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| Rio Rancho North |
 | Rio Rancho North is, indeed, on the northern edge of the city, abutting Bernalillo. This area has seen enormaous growth is the past few years, with a large number of brand new subdivisons being built, with homes available in all price ranges from under $100,000 to over $500,000. This is an area of dynamic growth, with easy freewayy access off US Hwy 550 (Old Hwy. 44). |
| Compare sales data in this area over the past 3 years: |
| Single Family Detached Sales |
| 2007 Sales | 2008 Sales | 2009 Sales |
| High: | $604,961 | High: | $540,000 | High: | $862,000 |
| Low: | $118,900 | Low: | $114,995 | Low: | $95,000 |
| Average: | $241,474 | Avg: | $212,054 | Avg: | $215,743 |
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| In 2007, 249 single family homes sold in this area. | Average time on the market was 51 days. |
| In 2008, 157 single family homes sold in this area. | Average time on the market was 119 days. |
| In 2009, 176 single family homes sold in this area. | Average time on the market was 133 days. |
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| Data above is based on yearly sales data results in the given area from the Greater Albuquerque Association of Realtors® for single family, site-built homes. |
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