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Albuquerque Real Estate December 2017 Market Watch

January 18, 2018 by The Sugar Team

5300-Alberta-NE-Rio-Rancho-NM-87144MARKET WATCH!  In December 2017 for single-family detached, homes New Listings decreased 7.3% from last year, the Median Sale Price rose 2.1% to $193,900 and the Average Sales Price increased 3.9% to $230,180.  The Absorption Rate (number of months it would take to sell the current housing inventory) decreased 22.2% to give us a Seller’s market of 2.8 months (6 months is equilibrium).  The Average Days on the Market was 54.  (GAAR)

We at The Sugar Team are super-pumped with our move to Q Realty.  We also have some new listings coming, including one in Antoine Predock’s community masterpiece La Luz!

Now is a great time to list your home.  Call (505) 850-9977 or (505) 301-8902 and ask us why.

Linda and Sutter

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Homes for Sale, Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

Albuquerque Neighborhood Drive-by–Ciudad Vista

January 16, 2018 by The Sugar Team

Ciudad-Vista-Albuquerque-Real-Estate-The-Sugar-TeamA bicyclist adorned in an absurdly tight, aerodynamic and pastel-colored outfit zips down Tramway Boulevard.  An older couple sets out on a trail, meandering towards the Embudo Trail trailhead.  A dog-walker ambles forward with her brown Labrador, stopping to sniff every last bush, tree and shiny object on the ground.  The Bus #11 Lomas travels down Turner Drive with its one passenger, preparing to make its end-of-the-line U-turn and head West again on Lomas Boulevard.  Is this the scene of a Norman Rockwell painting, set in 2018?  No, this is just a description of Albuquerque’s residential foothill neighborhood Ciudad Vista on a typical Friday Afternoon.

Despite its peaceful, suburban vibe, one of Ciudad Vista’s major draw is its conveniently accessible location.  Greater Ciudad Vista is situated East of Tramway, West of the Sandia Mountains, South of Lomas and North of Copper, and it consists of the micro neighborhoods Grenada Hills, City View Estates and Eastrange-Piedra Vista.  The ‘hood is a mere three minutes (maybe four?) from the entrance to Interstate 40, and the #11 bus travels the length of Albuquerque, making its U-turn on Turner, the central spine of Ciudad Vista.

Ciudad-Vista-Albuquerque-Real-Estate

Albuquerque-Real-Estate-Ciudad-Vista-The-Sugar-TeamBut perhaps the key to Ciudad Vista’s draw is in the name itself.  In Spanish “ciudad vista” means “city view,” which is only part of the story.  In addition to beautiful views of the twinkling city lights from many of Ciudad Vista’s homes, the area also attracts residents because of its mountain views, hiking paths and overall walkability.

What sets Ciudad Vista apart from other Albuquerque foothill communities is the fact that it maintains its top-shelf amenities while keeping real estate relatively affordable.  For example, in 2017 the Median Sales Price was $219,000; the Average Sales Price was $235,460; the Average Price per Square Foot was 119.65 and the Average Number of Days on the Market was 41.

You will find it to be an absolute delight driving through Ciudad Vista, because the lion’s share of Ciudad-Vista-Albuquerque-Real-Estate-The-Sugar-Teamhomes has a Southwest flair without being cookie-cutter.  Most of the homes are single-story, and the architectural repertoire consists of Pueblo Style, Territorial Style, Northern New Mexico and then Brick Ranch.

For these reasons Sutter of The Sugar Team decided to buy his own home in this wonderful neighborhood.

If you would like to buy or sell a home in Ciudad Vista, and work with a Realtor® who lives, works, and knows the area give him a call (505) 850-9977!

Filed Under: Albuquerque, Albuquerque Neighborhoods, Albuquerque Real Estate, City View Estates, Ciudad Vista, Eastrange-Piedra Vista, Sugar Team Tagged With: Albuquerque Neighborhoods, Albuquerque Real Estate, City View Estates, Ciudad Vista, Eastrange-Piedra Vista, Sugar Team

5300 Alberta Avenue NE, Rio Rancho, NM 87144: American style farmhouse with Majestic Views

January 5, 2018 by The Sugar Team

5300-Alberta-NE-Rio-Rancho-NM-87144When you see and wander through this home a smile will appear as you remember past holidays and the smell of grandma’s apple pie baking. This American style farmhouse resembles the one where you grew up. Whether you grew up in Vermont, Kansas or upstate New York, this is grandma’s house. And this is not Grandma’s house. Grandma should be so lucky! This 3-4 bedroom, 3 bath house maintains its emotional warmth and is updated with just about everything: septic, water heater, refrigerated air, concrete drive to street, outdoor shower, sidewalk/steps from porch to curb, block wall along front, 120 sq ft cabin with windows, Andersen windows & French doors, washer/dryer & fridge. This partial list only begins to describe the features of this home. Views? The spectacular Sandias!

