I'm pleased to publish my Corrales Real Estate Report for 2014. Corrales is a peaceful village just to the north and west of Albuquerque along the banks of the Rio Grande. You'll find Corrales luxury homes, horse properties and even a few townhomes located here, all situated in a cooler, greener area of the Albuquerque metro.

View Corrales Homes for Sale.

Corrales Real Estate Sales

Home sales in Corrales have been on the rise over the last three years, increasing 29% from 2012 to 2014. Other positive trends include:

  • Gradually increasing price per square foot
  • Decreasing days on market
  • Declining short sales

Here are the stats for the last three years:

 201220132014
Total Sales 103 113 133
Average Sales Price $420,290 $516,943 $463,881
Average Square Footage 2,673 3,163 2,826
Ave Price Per Square Foot $155 $164 $166
High Sale $1,125,000 $1,550,000 $1,450,000
Low Sale $99,000 $150,000 $175,000
Average Days on Market 104 111 98
REO Sales 13 9 12
Short Sales 17 10 3

These real estate statistics are intended to demonstrate the overall market conditions in Corrales and should not be used to accurately value or price a home. To get an instant estimate of your home use the form below:

What's Your Corrales Home Worth?

 

Why Buy a Home in Corrales?

Here's a short list of great reasons to buy a home in Corrales:

  • Unique rural setting
  • Slower pacce of life
  • Only minutes from downtown Albuquerque
  • Close to shopping and dining

Corrales Horse Properties for Sale

Where is Corrales on the Map?

These Corrales real estate statistics were compiled from the Greater Albuquerque Association of REALTORS®data on 01/09/2015. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.

by Albuquerque Real Estate Agent Rich Cederberg. Please call or text me at (505) 803-5012