Home Sales Increase Albuquerque In November 2014
The number of homes pended in the Albuquerque housing increased by 3.89% to 401 in November 2014 compared to 386 in November 2013. Pended homes is defined as the buyer and seller have agreed to terms on the sale of the home. However, the transaction is not complete and is an indicator to future home sales in Albuquerque.
The number of homes sold in the Albuquerque housing increased by 3.33% to 435 in November 2014 compared to 421 in November 2013.
The median sales price of Albuquerque homes increased by 2.34% to $175,000 in November 2014 compared to $171,000 in November 2013.
The average sales price of Albuquerque homes increased by 3.98% to $219,940 in November 2014 compared to $211,527 in November 2013.
The number of new listings of Albuquerque homes for sale decreased by 6.41% to 642 in November 2014 compared to 686 in November 2013.
The total inventory of homes for sale in Albuquerque increased by 2.33% to 2,503 in November 2014 compared to 2,446 in November 2013.
The number of days on market to sell a home in Albuquerque decreased by 9.09% to 60 in November 2014 compared to 66 in November 2013.
All data is provided by the Greater Association of Albuquerque Realtors December 2014 market statistics.
Myers & Myers Real Estate is a full service residential brokerage helping sellers and buyers of homes for sale in Los Lunas, Rio Rancho, Albuquerque, Corrales, Bosque Farms, and Valencia County
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If you considering selling your Albuquerque home, we utilize the latest, cutting-edge, real estate marketing tools to expose your property to the widest range of potential buyers. We are here to get your Albuquerque home for sale aggressively marketed to sell as quickly as possible and for the best price! Our goals are to help you get your home sold and get you where you want to go on time, put you in the strongest negotiating position as possible, and to make it easier for you and reduce surprises.
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John Myers, Owner and Qualifying Broker
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Office: 505 401-7500
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All data is taken from the Greater Association of Albuquerque of Realtors monthly market statistics.
