June 2024 Market Statistics

Highlights (the highlights are a comparison between June 2023 and June 2024)

  • Median detached home price increased 0.4 percent to $365,000
  • Average detached home price increased 2.9 percent to $426,015
  • Overall inventory of detached homes for sales increased 19.8 percent to 1576

Additional Reports

  • June 2024 Showings Report
  • June 2024 Local Market Snapshot Reports (by zip code & MLS Area)

Credit GAAR.com

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DR Horton Homes Vista Grande Community

Welcome to Vista Grande, a new D.R. Horton community perfectly positioned at Northern Blvd. and Unser Blvd. in Rio Rancho, New Mexico. Situated within the Cleveland High School District, this community blends convenience and comfort seamlessly. Designed with modern families in mind, Vista Grande offers a range of thoughtfully crafted floor plans to suit every stage of life. Each home, built by America’s Number One Home Builder, combines comfort, style, and functionality.

Vista Grande extends beyond just homes, providing a wealth of amenities and recreational opportunities. Enjoy the natural beauty of nearby parks, walking trails, and green spaces. Take advantage of the convenience of shopping, dining, and…

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Does a Swimming Pool Boost or Hurt Your Home's Value?

Introduction Enjoying a pool at home on a hot day is a luxury many homeowners dream of. While pools can be a desirable feature, their impact on property value varies. Here's a detailed look at the factors influencing this.

Return on Investment

  • Homeowners can expect to recoup about 56% of their pool investment.
  • Potential home value increase of up to 7%, depending on various factors.

Key Factors

  1. Neighborhood Norms: In upscale areas where pools are common, not having one might make selling harder.
  2. Climate: In warm climates, pools are more valued. In colder areas, they’re a nice perk but not essential.
  3. Pool Condition and Design: A well-maintained, aesthetically pleasing…

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We Have Buyers Looking!

Are you considering selling your home in the Albuquerque area? Right now, we have 3,611 eager buyers in our database looking for homes just like yours!

Start your selling journey with us and gain access to a detailed report that includes:

  • Estimated Home Value: Understand your home's current market worth.
  • Home Value Trends: Track how the value of your home has changed over time.
  • Equity Information: See how much equity you’ve built up in your property.
  • Buyer Interest: Discover how many buyers are interested in a home like yours.
  • Market Trends: Stay informed about the latest trends in the Albuquerque real estate market.
  • Market Trend Analysis: Get a deep dive into the market dynamics affecting your home's…

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