Corrales Real Estate

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Corrales Real Estate & Corrales Homes for Sale in New Mexico

Corrales Real Estate Information: The Village of Corrales, New Mexico is located in Sandoval County between Albuquerque and Rio Rancho along the Rio Grande River. Corrales is home to approximately 8,000 residents and is the jewel of the metropolitan region where the hustle of metro city life gives way to green pastures and high desert oasis. A variety of attractive Corrales homes for sale dot the landscape, offering sweeping mountain and valley views as dramatic as the homes themselves. Many of the properties are custom built single-family homes, condominiums, and adobe style homes on large lots, providing residents a sense of exclusivity and prestige.

The village is filled with alluring restaurants, specialty shops and art galleries that routinely draw visitors to this beautiful southwest community. Proximity to Albuquerque and Santa Fe affords locals the luxury of experiencing the metropolitan city and its historic and cultural amenities and recreational opportunities. Still, for those living in Corrales, traveling far from home to experience the great outdoors is no more than a few steps away from the front door. Hiking, biking, trail running and water activities are within an easy drive from Corrales. For the more adventurous there’s rock climbing, hot air ballooning, mountain biking, horseback riding and much more in and around the Corrales borders.

Three elementary schools serve Corrales’ young students while Cibola and Rio Rancho High Schools are the primary public high schools. While Corrales continues a controlled growth, an emphasis remains on preserving the peace, tranquility, and history of this community.

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Real Estate Guide: Price Range of Corrales Homes for Sale, Condos, & Land

The Corrales real estate market features a broad range of stylish homes with stunning views of the Sandia Mountains and foothills. Many Corrales properties are custom-built designs using traditional southwestern architecture. Most homes in Corrales are constructed on one-acre lots, and range in size from 2,000 to 5,000 square feet and up. Gated properties and houses with extended driveways abound, offering homeowners the peace that comes with privacy. Corrales houses range in price from $250,000 to $500,000 and more for two and three bedroom homes in quiet neighborhoods. Larger single-family residences range in price from $600,000 to over $1.5 million. Some Corrales homes feature desert-designed landscaping while many others have lush green lawns that wrap around driveways, swimming pools and a variety of other home amenities. Many lots are still available for custom building while a select few historic homes are available for purchase. Find foreclosures in Corrales, short sales, REO, and bank owned real estate in New Mexico by contacting Thomas Chaves today.

Corrales Real Estate Stats and Trends for the week of December 22nd, 2014: homes priced around $461,286 compared to $474,402 the previous week, showing a decrease of less than -3%.  For Monday, December 22nd, the current national mortgage rate for a 30 year fixed mortgage is 4.12%; the 15 year fixed rate is at 3.14%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 3.92%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Corrales NM. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Corrales to help you find the best home!

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