Average Albuquerque Home Prices Soar
Average Albuquerque home prices are up over 14% in August 2013 compared to average Albuquerque home prices in August 2012. It is incredible that the average Albuquerque home prices in August 2013 is $231,706. This is also an increase in the average Albuquerque home price of $229,957 in July of 2013. The housing market in Albuquerque is hitting on all cylinder and the Greater Albuquerque August monthly report is full of good news.
Median Albuquerque Home Prices Soar
Median Albuquerque home prices are up 9.91% in August 2013 compared to median Albuquerque home prices in August 2012. The median Albuquerque home prices in August 2013 is $229,957. The median price is the price where 50% of the homes sold above this price and 50% of the homes sold below this price.
All Good News For Home Owners
Increasing home prices is good news for all Albuquerque home owners. Many Albuquerque home owners that were under water on their mortgage are no longer under water because of the significant home appreciation. Home owners no longer under water have options that they did not have just one year ago. These home owners now have the option to sell their home or possible refinance the home.
Albuquerque home sales volumes increased by 12.21% in August 2013 compared to August 2012. The total number of single family detached homes that sold in August 2013 is 579. This is a decrease in home sales from July of 2013 when the actual number of sales was 642. The tine it took to sell a home also improved. It took only 48 days on average to sell a home in Albuquerque in August 2013. That is a 20% improvement over the time it took to sell a home in August 2012.
The Albuquerque housing market has seen a significant improvement in the past six to eight months. Homes are selling faster and for more money. It is not uncommon to see multiple offers on a home priced right in the Albuquerque metro area.
Myers & Myers Real Estate
The real estate market is constantly changing and no two clients or transactions are the same. Achieving the real estate goals of our clients are the cornerstone to our business philosophy.
For most people, buying a house or selling a house, is the biggest financial decision of their lives. Selecting the best real estate agent will be the most critical decision made when buying or selling a home.
Our real estate agents have extensive experience in the current market and are agents you can trust. We have the knowledge and expertise to help you buy or sell a house.
Our team is here to help you and make the process as stress free as possible.
Myers & Myers Real Estate has been helping home buyers and sellers since 2010 and we’re ready to put our expertise to work for you.
Best Realtors in Albuquerque – Sellers
Our real estate agents will help you sell your house and achieve your real estate goals. We have the knowledge and experience to get your home sold and get you where you want to go one time, put you in the strongest negotiating position possible, and make it easier for you and reduce surprises. Choose Myers & Myers real estate agents to help you sell your house.
Sell your home working with experienced real estate agents who specializes in your desired market will make all the difference.
When you list your house with Myers & Myers Real Estate, your home will be seen by thousands of home buyers through our online marketing plan. Contact us to discuss our cutting-edge marketing plan, market knowledge, and experience to sell your home.
Best Realtors in Albuquerque – Buyers
Our buyer’s real estate agents will help you find the perfect home for your needs and budget. We’ll make sure you find the right home, you don’t miss out on any homes that meet your goals, and we’ll help you negotiate the best price possible. Contact us today to get started on your home buying journey.