When did real estate become so financially focused? A home is where we sleep, create family, make memories! Average sale price in ABQ is just under $380k; average of 18 days on market; average rent for house is $1850; softening market segments are above $750k & mid-300s (= buyers will have more options). A great "downsize, make it your own" property, last call for green chile, SW Opera delights!
Adrian’s Weekly Update, August 15 2022
Average sales price in Albuquerque was $362,210 last week, inventory is building with 1.4 months of supply aka still a sellers market. Market temperature is hottest in lower prices. A lovely landscaped ranch in Four Hills, super helpful info if you’re planning to visit an airport anytime soon.
Adrian’s Weekly Update, August 1 2022
Real Estate Market in ABQ in on-par with our discussions over the last month - inventory up + bidding wars down, days on market up + more price reductions, but closed prices still averaging list price = strong seller's market. Rents are averaging $2000/m in ABQ! If you're renting, we should talk about what your monthly rent can buy you.... like the cute 2/1/1 near UNM North Golf Course priced at just under $300k. Other things....updated bike maps & free summer concerts at ABQ Museum.
Adrian’s Weekly Update, July 25 2022
Average sale price in Albuquerque was just under $350,000 again this week, Days on Market has picked up a couple of days and list price is becoming more of the standard rather than over list price. It may finally be a good time to buy a home! An immaculate home in Paradise Greens is property of the week, spacious floor plan, excellent condition, beautiful backyard, room for a pool and an RV… Who could ask for more?! Other fun stuff, great place for an art class and fresh healthy eatery.
Adrian’s Weekly Update, July 18 2022
Average sale price in Albuquerque was just under $350,000 this week, 75% of homes are still selling at or above list price, Relist rate in Albuquerque is 1.5%, Are we at a new normal with 5 1/2 to 6% interest rates? A nice Mossman in ABQ NE Heights that may still be overpriced, Cool info on snake training for dogs & how to save money on appliances.
Adrian’s Weekly Update, July 11 2022
Average sale price in ABQ area was $378,075 last week - highest so far. And, inventory has increased to 1405 available properties - most we’ve had in 9 months. A Summit Park property with a colossal garage. Other thoughts… languages, artists & Renai.
Work With ME
Dedicated to you. It has always been my mission to make your real estate dreams real.