statistics: Quarterly ABQ Area Stats Reaffirm Robust Real Estate Trends - 11/11/16 03:02 AM
Every few months, we like to review and contextualize the latest Greater Albuquerque Association of REALTORS® quarterly statistics for you, especially as they provide a wider perspective of market trends than month-to-month reports.
Once again, it's very pleasing to be able to tell you that the recently published third quarter figures reaffirm the general positivity we've been seeing all year.
A key highlight is that, in July, August and September, single-family detached home sales showed a year-on-year increase of 6.34%.
The average sale price of those homes rose by 3.32%, compared with the third quarter of 2015, to $228,271. Indeed, if we look back … (1 comments)

statistics: Latest Albuquerque Area Real Estate Stats Show Summer Ending On A High Note - 09/14/16 03:37 AM

It's good to be able to report that recently released Greater Albuquerque Association of REALTORS® statistics for August point towards a very lively end to the summer in the area.
Apart from continuing concerns over the level of inventory of available homes for sale, which we'll return to later, there were positive indicators right across the most important statistical categories for detached homes.
In line with trends we've been seeing all year, median detached home prices were up by 1.6% ($190,000) on the same period last year, while average prices rose by exactly the same amount ($226,422).
A detached home took just 51 days … (0 comments)

statistics: New Quarterly Real Estate Stats Reconfirm Upbeat Market Conditions - 01/29/16 06:57 AM
 Every month, we devote a whole blog to the latest monthly real estate statistics published by the Greater Albuquerque Association of Realtors (click here for the most recent post).
Today we'd like to take a somewhbat wider angle view by looking at the findings of the GAAR's recent review of the 4th Quarter of 2015. This has the benefit of smoothing out some of the peaks and troughs of the monthly reports, so we can see key sustaining trends more vividly.
There were two distinct highlights of the figures. Detached home sales rose by 12.72% in comparison with Q4 of 2014, while the median sale … (0 comments)

Manish Chanda (Everest Peak, Inc.)

Manish Chanda

Albuquerque, NM

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Everest Peak, Inc.

Address: 4801 LANG AVE NE, STE 110, ALBUQUERQUE, New Mexico, 87109

Office: 505-800-7150

Mobile: 505-750-0304

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