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Today, I’d like to take a look back at some statistics from the month of September. Some great things have been happening in our market.
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A lot of great things are continuing to go on in our market. Right now, I’d like to take a look back at some statistics from the month of September.
Our Albuquerque real estate market has been very strong. New listing inventory is down 6% from last year, but the number of pending sales is up 15%.

Our Albuquerque real estate market has been very strong.
There are a lot of buyers in the market right now, even though inventory is continuing to shrink. Year to date, closed sales are up by about 7%.
More homes are selling right now than there were a year ago. Values have also been very positive this year.
Our median sales price has increased about 4%, and our average sales price has increased about 5% to $233,000. This is great news for sellers.
Overall, our total inventory has decreased by 18% year to date. We’re down to 3,521 active listings on the market.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon. Stay classy, Albuquerque.