condos listed in Alto. Median price is $288,750 as compared to $399,000 in August. All but one of these properties have a Full Golf Membership.

If you would like to receive a list of all properties for sale in Alto Lakes Golf & Country Club, please email mary@ruidoso-homes.com or call or text me at 575-937-5229.

Read more about Alto New Mexico Property at the Ruidoso-blog.

The Ranches of Sonterra is one of the primary subdivisions, in the Ruidoso area for those who are looking for a nice home on acreage. The minimum lot size in this subdivision is 5 acres and horses are allowed. The terrain is rolling hills, great views and a beautiful river valley. For more background information on Ranches of Sonterra, see updates at the Ruidoso Blog.

Twenty three homes are currently listed, and many of these have had price reductions of 10% to 20% over the last several months. Current listings range in price from $225,000 to $979,000. The average list price is $608,419, and the median is $585,000. The average price per square foot is $195 and the median is $203. The median days on the market for these listings 169 days.

Given these factors, and the current real estate market, buyers will likely find excellent value in one of Lincoln County’s most popular subdivisions.

In my opinion, one of the best values in Ranches of Sonterra at this time is a brand new 2750 square foot, single level, southwestern style home on 5 acres that is priced at just $187 per square foot ($499,000 list price). This home features radiant floor heating, stamped concrete floors, 2 stacked rock fire places, 3 bdrms, 2 baths, plus an office. Click here to view more information on this property I’ll be posting future updates on market conditions in Ranches of Sonterra, along with other areas, so check back often.

If you would like to receive a list of all properties for sale in Ranches of Sontera, please contact me, or email mary@ruidoso-homes.com or call or text me at 575-937-5229.

Alto Village is a private residential community and country club, located north of Ruidoso. There are currently 107 homes for sale in Alto Lakes Golf and Country Club, with prices ranging from $ 219,999 to $ 1,975,000. The average home size measures 2764 sq. ft. while the median size is 2385 sq. ft.

Alto Village - Current Active Listings ( 107 )

( Site built - single family homes only )

To read more about Alto Village and Alto Lakes Golf & Country Club Real Estate, please visit:

The Ruidoso-Blog and Alto Village - Real Estate Market Update