In Albuquerque, we have noticed that the trend seems to be up, for example the last market report from the Greater Albuquerque Association of Realtors shows the listing inventory is UP 7% and days on the markets are also DOWN 15%. Closed sales are UP 16%. The median sales price is $199,450 which is UP 6% from the previous year. Q Realty would really like to show you the benefits of selling your home or buying your first home or an upgrade/downgrade. By the KCM Blog We recently shared that over … [Read more...]
March 2015 Market Update
Welcome to Q Realty's March 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 March, the number of Active listings was down 17% from March 2014 and down 4% from February. 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 … [Read more...]
February 2015 Market Update
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 was down 14% from February 2014 and down 7% from January. 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 … [Read more...]
January 2015 Market Update
Welcome to Q Realty's January 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 January, the number of Active listings was down 11% from January 2014 and down 7% from December. 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 … [Read more...]
December 2014 Market Update
Welcome to Q Realty's December 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 December, the number of Active listings was down 9% from December 2013 and down 16% from November. 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 … [Read more...]
April 2014 Market Update
In April, the number of Active listings in Albuquerque was down 18% from 2013 and up 4% from March 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 April was $215,000 compared to $190,000 in 2013. Compared to 2013, the average Days on Market (DOM) to sell an Albuquerque home was up 5% to 67 Days on Market. The median sales price for Albuquerque Homes was $180,000, compared … [Read more...]
March 2014 Market Update
Welcome to Q Realty's March 2014 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 March, the number of Active listings in Albuquerque was down 21% from 2013 and up 2% from February 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 … [Read more...]
3 Reasons the Housing Market Should Thrive in 2014
by The KCM Crew Recently, HousingWire asked David Berson, chief economist at Nationwide, for his opinion on the near-term future of housing. Below are what Mr. Berson believes to be the three things you need to know about housing in 2014. We have included a quote from the article and a small comment from KCM for all three points. Number 1: 2014 should prove to be the strongest year for housing activity since before the Great Recession “Most economists expect an improved job market in 2014, with employment … [Read more...]
December Market Update
Welcome to Q Realty's December 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 November, the number of Active listings in Albuquerque was down 26% from 2012 and down 15% from November of 2013. 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 … [Read more...]