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albuquerque2007forecast: Great Year for Albuquerque Residential Real Estate -Despite Rising Inventory, Rising Prices - 01/02/07 06:08 PM
Two thousand six has been a great year for the Albuquerque residential real estate market. Unlike some other parts of the country where prices have fallen, Albuquerque has seen a rise in prices.
Sales have decreased leading to a rise in inventory giving buyers more choices, but with no negative effect on prices. Increases continue, but not at the consistent double-digit pace of the last few years. September's prices increased 7.5 percent, October's 8.4 percent, and November's, edged back up into double digits at 10 percent. The average sale price per unit increased to $233,512 from $212,593 in 2005.
The average … (3 comments)

 
Eloise_gift

Eloise Gift, Albuquerque New Mexico Real Estate

Albuquerque, NM

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Gift Realty NM

Address: 5547 Timberfalls Road , Albuquerque, NM, 87114

Office Phone: (505) 554-2183

Cell Phone: (505) 363-5156

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Albuquerque, New Mexico real estate news, views, and information about Greater Albuquerque neighborhoods, real estate market; buying, selling, investing in Albuquerque homes by Eloise Gift, Managing Broker/Owner, Gift Realty NM; information about Northeast Albuquerque, Northwest Albuquerque, Southeast Albuquerque, Southwest Heights, Los Ranchos, North Valley, Placitas, Corrales, Rio Rancho, Los Lunas.


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