Click here to download the complete March 2019 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between March 2018 and March 2019)

  • The median detached home price rose 7.6 percent to $213,000
  • The average detached home price rose 2.9 percent to $248,770
  • Overall inventory of detached homes for sale decreased 27.3 percent to 2,075
  • The number of closed sales for detached homes decreased 8.6 percent to 972
  • The number of detached homes going under contract rose 13.8 percent to 1,359

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Key Takeaways for NEXT Home

  • Borrower does not have to be a first-time homebuyer.
  • 3% grant from program does not have to be repaid.
  • Minimum $500 required from home buyer's fund.
  • Need to sell? Little equity? This will help fill that gap.

Key Takeaways for MFA Down Payment Assistance

  • Exclusively for first time home buyers.
  • Up to $8,000 down payment assistance.
  • Must contribute $500 of own funds.
  • Minimum credit score required.

You will need our expertise to help navigate this process. Call us today at (505) 886-1432 to talk to one of our Buyer Specialist. They will be the best to answer all your questions.

We can answer your mortgage questions!

 

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You must hurry as the real estate market is hot! Be the first to know and call one of our top Buyer Agents with The NMWelcomeHome Team! (505) 886-1432

Welcome to this incredible updated home located just 1.3 miles from The University of New Mexico and UNM Hospital! That is only a 4 minute drive. Recent updates include windows, landscaping in backyard, storage in back, paint, doors, soon to be installed roof & garage doors. This home will be available for showings middle of May 2019 but contact us now for more information (505) 886-1432.

1419 Calle Del Rancho For Sale

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