Alto, NM Real Estate News

By Mary Weaver, Expertise & Knowledge in Ruidoso-Alto Real Estate
(Weaver Real Estate)
Outlaw Golf Estates, formerly known as Outlaw at Lincoln Hills, now offers dual membership with Alto Lakes Golf & Country Club - a great golfing opportunity for property owners who play at both courses. See Outlaw / Alto article at Ruidoso Homes Real Estate The new master planned Outlaw development consists of 186 home sites, designed within the 700 acre subdivision located just east of Alto Lakes. Alto Lakes members, who may have previously found summer tee times hard to come by, will now have access to the Oulaw Golf Estates course - just a few minutes away.  Outlaw owners will have access to Alto Lakes Golf facilities including the 18 hole course, dining, tennis, fitness room and outdoor pool. Lots in the Outlaw offer views of the nearby Sacremento Mountains including Sierra Blanca P...
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By Mary Weaver, Expertise & Knowledge in Ruidoso-Alto Real Estate
(Weaver Real Estate)
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 . 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 numb...
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By Mary Weaver, Expertise & Knowledge in Ruidoso-Alto Real Estate
(Weaver Real Estate)
The Ranches of Sonterra is one of the primary subdivisions, in the Ruidoso area for those who are looking for a nice home on acreage. The minimum lot size in this subdivision is 5 acres and horses are allowed. The terrain is rolling hills, great views and a beautiful river valley. For more background information on Ranches of Sonterra, see updates at the Ruidoso Blog. Twenty three homes are currently listed, and many of these have had price reductions of 10% to 20% over the last several months. Current listings range in price from $225,000 to $979,000. The average list price is $608,419, and the median is $585,000. The average price per square foot is $195 and the median is $203. The median days on the market for these listings 169 days. Given these factors, and the current real estate ...
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By Mary Weaver, Expertise & Knowledge in Ruidoso-Alto Real Estate
(Weaver Real Estate)
Looking at the current listings for Alto Lakes Golf & Country Club, there is still ample inventory of available site built homes, and lots for sale. There are currently 82 homes, (with Full Golf Membership ) for sale in Alto Lakes Golf and Country Club, with prices ranging from a low of $219,999 to a high of $1,695,000 and the median price is $407,250. The median home size is 2256 sq. ft. The median sq. ft price is $180.50. Alto Social Membership homes - show 23 current listings, ranging from $225,000 to 785,000 and a median of $359,000. Median home size is 2119 sq. ft. Median sq. ft price is $169.40. Town homes and Condos in Alto - currently there are 9 properties listed, from a low price of $219,000 to a high price of $589,500 and a median price of $399,900. All but one of these prope...
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By Mary Weaver, Expertise & Knowledge in Ruidoso-Alto Real Estate
(Weaver Real Estate)
Alto Village is a private residential community and country club, located north of Ruidoso. There are currently 107 homes for sale in Alto Lakes Golf and Country Club, with prices ranging from $ 219,999 to $ 1,975,000. The average home size measures 2764 sq. ft. while the median size is 2385 sq. ft. Alto Village - Current Active Listings ( 107 ) ( Site built - single family homes only )  To read more about Alto Village and Alto Lakes Golf & Country Club Real Estate, please visit: The Ruidoso-Blog and Alto Village - Real Estate Market Update
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