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You are here: Home / Blog / Featured Blog Posts / Q Realty Albuquerque Real Estate Market Stats for July 2013

Q Realty Albuquerque Real Estate Market Stats for July 2013

September 5, 2013 John Kynor Leave a Comment

Welcome to Q Realty’s July 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 local market.

In July, the number of Active listings in Albuquerque was down 2% from 2012 and down 5% from June of 2013. This smaller inventory means that Albuquerque Buyers who waited to buy had a smaller selection of homes to choose from. The median listing price for July was $210,000 compared to $191,000 in 2012. Compared to 2012, the average Days on Market (DOM) to sell a home was down 3% to 58 Days on Market, which may signal a positive trend in the local inventory turnover rate. The number of homes sold in Albuquerque increased 17% year over year, but decreased 10% month over month – Higher year over year figures indicated that more Albuquerque buyers are finding what they’re looking for.

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Filed Under: Featured Blog Posts, Market Updates, Video Library

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
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