Albuquerque Real Estate Market Watch–September 2012
Market Watch!: For August 2012 single-family detached homes Pending sales exceeded 1,000 units for the third consecutive month. The number of sales rose 13.16% from the same month last year and was the 2nd highest sales month with 731 sales. The Median Sale Price was $165,000 and the Average Sales Price $201,833. The Average Days on the Market was just 66. (Greater Albuquerque Association of Realtors)
The number of Listings is still down, and at this rate we are rapidly approaching a Seller’s Market. So, if you are thinking of selling your home, the time is now. Contact The Sugar Team to find out how!
Sincerely,
Linda and Sutter
Albuquerque Real Estate Market Watch–August 2012
MARKET WATCH! For July 2012 single-family detached home pending sales rose 29.69% from the previous year, making it the highest Pending month of the year. The number of sales rose 15.04% from the same month last year and was the highest sales month since 2009. The Median Sale Price was up to $175,000 and the Average Sales Price $210,685. The Average Days on the Market was also down to just 65. (Greater Albuquerque Association of Realtors)
Contact The Sugar Team to find out what’s happening in your neighborhood!
1512 Lucyle PL NW–Lush-ious Horse Property in the North Valley
Sitting at the end of a cul-de-sac and cast in the shade of the bosque, this North Valley ranch-style home sits on 1.25 acres of lush horse property. Mature landscaping blankets the land, including everything from cottonwoods to fruit trees…all sipping from the acequia irrigation ditch. Open the front door to a comfortable interior with two wood-burning fireplaces, radiant heat, sun room and private flagstone courtyard framed by South West adobe walls. Don’t forget to visit the detached library and art studio!
1512 Lucyle PL NW Home Features:
- Approximately 3125 Square Feet of Heated Space
- 3 Bedrooms and 2 Bathrooms
- Radiant Heat & 2 wood-burning fireplaces
- 2 Separate outbuildings:2-story heated library/art studio & storage shed
- 1.25 acres of Horse Property
- Acequia irrigation ditch water rights
- 2 wells: house & irrigation (no water bills)
- Mature landscaping includes cottonwood, willow, pine, crab-apple, mulberry trees & rose bushes
- Includes fruit trees: peach, apricot, apple, pear, plum, bing cherry, pecan, walnut, raspberries, pomegranate, fig & grape vines
- Raised garden bed & herb garden
- Aviary and chicken coop
The grounds really are wonderfully lush and green and the neighborhood is just absolutely peaceful. Contact The Sugar Team to get a private tour or click on the virtual tour below for the next best thing:
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Albuquerque Real Estate Market Watch–July 2012
MARKET WATCH! For June 2012 single-family detached home pending sales rose 12.61% from the previous year and was the third month in 2012 where sales exceeded 1000 units. The Median Sale Price was $172,700 and the Average Sales Price $207,679, both up from the same month last year. And thankfully, the Average Days on the Market came down significantly to 76. (Greater Albuquerque Association of Realtors)
The Sugar Team has some upcoming listings both in the North Valley and the North East Heights. Contact Sutter (505) 850-9977 or Linda (505) 301-8902 for a private tour!
Sincerely,
The Sugar Team
Xeriscape: Water-sipping Landscaping of the South West
People believe “Xeriscape” is a form of South West landscaping consisting of a bunch of gravel, rocks and concrete coating their front and 
backyards. Others think that maybe adding a couple of cacti is enough to earn this title. However, neither could be further from the truth (in fact, both of these previous examples are really “zeroscape”). In reality, xeriscape is a form of landscaping incorporated to minimize water use and when carried out correctly, can be relatively colorful and aesthetically pleasing. According to the Albuquerque Bernalillo County Water Utility Authority Website, xeriscaping is ideal because not only does it save water and money, it saves time.
Of course, being located in the dry, high-desert, we almost have an obligation to plant water-sipping plants and water-catchment systems that save every rainfall’s last delicious drop. Natural grasses and cacti indeed would be good options for spots of color and any kind of rain barrel at the receiving end of a rain gutter would be perfect for collecting water. This avoids losing water to evaporation as well as run off.
In the long run xeriscape is a total money-saver. It is designed to require little maintenance
when carried out correctly. (Gone are the times of pushing around a lawnmower to achieve that perfectly coiffed sod only to discover the dreaded crab grass…) And unlike the traditional lawn alternative, xeriscaping runs little risk of being hit with a fine for excessive water consumption.
Here in Albuquerque there are many fantastic sources for designing, maintaining and benefitting from a xeriscape garden. The Albuquerque Water Authority runs an informative Website about xeriscaping. In fact, they even offer a rebate if you adhere to their xeriscaping guidelines. A well-known xeriscape designer Judith Phillips with 30 years of experience is also a great find if you are starting from scratch. And if you would like to check out an Albuquerque home whose front and backyards were both designed by Judith Phillips, don’t miss the virtual tour for 2208 Frederick PL NW (yes, this home is for sale and listed by The Sugar Team!).
Useful Links:
- Xeriscape on Albuquerque Water Authority
- Albuquerque Water Authority Xeriscape Rebate Program
- Judith Phillips Design Oasis
- The Sugar Team Website
- 2208 Frederick PL NW Virtual Tour:
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