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Albuquerque Real Estate Market Watch–September 2012

September 28, 2012 by The Sugar Team

1617 Cliffside NW View from BalconyMarket Watch!: For August 2012 single-family detached homes Pending sales exceeded 1,000 units for the third consecutive month.  The number of sales rose 13.16% from the same month last year and was the 2nd highest sales month with 731 sales.  The Median Sale Price was $165,000 and the Average Sales Price $201,833.  The Average Days on the Market was just 66.  (Greater Albuquerque Association of Realtors)

The number of Listings is still down, and at this rate we are rapidly approaching a Seller’s Market.  So, if you are thinking of selling your home, the time is now.  Contact The Sugar Team to find out how!

Sincerely,

Linda and Sutter

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Real Estate, Monthly Real Estate Market Watch

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