January Market Statistics 2023

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

  • Highlights (the highlights are a comparison between January 2022 and January 2023).
  • Median detached home price increased 1.9 percent to $316,000.
  • Average detached home price increased 3.6 percent to $361,750.
  • Overall inventory of detached homes for sales increased 29.1 percent to 950.

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

Credit GAAR

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Looking back 2022 was a great year for home buyers and sellers. The market is 'upside down', meaning every buyer/seller situation is different, interest rates continue to increase however I am still seeing multiple offers over list price at certain price points. Contact me to discuss.


For the 2022 Greater Albuquerque area housing market:

The average annual sales price for single-family detached homes rose 11.08% to $378,491.

The median annual sales price for single-family detached homes grew 13.79% to $330,000.

The number of attached and detached home sold decreased 20.95% to 11,858 transactions in 2022.


Download the Full Report Here - Credit GAAR

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Even as restrictions ease up, you still may want to take advantage of our Virtual Home Selling Program. If you are interested in selling your Albuquerque, Rio Rancho or Surrounding area home please give us a call at (505) 886-1432

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

Highlights (the highlights are a comparison between March 2019 and March 2020)

  • the median detached home price rose 11.5 percent to $238,000
  • the average detached home price rose 10.6 percent to $275,186
  • overall inventory of detached homes for sale decreased  32.3  percent to 1,626
  • the number of closed sales for detached homes increased 0.7 percent to 989
  • the number of detached homes going under contract went down 7.1 percent to 1,130

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

Highlights (the highlights are a comparison between February 2019 and February 2020)

  • the median detached home price rose 12.7 percent to $230,000
  • the average detached home price rose 9.7 percent to $266,264
  • overall inventory of detached homes for sale decreased  35.3  percent to 1,553
  • the number of closed sales for detached homes increased 6.7 percent to 809
  • the number of detached homes going under contract rose 25.9 percent to 1,195

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Thank you for working so hard to keep us safe. Doctors, nurses, police, firefighters, first responders, post office, medical and whomever else is out there working during this time.

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We have an incredible Virtual Home Buyer Program that can help take the stress out of the home buying process. Now could be the time to take advantage of this program. For the past several years, we have helped many buyers purchase homes without ever leaving the comfort of their current home.

Learn more about the program here

 

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This incredible one story 4 bedroom home is move-in-ready. Within the last few years the home was updated with a TPO roof, ceiling fans, light fixtures, all new kitchen (with granite, cabinets and appliances), new bathrooms (cabintes, fixtures and flooring), and cellular shades throughout. Wood flooring throughout and carpet in the bedrooms. The skylights and clerestory windows make this home bright and open. Outside you will find a nice sized covered patio and low maintenance backyard with new privacy fencing. There is a gate on the side for backyard access and looks large enough to fit an RV.

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