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Western Trails Estates NW Albuquerque (Market Report 01/01/12-04/01/12)

Western Trails Estates NW Albuquerque (Market Report 01/01/12-04/01/12)

Western Trails Estates is a small neighborhood on Albuquerque’s West Side built  between 2005-2006 by Richard Fuller of Fuller Homes.  

Location is excellent with easy access for commutes across the River Grand river via Montano to the North or I-40 to the South.  Petroglyph National Monument is nearly within walking distance.

For more information check out the neighborhood profile of Western Trails Estates NW Albuquerque.  

Check here to view all  Western Trails Estates NW Albuquerque home for sale.

The Western Trails Estates NW Albuquerque Market Report from 01/01/12-04/01/12 being the first quarter shows 2 homes active for sale, 1 home in Pending and 2 homes closed.

For the two homes listed for sale. Both homes are shown as “Short Sales”

  • Priced from a low $160,000 to a High $200,000
  • Average & Median price for the two homes at $180,000
  • Both homes are listed @ 1842 Sq.Ft
  • Average Days on Market 79


One home is shown in a Pending “Short Sale” status

  • Priced at $174,000 at the time of offer
  • This is a 1750 sq.ft 3 Bdrm, 2 Bath
  • Total Days on Market 138


Two homes are reported as closed in Western Trails Estates NW Albuquerque since 04/01/12

  • Low $155,000 to a High $160,000
  • Average & Median SOLD price $157,500
  • Smallest home 1484 Sq.Ft  Largest home 1957 Sq.Ft
  • Average Days on Market 20


One of the closed homes sold in just 2 days the other home was a Bank Owned or REO

At least currently Western Trails Estates seems to have its fair share of short sale inventory along with the one bank owned sale.  These home were being sold new at the height of the real estate market and likely provides some background to this trend.  In the prior year of 2011 Western Trails showed 6 total sales with no short sales, 2 REO bank owned sales and 4 normal sales.  Values overall remain steady with a slight overall drop from 2011.


View Western Trails Estates in a larger map

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Comment balloon 15 commentsJohn McCormack • April 10 2012 09:29PM
Western Trails Estates NW Albuquerque (Market Report 01/01/12-04/01…
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Western Trails Estates NW Albuquerque (Market Report 01/01/12-04/01/12) Western Trails Estates is a small neighborhood on Albuquerque’s West Side built between 2005-2006 by Richard Fuller of Fuller Homes. Location is excellent with easy access… more
Western Trails Estates NW Albuquerque NM 87120
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Welcome to Western Trails Estates NW Albuquerque NM 87120 Western Trails Estates is a small neighborhood of homes built by Fuller Homes. Western Trails Estates consists of about 120 home sites ranging from a single story 1484 Sq. Ft home with 3… more