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Albuquerque Real Estate

Albuquerque Real Estate May 2013 Market Watch

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1008-Chuckar-SW-Albuquerque-Real-EstateMARKET WATCH!  In May 2013 single-family detached home sales increased 22.52% from the previous year, and rose 23.87% from the previous month.  The Median Sale Price was $174,900 and The Average Sale Price was $211,505.  Average Days on the Market was down to only 60.  (Greater Albuquerque Association of Realtors)

We at The Sugar Team have a scarcity of listings (we’re selling them all!).  Contact us to schedule a free Comparative Market Analysis as well as share with you our fabulous marketing plan to sell your home rápido!

Linda and Sutter

Albuquerque Real Estate Market Watch–February 2013

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1008 Chuckar DR SW Albuquerque Real EstateMARKET WATCH!  Last month single-family detached home sales increased 16.79% from the previous year, and Pending sales increased 15.91% from the previous year and 34.58% from the previous month.  The Median Sale Price was $158,000, and the Average Sale Price $186,051.  Finally, The Average Days on the Market was only 74, down 14.94% from the same time last year.  (Greater Albuquerque Association of Realtors)

The Sugar Team has some fabulous homes coming on the market.  Give us a call (505) 850-9977 to find out the “skinny”!

Linda and Sutter

Albuquerque Real Estate Market Watch–December 2012

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311 Rosemont NE -- Albuquerque Rental Available Now

MARKET WATCH!  For November 2012 single-family detached home sales increased 12.20% from the previous year, however home inventory was down 6.11%.  And how about this…November 2012 was the highest month for November Pending home sales (homes that went under contract) since 2006!  The Median Sale Price was $165,000 and the Average Sale Price $204,653.  The Average Days on the Market dipped even further to 66.  (Greater Albuquerque Association of Realtors)

We at The Sugar Team have enjoyed an absolute banner year for 2012…thanks to you!  We hope to continue forward (full steam ahead!) in 2013.

Happy Holidays!

Linda and Sutter

Albuquerque Real Estate Market Watch–October 2012

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4529 Banff NE -- New Albuquerque ListingMARKET WATCH!  For September 2012 single-family detached home sales were 653 units, a 26.31% increase from the same month last year.  The Median Sale Price was $172,000–an increase of 4.24% from last month–, and the Average Sales Price $203,016.  The Average Days on the Market remained low at 70.  (Greater Albuquerque Association of Realtors)

Contact The Sugar Team to find out how the Market’s doing in your neighborhood!

Sincerely,

Linda and Sutter

Albuquerque Real Estate Market Watch–September 2012

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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

Albuquerque Real Estate Market Watch–July 2012

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2208 Frederick PL NW Albuquerque Real EstateMARKET WATCH!  For June 2012 single-family detached home pending sales rose 12.61% from the previous year and was the third month in 2012 where sales exceeded 1000 units.  The Median Sale Price was $172,700 and the Average Sales Price $207,679, both up from the same month last year.  And thankfully, the Average Days on the Market came down significantly to 76.  (Greater Albuquerque Association of Realtors)

The Sugar Team has some upcoming listings both in the North Valley and the North East Heights.  Contact Sutter (505) 850-9977 or Linda (505) 301-8902 for a private tour!

Sincerely,

The Sugar Team

Albuquerque Real Estate Market Watch–April 2012

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209 Inverness SE Rio Rancho NM

209 Inverness SE Virtual Tour

MARKET WATCH!  For April 2012 single-family detached homes sales increased 6.53% from the previous year.  Pending home sales passed the 1,000 mark, just the second time in all of 2012.  The Median Sale Price was $174,775, up 5.92% from the same month last year and at the highest level since July 2011.  The Average Sales Price was $211,168.  The Average Days on the Market continues to come down and now is at 83.  (Greater Albuquerque Association of Realtors)

Albuquerque Real Estate Market Watch–March 2012

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MARKET WATCH!  For March 2012 single-family detached homes sales rose 4.56% from the previous year and 17.79% from the previous month.  Pending home sales increased 13.07%

4921 Royene NE

4921 Royene NE Virtual Tour

from the previous year, and the top selling price range was $200,000-$249,999.  The Average Sales Price for single-family detached homes was $189,676 and the Median Sales Price was $159,000.  Finally, the Average Days on the Market was down to 86.  (Greater Albuquerque Association of Realtors)

The Sugar Team has a fabulous mid-century modern listing located at 4921 Royene NE just steps from Altura Park…. but it’s not in the Multiple Listing Service.  Contact Sutter (505) 850-9977 or Linda (505) 301-8902 to arrange a private showing!

Sincerely,

The Sugar Team

Albuquerque Real Estate Market Watch–February 2012

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MARKET WATCH!  For February 2012 single-family detached homes sales rose 23.41% from the previous year and 23.11% from the previous month.  Pending

711 Woodland NW

711 Woodland NW Virtual Tour

home sales increased 32.01% from the previous year.  Active listing inventory fell with this month showing the lowest number of single-family detached homes for sale since June 2006.  The Average Sales Price for single-family detached homes was $195,165 and the Median Sales Price was $161,500.  Finally, the Average Days on the Market was 87.  (Greater Albuquerque Association of Realtors)

Presently, we have approximately 1,000 fewer listings as this same time last year.  So, if you are thinking of putting your home on the market to keep up with continuing demand, now is the best time!

Feel free to contact The Sugar Team to find out how.

Albuquerque Real Estate Market Watch–January 2012

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MARKET WATCH!  For January 2012 single-family detached homes sales in the Greater Albuquerque Area rose 13.22% from the previous year.

8401 Mesa Top NW Albuqueque Real Estate

8401 Mesa Top NW Virtual Tour

Pending home sales increased 20.63% from the previous year, being the highest January month of Pending sales since 2008.  The Average Sales Price for single-family detached homes was $195,000 and the Median Sales Price was $165,000.  Finally, the Average Days on the Market was 87.  (Greater Albuquerque Association of Realtors)

Would you like The Sugar Team to help find you a home?  Contact us directly (505) 850-9977 to put us to work for you or feel free to Search the Albuquerque Multiple Listing Service all on your own!