Alberta’s Amazing Features:5300-Alberta-NE-Rio-Rancho-NM-87144-Master-Bath-Albuquerque-Real-Estate

  • Approximately 2,205 square on 1/2 acre of land
  • 3 Bedrooms and 3 Bathrooms
  • Updated septic, water heater and refrigerated air
  • Separate 120 square foot cabin on site
  • Seller can do a Real Estate Contract
  • Majestic Sandia mountain views!

Call The Sugar Team (505) 301-8902 for a private showing, come by one of our many open houses or check out the virtual tour:

Filed Under: Albuquerque Real Estate, Rio Rancho Homes for Sale, Sugar Team Tagged With: 5300 Alberta NE, Albuquerque Real Estate, Rio Rancho Homes for sale

Albuquerque International Balloon Fiesta Mass Ascension

October 7, 2017 by The Sugar Team

Albuquerque-Balloon-Fiesta-Sugar-Team-Real-Estate

Filed Under: Albuquerque Balloon Fiesta, Albuquerque Tourism, Sugar Team, Sutter Sugar Tagged With: Albuquerque Balloon Fiesta, Mass Ascension, Sugar Team

3308 Ocotillo Court NE, Albuquerque, NM 87111: Gorgeous 4-Bedroom Glenwood Hills brick home with majestic mountain views

July 17, 2017 by The Sugar Team

3308-Ocatillo-CT-NE-Albuquerque-NM-87111Perched up on the hill peering down into an intimate Glenwood Hills cul-de-sac, this lovely 4-bedroom brick home will absolutely delight you the moment you walk in the generous entryway. Freshly painted throughout, the bathrooms & kitchen have all been updated, the kitchen with brand new countertops & the spacious family room with carpeting. And oh, what a family room! Windows flood the room with natural light & a handsome stone fireplace & wet bar assert that this is THE PLACE to entertain! You still have a formal dining room and second living area to choose from. Pass through the sliding doors in the kitchen to experience the crowning jewel: Majestic mountain views right in your own backyard! Backing up to hiking and biking trails, you will appreciate that you chose the right home.

Ocatillo’s Optimal Features:3308-Ocatillo-CT-NE-Albuquerque-NM-87111-Kitchen

  • Approximately 2418 square feet
  • 4 Bedrooms & 2.75 Bathrooms & 2-Car Garage
  • On almost 1/4 acre
  • Located on a cul-de-sac in Glenwood Hills
  • Freshly painted & updated kitchen and bathrooms
  • Family room with brand new carpet
  • MAJESTIC mountain views of the Sandias right out your backyard3308-Ocatillo-CT-NE-Albuquerque-NM-87111-Backyard-Mountain-Views

You will love this home when you see it in person.  Call The Sugar Team (505) 850-9977 to arrange a private showing and check out the Virtual Tour to just get a taste:

Play VisualTour

Filed Under: Albuquerque Homes For Sale, Albuquerque Neighborhoods, Albuquerque Real Estate, Glenwood Hills, Mountain View, Sugar Team Tagged With: 3308 Ocatillo CT NE, Albuquerque Homes for Sale, Albuquerque Real Estate, Sugar Team

1916 Apache Court NE, Albuquerque, NM 87106: Arthur Dekker’s Masterpiece in Netherwood Park

May 3, 2017 by The Sugar Team

1916-Apache-CT-NE-Netherwood-ParkLocated in Netherwood Park in UNM North this custom Arthur Dekker home exudes clean, modern lines and maximum comfort. The front door reveals brick floors that have been laid throughout in a stylistic, herring bone pattern. He was a huge proponent of the open concept & this home does not disappoint. The sleek kitchen with stainless steel appliances and ultra-long granite countertop serves as the social fulcrum with the living room and formal dining room. Rectangular forms were his favorite design concept, echoed in the beamed ceiling, clerestory windows and skylights, letting in abundant natural light. Function also abounds in the home with a newer roof, cooler and updated bathrooms, a heated 4-car tandem garage & lots of storage. It’s no surprise that Arthur Dekker lived in his own masterpiece!

