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Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12

Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12

Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12

Rancho Encantado Subdivision in Albuquerque is a pocket subdivision conveniently located on Albuquerque’s west side.  The homes in Rancho Encantado Albuquerque are approximately 7-8 years. There is a small gated section of the community specifically for Rancho Encantado Condominiums. For this Market Report the condos are not inclusive. One of the nearby attractions for Rancho Encantado Albuquerque is the Petroglyph National Monument offering excellent trails and nature excursions.

You can view all available Rancho Encantado homes for sale in Albuquerque NM 87120
Where is the Rancho Encantado Subdivision anyway?
Find more community information here at Rancho Encantado Real Estate Blog



As of Feb 1, 2011 there is 1 Home for sale in Rancho Encantado



Two homes are currently Pending final sale in Rancho Encantado

  • Asking price at time of contract.  Low $210,000 to High $242,000
  • Average price at time of contract $226,000
  • Average size @ 2632 Sq. Ft
  • Average days on market 335



A total of 7 homes were recorded as sold from Jan 1, 2011 to Dec 31,2011

  • Low $191,000 to a High $290,000   
  • Average Sold Price for the 7 homes $218,250
  • Median Price of the 7 Sold $196,000
  • Smallest home 1,726 Sq.ft
  • Largest home 2,700 Sq.ft
  • Average size of sold homes 2,309 Sq. ft
  • Average days on market 137



One of the pending homes in Rancho Encantado is a Short Sale which has skewed the days on market unfavorably.  One of the sales was a bank owned property which may of had a slight negative affect pulling the over all values down just a bit.  The neighborhood of Rancho Encantado is well kept and a Homeowners Association is in force to maintain the adherence to covenants.  The large Rancho Encantado Park is well groomed and common areas clean.

This Rancho Encantado Albuquerque NM 87120 (Market Report) 02/01/12 is for general information only and does NOT replace a comprehensive market analysis.  Each home and it amenities can range dramatically.  You should always consult with a professional Realtor® or appraiser to determine your specific values.  If you are considering the sale or purchase of a Rancho Encantado home I would love the opportunity to earn your business and exceed your expectations. Albuquerque Homes Realty John McCormack, Realtor®

Please watch for future Rancho Encantado market reports and community blogs.

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If your considering Buying, Selling or Relocating  to Albuquerque or Rio Rancho, NM and need a Professional Realtor It would be my pleasure to help you!

Be sure to visit my AlbuquerqueHomes.com website for total access to all available homes in the following New Mexico communities:  Albuquerque, Rio Rancho, Los Ranchos, Placitas, Bernalillo, Tijeras, Sandia Park, Cedar Crest, Bosque Farms, Los Lunas & Belen.

 

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Comment balloon 26 commentsJohn McCormack, CRS • February 03 2012 12:03AM
Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12
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Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12 Rancho Encantado Subdivision in Albuquerque is a pocket subdivision conveniently located on Albuquerque’s west side. The homes in Rancho Encantado Albuquerque are approximately 7-8… more
Welcome to Rancho Encantado Subdivision NW Albuquerque NM
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Welcome to Rancho Encantado Subdivision NW Albuquerque NM Rancho Encantado is a neighborhood developed and built by DR Horton homes in 2004-5. The majority of the neighborhood is detached single family homes ranging in size from 1500 sq. ft… more