Market Update – Alto Lakes Golf & Country Club

by Mary Weaver on March 14, 2009

in Alto New Mexico Property,Ruidoso Market Trends

In looking at the current market for homes and town homes for sale in Alto Lakes Golf & CC,  I thought it would be interesting to compare the current stats to those reported in Aug, 2008 in Buyers Market in Alto – Aug. 2008 .

UPDATE: Feb 2010:  Search for Homes – Alto Lakes Golf & County Club click here

View recent articles – Alto Lakes Golf & Country Club – Real Estate

The number of site built homes,  with a full golf membership,  currently listed is 110, as compared to 82 in Aug. 2008.  The current median listing price for this group is $366,000 as compared to $407,250 back in August. The median price per sq. foot has dropped to a current price of $169 down from the previous number of $180 / sq. ft. The median listed home size is 1600 sq. ft. as compared to 2256 sq. ft. in August.

There are 26 homes currently listed in Alto with a social membership. The median listing price is  $356,000 with a median sq. ft. price of $167.  These numbers are down slightly from August, 2008 when the median price was $359,000 and price per sq. ft was $169, for the 23 properties that were listed then.

There are currently 8 town homes and condos  listed in Alto. Median price is $288,750 as compared to $399,000 in August. All but one of these properties have a Full Golf Membership.

If you would like to receive a list of all properties for sale in Alto Lakes Golf & Country Club, please contact me,  or email  mary@ruidoso-homes.com or call or text me at 575-937-5229.


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