Apache Court Features to Maximize Comfort:1916-Apache-CT-NE-Kitchen

  • Approximately 1904 Square Feet
  • 3 Bedrooms and 2 Full Bathrooms
  • 4-Car Tandem Garage (heated!)
  • Newer Roof
  • Remodeled Kitchen with Granite Countertops
  • Remodeled Bathrooms

Contact The Sugar Team (505) 850-9977 for a private showing and check out the virtual tour of this FAB home:

Play VisualTour

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Arthur Dekker, Netherwood Park, Nob Hill, UNM Tagged With: 1916 Apache CT NE, Albuquerque Homes for Sale, Albuquerque Real Estate, Arthur Dekker, Netherwood Park

13104 Enchantment Lane NE, Albuquerque, NM 87111: Enchanted in High Desert

April 14, 2017 by The Sugar Team

13104-Enchantment-LN-NE-Private-BalconyThis gorgeous Scott Patrick home in The Enclave of High Desert enjoys a premium location on an end corner unit on a quiet cul-de-sac. Walk down the illuminated path to the solid-wood front door. As you open it you will discover a beautiful, open living area with 2-stories of soaring ceilings & walls of windows peering out at the majestic Sandia mountains. The kitchen showcases newer stainless steel appliances & the downstairs 3rd bedroom/study, newer hardwood. Go upstairs to delight in 2 master suites with the primary master bathroom completely remodeled by a designer with jetted tub, separate shower & tiled walk-in-closet. This master covets a private balcony & incredible 180-degree views of the mountains. All this & only a stone’s throw from parks and trails for hiking and biking!

13104 Enchantment LN NE Enchanted Features:
Newer Stainless Appliances

  • Approximately 1800 Square Feet
  • 3 Bedrooms / 3 Bathrooms
  • Scott Patrick built
  • Gated Community: The Enclave at High Desert
  • Beautifully remodeled upstairs master bathroom with jetted tub, separate shower, double sinks & walk-in-closet
  • Master Suite with private balcony & 180-degree views of the Majestic Sandia Mountains
  • Excellent Foothills location, close to parks, hiking & biking trails13104-Enchantment-LN-NE-Remodeled-Bathroom

Call The Sugar Team (505) 850-9977 for a private showing & check out visual tour to get a taste of enchantment:

Play VisualTour

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, High Desert, Sugar Team Tagged With: 13104 Enchantment LN NE, Albuquerque Homes for Sale, Albuquerque Real Estate, High Desert, Sugar Team

Albuquerque Real Estate February 2017 Market Watch

March 29, 2017 by The Sugar Team

711-Tramway-PL-NE-35-Albuquerque-NMMARKET WATCH!  In February 2017 the Median Sale Price for single-family, detached homes rose 6.6% from last year to $186,500 and the Average Sales Price increased 6.8% to $223,104. The number of new listings dropped a whopping 10.7% from this time last year and the overall inventory decreased 22.6% to a measly 2,849 listings.  The Absorption Rate (number of months it would take to sell the current housing inventory) decreased 28.6% to give us a Seller’s market of 3 months (6 months is equilibrium).  The Average Days on the Market was 66.  (GAAR)

Shortly, The Sugar Team will be bringing you two new homes on the market, one in UNM Area-Netherwood Park, and the other nestled in the Foothills in High Desert.  Stay tuned!  We are very excited!

Linda and Sutter

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Homes for Sale, Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

The Pit, Albuquerque’s Premium Venue for the Lobos of University of New Mexico

March 20, 2017 by The Sugar Team

The-Pit-Albuquerque-University-of-New-Mexico-The-Sugar-TeamPlease enjoy this presentation of The Pit, Albuquerque’s premium venue for the Lobos of University of New Mexico!

Filed Under: Albuquerque Community, Albuquerque Culture, Albuquerque Tourism, Sugar Team, Sutter Sugar, The Pit, UNM Tagged With: Albuquerque Community, Albuquerque Tourism, Sugar Team, Sutter Sugar, The Pit

Albuquerque Real Estate January 2017 Market Watch

February 24, 2017 by The Sugar Team

711-Tramway-PL-NE-35-Sandia-Heights-Albuquerque-Real-EstateMARKET WATCH!  In January 2017 the Median Sale Price for single-family, detached homes increased 7.2% from last year to $185,000 and the Average Sales Price rose 3.1% to $218,488. The Absorption Rate (number of months it would take to sell the current housing inventory) decreased 24.4%, continuing to show us a Seller’s market of 3.1 months (6 months is equilibrium).  The Average Days on the Market was only 62.  The overall inventory of detached homes for sale continues to drop, coming down 20.3%. (GAAR)

Exciting upcoming events include Century 21 Unica’s annual Barking Lot Sale where all proceeds go to Animal Humane New Mexico (March 4th starting at 8AM).  Come on by to donate items which we can sell to help Animal Human or sell your own wares (and rent a table from us!).

The Sugar Team

Filed Under: Albuquerque Community, Albuquerque Homes For Sale, Albuquerque Real Estate, Century 21 Unica, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Homes for Sale, Albuquerque Real Estate, Barking Lot Sale, Monthly Real Estate Market Watch, Sugar Team

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