sales: Light at the end of the tunnel? - 07/10/09 08:53 AM
Our Albuquerque real estate statistics for the month of June have been released, and they seem to show some light at the end of the tunnel for Albuquerque home sales.
First of all, our oversupply of homes on the market is definitely shrinking. There were only 5,480 single family detached homes on the market this past June, which is way down from the high figure of 6,428 in June of 2008.

The number of new listings coming on the market was also lower in June 2009 than it was in June 2008; in fact, nearly 17% lower!
These figures indicate … (2 comments)

sales: Supply & Demand Figures are looking up in Albuquerque - 06/20/09 06:43 AM
The Supply vs. Demand statistics released by the Greater Albuqerque Association of Realtors for May 2009 were moderately encouraging.
The Supply/Demand ratio is calculated by comparing the number of active listings on the market to the number of total pending sales for the month, to give an idea of how many would-be sellers there were that month compared to willing and committed buyers.
Here are the statistics:

As you can easily see, the Supply vs. Demand figures for Albuquerque area homes are better than they've been for over a year.
Last winter, there were more than twelve properties on the market for … (0 comments)

sales: Albuquerque South Valley Real Estate Stats, Part II - 06/04/09 11:49 AM
My previous post on Albuquerque real estate market for the Far South Valley area looked at high, low and average sales prices over the past 10 calendar quarters.
But there is more information that is significant for understanding the real estate market in the area.
Average sales prices may not have changed dramatically in the past couple of years, but there are some other figures that have.
Time on the market and number of sales in an area are also significant, and, unfortunately for those of us with an interest in Albuquerque in general and the South Valley in particular, these … (0 comments)

sales: Albuuqerque Home Prices Up! - 07/02/08 08:29 AM
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sales: The Smoking Gun: Why Hasn't My House Sold? - 01/29/08 08:05 AM
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sales: Albuquerque Home Prices Up in October! - 12/13/07 08:35 AM
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sales: "Testing the Water" Pricing Doesn't Work in Albuquerque! - 11/03/07 06:48 AM
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sales: Market Saturation and Absorption Rates: Is it raining listings yet? - 07/07/07 09:30 AM
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sales: Albuquerque Homes Sales, May 2007 - 07/02/07 11:04 AM
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sales: Valencia County Home Sales Statistics - 06/30/07 10:04 AM
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Laura Warden Nordin, 30-year Top Producer in Greater ABQ Real Estate (Century 21 Camco Realty) Rainmaker large

Laura Warden Nordin

30-year Top Producer in Greater ABQ Real Estate

Albuquerque, NM

More about me…

Century 21 Camco Realty

Address: 8300 Carmel NE, Albuquerque, NM, 87122

Office: 505292-2021

Mobile: (505) 239-4796

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Greater Albuquerque neighborhood, community, and real estate tips, updates, and infoprovided by Laura Warden, Albuquerque real estate and horse property specialist. My husband, Brian, and I provide four detailed websites to serve your specific needs: Albuquerque Area Horse Properties and Equestrian Communities Albuquerque Suburban Areas and Homes Albuquerque Historic Homes Small Town and Rural Communities and Real Estate This blog and our websites all provide current tips, updates, community news and information relevant to buyers and sellers of real estate in Albuquerque and surrounding areas, plus news and resources for New Mexico horse owners.


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