Albuquerque Real Estate
“February was a stable month for New Mexico real estate,” says Damon Maddox, NMAR President. “We know inflation is having an impact on everything, including mortgage rates, and with the lack of inventory we weren’t surprised to see February sales of 1,611 down compared to 1,867 a year ago.” Mortgage rates continued to rise in […]
Albuquerque, NM (July 21, 2021) – Home sales activity for detached homes in the Greater Albuquerque housing market in the second quarter 2021 had 3,559 sales representing a 17.42 percent increase when compared to 2nd quarter 2020. The Median Sale Price for detached homes increased to $290,500, a 23.1 percent increase from 2020. The Average Sale Price […]
2,315 March sales have been reported to the New Mexico Association of REALTORS (NMAR). “This number brings the 2021 year-to-date sales numbers to 5,714, nearly 400 sales more than year-to-date numbers reported in 2020,” according to Danny Wm. Vigil, NMAR President. “A lack of homes on the market contributes to both a mere 56 days-on-market […]
Even though May isn’t the official start of summer, we’re getting ready for it with an issue full of ideas to help you make the most of this season—including easy ways to have a vacation right at home, tips to help you prepare your home and your car, a double dose of delicious side dishes, […]
Greater Albuquerque Association of REALTORS – February Market Report
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