SALES: The
Greater Albuquerque Association of Realtors released the statistics to us last
week. As I do every month, I want to
highlight the important numbers for you and show you how we are comparing to
the months past and also year to year. Last month
we saw a total of 714 homes and condos sell in the Greater Albuquerque Area. That is an increase from the 658 that sold in
November of last year and as expected, a decrease from what sold in October as
a part of the seasonal slowdown. If
you’ll remember what I mentioned last week though, homes are selling right now
at a rate of around 25 every day. That means serious buyers are out looking and
ready to make a purchase!
PRICE POINTS: Maintaining
our market consistency, we experienced the majority of sales in the
$250,000 and under range with 76% of the total sales in that price point.
21% of sales were in the $250,000 to $500,000 range and 3% of sales
were of upper-end homes on the market, that’s $500,000 and above.
CALL US TODAY FOR A FREE HOME CONSULTATION!
505-238-1000
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