Albuquerque’s average sales price has been steadily increasing over time. In early 2013, Albuquerque’s average sales price was just over $200,000. Now, in 2016, Albuquerque’s average sales price has increased to almost $220,000. While comparing this to some of Albuquerque’s neighboring states this may not feel very strong, in fact we are a ‘slow and […]
Homes in 87111
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Million Dollar Listing ABQ
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Home Prices Up 5.61% Across The Country!
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Vermont was the only one state where home […]
How Supply & Demand Impacts the Real Estate Market
Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply since August 2012! Buyer Demand […]