February Market Update

March 7, 2014 John Kynor Leave a Comment

Welcome to Q Realty’s February Albuquerque Real Estate Market Update. Q Realty, Inc. thought you’d find this information helpful and is ready to answer any questions you may have about the Albuquerque, New Mexico real estate market.

In February, the number of Active listings in Albuquerque was down 25% from 2013 and down 4% from January of 2014. This means that Albuquerque homebuyers had fewer homes to choose from than they did one year ago and the nice homes were selling fast. The median listing price for Albuquerque homes in February was $202,000 compared to $184,000 in 2013. Compared to 2013, the average Days on Market (DOM) to sell an Albuquerque home was up 6% to 76 Days on Market. The median sales price for Albuquerque Homes was $172,000, compared to $174,000 in January of 2014 and $174,000 in February 2013. The number of homes sold in Albuquerque decreased 7% year over year and decreased 5% from January 2014.

We hope you found this video helpful for making smart Albuquerque Real Estate decisions. If you have any questions or if Q Realty can be of any assistance to you or anyone you know, please don’t hesitate to reach us at info@theQrealty.com

About John Kynor

John Kynor is the Founder, CEO & Qualifying Broker of Q Realty®. John has enjoyed over 15 years in Albuquerque real estate and is a multi-million dollar producer. He founded Q Realty® in 2012, which quickly became one of the top real estate companies in Albuquerque ("The Q"). Contact John at John@Qrealty.com with any questions.

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Q Realty® is an Albuquerque real estate company and is locally owned and operated. Q Realty® or "The Q" was founded on the principals of outstanding customer service and we have earned the reputation of being the most “customer-centric,” honest, ethical and professional real estate company in Albuquerque. We treat our customers how we like to be treated.

Real estate used to be considered a sales industry and many companies still treat it as such, but not Q Realty®. Consumers do not like the feeling of being “sold” and neither do we. Instead we “serve” and “help” our customers with their real estate needs. As a result of our dedication to first class customer service Q Realty® earned a spot on Albuquerque Business First's list of the top 25 Real Estate Brokerages in New Mexico, as measured by the number of homes sold and the total value of homes sold by each brokerage

Q Realty® is comprised of only the most experienced and talented Real Estate Professionals who have reputations for delivering exceptional customer service. We specialize solely in the Greater Albuquerque Area, which includes Rio Rancho, Corrales, Placitas, The Village of Los Ranchos de Albuquerque, Bernalillo, Belen, Los Lunas, Bosque Farms, Tijeras, Zuzax, Edgewood, and the rest of the East Mountains.

We are Q Realty® and we specialize in “The Q”. If you are buying or selling a home in the Albuquerque area, please give us an opportunity to earn your business and contact us today.

info@theqrealty.com
505-750-0059

4333 Pan American Frwy NE Suite E Albuquerque, NM 87107