April 2023 Market Statistics

Click the links under 'Downloads' to access the Full Market Report (Monthly Indicators) or the Green Sheet Report for the April 2023 Market Statistics.

  • Highlights (the highlights are a comparison between January 2022 and January 2023).
  • Median detached home price increased 2.7 percent to $344,040.
  • Average detached home price increased 0.6 percent to $391,772.
  • Overall inventory of detached homes for sales decreased 1.3 percent to 886.

Click here to download the complete April 2023 Local Market Snapshot reports, presented by zip code and MLS Area. Provided by gaar.com

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Estates at Academy by Pulte HomesPulte Homes Academy Estates Plat

The Estates at Academy by Pulte Homes: A Luxury Living Experience

Discover the Estates at Academy by Pulte Homes – a luxurious community nestled in the heart of the Cherry Hills Subdivision. This exclusive community boasts a 14.1-acre lot and offers 39 single-family luxury homes that are designed with your comfort and style in mind.

One of the unique features of this community is its location, which is next to the Hoffmantown Church. The community is also in the highly desirable school district of Dennis Chavez Elementary, Madison Middle School, and La Cueva School District. You can rest assured that your children will receive an excellent education in these top-rated schools. Peaceful suburban living and easy…

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Pest Control

Looking For Pest and Weed Control

Are pests driving you crazy in Albuquerque? Look no further than our recommended pest control business! They provide safe and effective pest control services to rid your home of any unwanted visitors (specializing in pest and weed control). And if you're in need of other services like handyman work, tree trimming, electrician, plumbing and more, just send us a message below and we'll connect you with trusted vendors in the area.

Dave's Vector Control

(575) 693-2202

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March 2023 Market Statistics

Click the links under 'Downloads' to access the Full Market Report (Monthly Indicators) or the Green Sheet Report for the March 2023 Market Statistics.

Highlights (the highlights are a comparison between January 2022 and January 2023).

Median detached home price increased 3.7 percent to $337,000.

Average detached home price increased 3.2 percent to $384,000.

Overall inventory of detached homes for sales increased 38.2 percent to 944.

Click here to download the complete March 2023 Local Market Snapsot reports, presented by zip code and MLS Area.

Courtesy https://www.gaar.com/market-statistics/monthly/march-2023-market-statistics

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Home Flipping - You're InvitedFlip House

Interested in flipping homes for profit? With almost 60 flips under my belt in the last decade, I can teach you how to evaluate deals, source funding, and understand the differences between wholesale, wholetail, and retail. Let me share my knowledge and experience with you to help you succeed in the competitive world of real estate flipping. From determining repair costs to estimating resale value, I'll guide you through each step of the process. Don't miss out on this opportunity to learn from a seasoned professional.

Who Can Come To The Class: ANYONE! This class is open to anyone interested in learning more and wanting to build wealth.

What you will learn:

  • Where to find the Deal
  • How to Evaluate the Deal

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Power of Home Equity

If you're a homeowner looking to make a big purchase or consolidate debt, you may have more options than you think. One option is to use your home equity. Your home equity is the value of your home that you own outright, minus any outstanding mortgage payments.

Using your home equity, you can compete with cash offers on a new home, make home repairs to get it ready for sale, pay off debt, or consolidate debt. And, with a 5-day close, you can get the funds you need quickly.

Competing with cash offers on a new home can be challenging, but using your home equity can give you an advantage. With the ability to offer a quick close, you can make your offer more attractive to sellers who are looking for a fast sale. And, with your…

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It's not always about the interest rate

Buying a house is a significant investment and a major decision that requires careful consideration. Many people believe that the most crucial factor when purchasing a home is the interest rate. However, there are several other crucial factors to consider that go beyond just the interest rate.

Firstly, location is an important factor to consider when buying a house. It's essential to choose a location that suits your lifestyle and meets your needs. For example, if you have children, you may want to consider a neighborhood with good schools and plenty of recreational opportunities. Similarly, if you work in the city, you may want to choose a location that is near your workplace to reduce your commuting time.

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Curious About Your Home Value

Are you curious about the current value of your home in Albuquerque, Rio Rancho, or Los Lunas? Look no further than MyHomeValueNM.com! This website provides accurate and up-to-date estimates of home values in these areas. The real estate market in Albuquerque has been steadily increasing in recent years, with a current average home value of around $325,000. Rio Rancho and Los Lunas have also seen growth in home values, with averages of $290,000

Whether you're looking to sell your home or simply want to keep track of its value, MyHomeValueNM.com is a valuable resource for homeowners in these areas.

  • What you can expect to see on your home value report:
  • Current Market Value
  • Equity Position
  • Calculator (if you…

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