Saturday, February 09, 2008

Albuquerque Real Estate Market Update

We have seen a decline of Single family home listing inventory – the number dropped from 6,131 in Oct of 2007 to 5,523 for Dec 2007.” The Average Sales Price for the same period has decreased from $246,522 to $240,602, so with those numbers, you can see that now is a perfect time to take advantage of the slight drop in prices. While inventory is slightly down, the sellers are more anxious to sell and more open to offers that meet both buyer and seller needs. Because the average Days on Market has increased from 51 Days in Oct to 60 Days in Dec. the sellers are anxious to see you! Ask for a free copy of my book "Get the Best Deal When Selling Your Home", Albuquerque Edition - call or email me today! Linda DeVlieg 505-440-7200
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