Seven Bar Ranch homes offer convenience to shopping and schools and a beautiful view of Albuquerque. Located in Northwest Albuquerque, I consider Seven Bar Ranch to be one of the best neighborhoods west of the river.
Broken into 16 smaller neighborhoods, Seven Bar Ranch homes allow you to live close to the amenities that are important to residents but still feel like you're tucked away in comfortable suburban neighborhood. Beautiful views of the city and the Sandia Mountains also add to the draw of this community.
Seven Bar Ranch homes have access to two neighborhood parks and just a short drive into Rio Rancho, residents can enjoy Haynes park, pool and community center.
97 homes sold in Seven Bar Ranch last year, ranging in price from $107,000 to $379,000. The average sales price was $205,000 and the average home sale took only 49 days to sell. That's fast! The average home sold for 97% of the final list price, so if you find a home you like in the neighborhood, you'll probably want to offer close to list price - if your Realtor tells you the house is priced appropriately for condition, that is.
There were 8 bank-owned home sales and 5 short sales, which means only 13% of the home sales were distressed properties. I expect that number to continue to decline in 2016 to somewhere below 10%.
Currently there are only 20 homes for sale in Seven Bar Ranch, so in ventory is low in the area. It's a seller's market now and I expect that to continue through 2016.
Use the big blue button above to see all the current homes for sale, but for a sample of the newest MLS listings just scroll down.