GAAR.com » Market Statistics » Area Spotlight - MLS Area 40 - UNM
Area Spotlight - MLS Area 40 - UNM
Area 40 is located in the center of Albuquerque. The Area boundaries are defined as east of Interstate 25, South of Interstate 40, West of San Mateo Blvd. and North of Central Ave.
The City of Albuquerque reports that there are 13 Neighborhood Associations here. The UNM Area is part of the Albuquerque Public Schools District. Within this public school district there are 3 elementary schools (Monte Vista, Montezuma and Zia), 1 middle school (Jefferson) and access to 2 high schools, (Albuquerque and Highlands).
A variety of community resources and business serve this area. There are 8 developed city parks. Access to Interstates 25 and 40, the University of New Mexico, UNM North Golf Course, Carrie Tingley Hospital and UNM Hospital are only minutes away by car or bus.
Housing Statistics
* Sales entered only as comps for 2005 do not give an accurate count of the true DOM.
Previous 10 Home Sales Reports
- 2010 2nd Quarter Sales Report
- June 2010 Market Report
- May 2010 Market Report
- April 2010 Market Report
- 2010 1st Quarter Sales Report
- March 2010 Market Report
- February 2010 Market Report
- January 2010 Market Report
- 2009 Year End Home Sales Report
- 2009 4th Quarter Sales Report
- View the Home Sales Report archive
Previous 10 Area Spotlight Reports
- Area Spotlight - MLS Area 10 – Sandia Heights
- Neighborhood Spotlight - Pat Hurley
- Area Spotlight - Rio Rancho Areas 140-162
- Area Spotlight - Area 50 - Northeast Heights
- Neighborhood Spotlight - Barelas
- Area Spotlight - East Mountain Areas 210-293
- Neighborhood Spotlight - Nob Hill
- Area Spotlight - MLS Area 42 - UNM South
- Area Spotlight - MLS Area 103 – West River Valley
- Area Spotlight - MLS Area 30 – Far Northeast Heights
- View the Area Spotlight archive
Previous 10 Data Articles
- MLS Areas showing increases in sale price
- Absorption Rates by Area (July 2010)
- Home Sale Prices from 2005-2010
- Absorption Rates by Area (Feb. 2010)
- January 2010 Market Conditions
- How Old is That Home?
- What’s for sale in the Greater Albuquerque Market? (for May 2010).
- Square Footage of Single-Family Homes.
- Pending Home Sales
- Single-Family Home Sales from 2005-2009: Top Selling Price Ranges
- View the Data Articles archive
Comments (4)
The charm of this area captures the heart of those who reside in it, just talk to any current owner of a home in this area and you will feel their excitement of being in an area where most all you need is within walking distance or a short drive. Those who find this an attractive part of town want nothing else! Ask your local REALTOR expert to show you around this area, and to let you experience what it has to offer!
on Jan 26, 2009 at 3:59 pm
This area next to downtown Albuquerque has also seen a great deal of revitalization. In the winter, the locals love to participate in the "Nob Hill Stroll". This particular part of town has many boutiques and many locally owned businesses. During the "Nob Hill Stroll" locals visit the boutiques and businesses, enjoy dessert and hot cider while preparing for Christmas.
Below is a link to this exciting part of Albuquerque:
http://rt66central.com/
on Jan 22, 2009 at 8:21 am
To anyone looking for charming, well established, highly regarded neighborhood, this is it. This area is known for location along the historic Route 66 and for its proximity to the University of New Mexico. This area is home to one of the only walking neighborhoods in Albuquerque, Nob Hill. There is no other neighborhood in Albuquerque where one can live, work, and play all within walking distance and due to its close proximity to Central Blvd. it’s very easy to get to other parts of town on The Rapid Ride. This area, with its many restaurants, bars, and retailers, has an active night life and social atmosphere.
This area attracts buyers looking for chicly updated homes, but also those looking for orignal homes upon which they can make their own improvements and capitalize on a little sweat equity.
Anybody would be fortunate to call the UNM Area home.
on Jan 14, 2009 at 5:09 pm
Testimony to the demand for homes in the UNM area is that in eight years, the average price of a single family home has almost doubled. Apart from the charm of its proximity to academia, the area obviously has other features of significant appeal to home buyers.
on Jan 14, 2009 at 3:34 pm
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