Market Statistics March 2025

March 2025 Market Statistics

As the real estate market in Albuquerque and Rio Rancho continues to evolve, it's essential to stay informed about the latest trends and statistics. In this update, we'll delve into the most recent market data to help buyers and sellers make informed decisions.

Highlights 

• Median home Sold price $349,450
• Active Median home price $409,900
• Overall inventory of Active homes for sale 2,186
• Absorption Rate 2.46 Months
• Average Days on Market for Closed Properties 50.9 

Additional Reports

March 2025 Showings Report

March 2025 Local Market Snapshot Reports (by zip code & MLS Area)

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Immediate Cash Offers For Your Home

Thinking About Selling and Want Full Market Value?​

Selling your home can be a daunting and time-consuming process, especially when you're navigating the traditional real estate market. However, for homeowners in New Mexico, there's a faster, more efficient alternative: receiving immediate multiple cash Market Value offers through services like

CashOffersNM.com​

What Are Immediate Multiple Cash Offers?

Immediate multiple cash offers refer to the process where homeowners receive several purchase offers from cash buyers shortly before or after listing their property. These offers are typically made by investors or companies looking to purchase homes quickly, without the usual contingencies and delays associated with traditional sales.​

…

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Market Statistics February 2025

February 2025 Market Statistics

As the real estate market in Albuquerque and Rio Rancho continues to evolve, it's essential to stay informed about the latest trends and statistics. In this update, we'll delve into the most recent market data to help buyers and sellers make informed decisions.

Highlights (the highlights are a comparison of detached homes between February 2024 and February 2025)

• Median home price increased 5.6% to $359,500
• Average home price increased 6.4% to $414,915
• Overall inventory of homes for sales increased 38.0% to 1348

Additional Reports

February 2025 Showings Report

February 2025 Local Market Snapshot Reports (by zip code & MLS Area)

These figures indicate a robust growth in home values,…

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Live Music This Weekend!

​Here are some live music events happening at restaurants and bars in Albuquerque and Rio Rancho during the week of April 7–13, 2025:​

Open Mic Night at The Taproom at Old Town
Date: Tuesday, April 8, 2025
Time: 5:00 PM – 8:00 PM
Location: The Taproom at Old Town, Albuquerque
Details: Enjoy live performances by local singers, comedians, and performers on the patio stage, accompanied by happy hour specials and discounted appetizers. Hosted by Billy Crooze. ​Old Town Albuquerque

Tablao Flamenco Dinner Show
Date: Friday, April 11, and Saturday, April 12, 2025
Time: Doors open at 6:15 PM, dinner at 7:00 PM, performance at 8:00 PM
Location: Hotel Albuquerque at Old Town
Details: Experience an authentic flamenco performance…

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Private Market Listings

Private Market Listings

Private market listings, also known as off-market properties, are exclusive real estate deals not publicly advertised. Unlike MLS-listed homes, these properties are shared through private networks, offering buyers access to hidden opportunities with less competition and better negotiating power. Many high-value homes and investment properties never reach the public market, making off-market deals ideal for serious buyers looking for unique opportunities.

By working with a well-connected real estate professional, networking with investors, or partnering with wholesalers, you can gain access to exclusive, off-market deals before they become widely available. These properties often sell faster, with sellers preferring privacy…

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March 2025 Family Friendly Events

1. St. Patrick’s Day Parade & Festival (Family-Friendly)

• Location: Historic Downtown, Albuquerque
• Short Description: Celebrate Irish heritage with a lively parade featuring colorful floats, bagpipers, Irish dance performances, and local food vendors.
• Date & Time: March 17, 2025, 10:00 AM–2:00 PM

2. UNM Lobo Basketball (Family-Friendly)

• Location: The Pit (Dreamstyle Arena), University of New Mexico, Albuquerque
• Short Description: Catch the last regular-season home games or early postseason matchups. Show your Lobo pride and enjoy the spirited atmosphere.
• Date & Time: Early March 2025; exact dates and times vary (check the official Lobos schedule)

3. Family Science Night at Explora (Family-Friendly)

• Location:…

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Live Music March 2025

LIVE MUSIC MARCH

Jeff Dunham: Artificial Intelligence Tour
Date: Thursday, March 6, 2025
Time: 7:00 PM
Location: Rio Rancho Events Center, Rio Rancho
Details: Renowned ventriloquist and comedian Jeff Dunham brings his 'Artificial Intelligence' tour to Rio Rancho.​Albuquerque Events+2livenation.com+2Rio Rancho Events Center+2avafernandes.pages.dev+7Rio Rancho Events Center+7livenation.com+7

Los Tigres del Norte
Date: Friday, March 14, 2025
Time: 8:00 PM
Location: Rio Rancho Events Center, Rio Rancho
Details: The legendary norteño band performs their classic hits.​505livemusic.com+3livenation.com+3Rio Rancho Events Center+3

Jo Koy: Just Being Koy Tour
Date: Friday, March 21, 2025
Time: 8:00 PM
…

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Guaranteed Sale Program

The Guaranteed Sale Program: Sell Your Home with Confidence and Certainty

Selling a home can be a stressful and uncertain process. Many homeowners worry about how long their property will sit on the market, whether they’ll get their asking price, or if the deal will fall through at the last minute. But what if there was a way to sell your home with complete peace of mind? Enter the Guaranteed Sale Program—a revolutionary approach that ensures your home sells within a predetermined timeframe and for a fair price.

FAQs

A Guaranteed Sale Program is a real estate solution where a brokerage or investor guarantees to purchase your home if it does not sell on the open market within a specified period.…

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Things to do February 2025

February 2025 Events in Albuquerque & Rio Rancho

February may be a winter month, but the fun doesn’t slow down in the Albuquerque and Rio Rancho area! Whether you’re looking for a family day out or an adult-focused evening, there’s plenty to explore. Here are some events to consider this month:

1. Valentine’s Day Wine & Dine (Adults Only, 21+)

• Location: Casa Rondeña Winery, Albuquerque
• Short Description: Celebrate the season of love with a romantic evening of fine wine, gourmet food pairings, and live music.
• Date & Time: February 14, 2025, 6:00 PM–9:00 PM

2. Lobo Men’s Basketball Game (Family-Friendly)

• Location: The Pit (Dreamstyle Arena), University of New Mexico, Albuquerque
• Short Description: Cheer on the UNM Lobos as…

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Market Statistics January 2025

January 2025

As the real estate market in Albuquerque and Rio Rancho continues to evolve, it's essential to stay informed about the latest trends and statistics. In this update, we'll delve into the most recent market data to help buyers and sellers make informed decisions.

January 2025 Market Statistics

According to the latest reports from the Greater Albuquerque Association of REALTORS® (GAAR), the housing market has experienced notable changes compared to the same period last year:

• Median Detached Home Price: Increased by 5.7% to $368,945.
• Average Detached Home Price: Rose by 6.8% to $422,967.
• Inventory of Detached Homes for Sale: Expanded by 17.1% to 1,770 units.

These figures indicate a robust growth in home values,…

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