Click here to download the complete January 2020 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between January 2010 and January 2020)

  • the median detached home price rose 10.0 percent to $222,500
  • the average detached home price rose 2.4 percent to $256,696
  • overall inventory of detached homes for sale decreased  37.0  percent to 1,610
  • the number of closed sales for detached homes increased 4.9 percent to 768
  • the number of detached homes going under contract rose 22.1 percent to 1,090

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1417 San Carlos Dr SW 87104

Ideally located near Albuquerque County Club, Historic Old Town, Downtown ABQ, Tingley Beach, Botanical Garden, Parks, and Zoo. And if you know the area there is a myriad of shopping and restaurants along Central Blvd.

1417 San Carlos Dr SW Albuquerque, NM 87104

  • Price: $275,000
  • Bedrooms: 2/3
  • Bathrooms: 2
  • Garage Spaces: 2

 

 

 

  

More Downtown/Old Town Homes For Sale

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Here's some good news... momentum will keep housing positive in 2020 with historically low mortgage rates and the continued strength of the labor market.

Unemployment rate is at a 50-year low and so is mortgage delinquencies due to low rates, a solid economy and strong labor market. Mortgage delinquency rate was the lowest in Quarter 4 2019. This is the lowest lever since the current survey series by the Mortgage Banker Association begin in 1979.

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With interest rates being as low as they are you can refinance, buy or sell a home and save money. I can help you road map a path to home ownership and if you have a home to sell I will give the 3 most important pieces of information:

  • How much your home is worth
  • How long it will take to sell
  • How much you make from the sale of your home.

Real estate is a great investment vehicle as well so if you are interested in learning more please contact us at (505) 886-1432.

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