Albuquerque Real Estate
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 […]
Home Prices gain in 2020 as low inventory fuels demand Albuquerque, NM (February 1, 2021) – Despite a pandemic, REALTORS® saw a record year in Single-Family Detached home sales in 2020, with the number of sales increasing 6.1 percent over 2019 numbers. The high demand and low inventory again saw improvements in the Median Sales Price […]
During a special legislative session on November 25, $330 million in CARES Act Coronavirus Relief Fund funding was allocated to address the impact of the COVID-19 crisis in New Mexico. Included in the funding was $15 million for housing cost assistance, which will be administered by MFA. This amount is in addition to the $12.3 […]
The Albuquerque Luxury home market is seeing unprecedented increases in sales. In the past 3 months Pending sales stats are: At the $500,000 and above price range we are are seeing an increase of +65.8% vs 2019. In the $900,000 and above price range, there is an increase +181.3% vs 2019. August Pending sales are […]
Yes, it is summertime and the homes are available! The perfect home doesn’t last long. Albuquerque sellers, now more than ever, are going the extra mile to prepare their homes for sale. What does this mean for you? You have to act fast! There are multiple buyers looking at the homes that are for sale. […]
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