Hillcrest Park Condos Albuquerque (Market Report)
Hillrest Park Condos is a convenient and affordable condominium complex in NE Albuquerque. Located on Montgomery Blvd just east of Carlisle the location provides easy access to major areas of interest. The ABQ ride services the area making commuting a breeze. Visit the Hillcrest Park Neighborhood Community Blog for more information and details about Hillcrest Park Condos.
Hillcrest Park Condos Albuquerque has shown some good sales and listing activity. Here is a look back for 2011 of sales and all current inventory.
Search for all Hillcrest Park Condos Albuquerque for sale.
As of Jan 31st, 2012 there are 7 units currently listed for sale in Hillcrest Park
- Priced from a low of $40,000 to a High $69,900
- Average list price for the 7 units is $58,586.00
- Average size is 1,028 Sq.Ft
- 1,2 & 3 Bedroom units are all available
- Average Days on Market 407. This number is skewed because of one excessively long listing. The better analysis suggest 225 DOM
A total of 9 units have been recorded as sold since Jan 1, 2011 to Dec 31,2011
- Sales prices from a low of $35,000 to a High of $64,500
- Average sales price for the 9 Units $49,317
- Median price $47,450
- Smallest Unit sold 784 Sq.Ft 1 Bdrm, 1 Bth
- Largest Unit sold 1172 Sq. Ft 3 Bdrm, 2 Bth
- Average square footage sold 899 Sq.Ft
- Average Days on Market 114
Sales were off just a bit from 2010 mostly because of inability to gain financing for some buyers. Some regulations put in place by Fannie Mae and Freddie Mac created some issues that the Hillcrest Park Condominium management needed to work through. Many of the sales for 2011 were cash transactions but not all. Speak to your lender about any specifics.
Albuquerque Homes Realty has brokered many sales in the Hillcrest Park Condo complex representing both buyers and sellers. If you have any questions or wish to see any of the available units at Hillcrest Park Condos Albuquerque (Market Report) it would be my pleasure to assist you.
Albuquerque Homes and Lifestyle Blog
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John McCormack Owner/Managing Broker, e-PRO
505-980-4576 / John@AlbuquerqueHomes.com
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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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John,
I really like how you do your marketing reports. They are clear succinct and to the point. All the best, A
John, Hillcrest Park Condos sound like a wonderful and affordable place to purchase a condo. With less than a years worth of inventory too! Great post. --Krystal
John: This is the type of market report that gets the phone to ring...lots of great consumer data!
John, What a great price for a home of your own. Hillcrest Park Condos sound like a great investment.
Hi John, I enjoy your market reports too! It's great that you offer explanation as to why a number may be skewed.
Great market report for the affordable Hillcrest Park Condos John. Happy sales!
If you would like a condo in Alburquerque, ask John McCormack to show you Hillcrest Park Condos Albuquerque And if that isn't exactly what you want, he will find the one that is!
John - Another great local condo complex review and market report. Once again you show buyers and sellers that you are the "Q" area expert with all of the information you provide them. Excellent report!
Hi John, this is a great market report on Hillcrest Park Condos in Albuquerque NM. Those are very affordable prices, I'm sure there's lots of buyers interested in this area!
shoot. We gotta move. I say this all the time I know BUT man can you get a lot of home for the $ in the Q. Wow. There is hope for my pension free later years.
This is a very affordable condo community. You should be attracting young buyers as well as retirees with these low prices if you have available financing.
In Maryland, many of the condo communities no longer qualify for FHA financing and that is a very big problem for buyers that need low down payment financing.