ALBUQUERQUE HOME SELLER TIPS

Friday, June 27, 2008

Supply and Demand data - Albuquerque real estate - Area Downtown May 2008

price range active listings under contract this month % chance of sale possible showings current month supply
<100K 11 1 9.1 1.1 11
100-149,999K 9 2 22.2 2.7 4.5
150-199,999K 17 7 41.2 4.9 2.4
200-249,999K 18 1 5.6 0.7 18.0
250-299,999K 12 1 8.3 1.0 12.0
300-349,999K 8 5 62.5 7.5 1.6
350-399,999K 13 2 15.4 1.8 6.5
400-499,999K 9 0 0.0 0.0 0.0
500-749,999K 5 1 20.0 2.4 5.0
750-999,999K 3 0 0 0 0
1M + 1 0 0 0 0
TOTALS 106 20      

 

 

DOWNTOWN area of Albuquerque homes - bordered by I40 on the North, I25 to the east, Cesar Chavez to the south and the Rio Grande River to the west - mixed used area of Office/lofts and condos, older turn of the century homes and office/residential.  A great place to buy an older home for renovation and use as an office, loft living and downtown condo space.

 

image

Map image

Monday, June 23, 2008

Supply and Demand data - Albuquerque real estate - Area Southeast Heights

Price range Active listings Under contract this month %chance of sale Possible showings Current month supply
0-149,999K 9 6 66.7 8.0 1.5
150-199,999K 19 3 15.8 1.9 6.3
200-249,999K 25 4 16 1.9 6.3
250-299,999K 13 3 23.1 2.8 4.3
300-399,999K 9 3 33.3 4.0 3.0
400-449,999K 2 0 0 0 0
450-499,999k 3 0 0 0 0
500K+ 0 0 0 0 0
TOTALS 80 19      

 

Great area near UNM - Ridgecrest - beautiful art deco and mid century pueblo style homes, convenient to UNM, Nob Hill shopping - south of Central to Kirtland AFB, West to San Mateo and east to Four Hills.  This area is considering the outside of the wheel of the more expensive Nob Hill homes expanding - perfect area for buying a home to fix up and have the future Nob Hill property.  Also includes newer area of homes to the east, new subdivisions close to Four Hills.

 

image

Map image

 

Wondering if you should rent or buy?

Supply and Demand data - Albuquerque real estate - Area Fairgrounds - May 2008

Price range Active listings Under contract this month %chance of sale Possible Showings Current month supply
0-149,999K 11 9 81.8 9.8 1.2
150-199,999K 28 8 28.6 3.4 3.5
200-249,999K 12 4 33.3 4.0 3.0
300-399,999K 2 0 0 0 0
400-449,999K 0 0 0 0 0
450-499,999K 0 0 0 0 0
500K+ 00 0 0 0 0
TOTALS 62 23      

 

Great area, near shopping and I-40 - bordered by Central to the north, Zuni Blvd to the south, Wyoming to the east, and San Mateo to the west.  Mid-century homes just waiting for your updates!

 

image

Map image

 

Great Homebuyer information - free updates to your email!

Friday, June 20, 2008

Looking at Homes for sale - Is now the time to buy?

Don't miss out on your perfect home - now is the time to buy - inventory has never been better, selection is great - sellers are motivated.  There are homes on the market that you have waited for.  Don't make the mistake that I see alot of buyers make - they wait...thinking that the house will go lower than it is already priced.  Offer now!

"The HOME you are looking at today and want to think about until tomorrow, is the same HOME someone else saw yesterday and is MAKING THEIRS today".

collection_best_photo

Thursday, June 19, 2008

Supply vs. Demand Data - May 2008 - Albuquerque Real estate Area Four Hills Village

Price range Active listings Under contract this month % chance of sale Possible showings Current month supply
1-149,999 0 0 0 0 0
150-199,999K 1 1 100 12 1
200-249,999K 3 2 66.7 8. 1.5
250-299,999K 16 3 18.8 2.3 5.3
300-349,999K 8 3 37.5 4.5 2.7
350-399,999K 11 3 27.3 3.3 3.7
400-449,999 5 3 60 7.2 1.7
450-499,999K 4 1 25 3 4
500-749,999k 11 0 0 0 0
750-999,999k 0 0 0 0 0
1million+ 2 0 0 0 0
TOTALS 61 16      

 

Four Hills Village, along the foothills of the Manzano Mountain range, south of Central Avenue (Old Rt 66), this was one of Albuquerque's first 'suburbs' from the 1960's.  Some magnificent mid-century homes ready for a new century facelift, or some already magnificently done, also townhomes and condo living.  Great views, easy access to I40 and downtown work, this is a great neighborhood.  A great area for Albuquerque homes.

image

Map image

Wednesday, June 18, 2008

Supply and Demand data - Albuquerque real estate May 2008 - Area Foothills South

Price range Active listings Under contract this month %chance of sale possible showings Current month supply
<100 0 0 0 0 0
100-149,999K 0 1 0 0 0
150-199,999K 3 3 100 12 1
200-249,999K 10 4 40 4.8 2.5
250-299,999K 17 2 11.8 1.4 8.5
300-349,999K 16 5 31.3 3.8 3.2
350-399,999K 15 3 20 2.4 5.0
400-449,999K 4 2 50 6 2
500-549,999K 7 1 14/3 1.7 7.0
550-749,999K 11 1 9.1 1.1 11
750-999,999K 2 0 0 0 0
1million+ 0 0 0 0 0
TOTALS 92 23      

 

highrock

Map image

Foothills south, east of Tramway to Central Avenue - great area, wonderful views!  Hiking trails, biking trails, older and newer homes

Tuesday, June 17, 2008

Supply and Demand Data May 2008- Albuquerque Real Estate residential properties - Area UNM South -

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MONTH SUPPLY
0-149,999 5 2 40 4.8 2.5
150-199,999 14 5 36.7 4.3 2.8
200-249,999 25 9 36 4.3 2.8
250-299,999 29 3 10.3 1.2 9.7
300-399,999 13 5 38.5 4.6 2.6
400-499,999 6 0 0 0 0
500-749,999 6 0 0 0 0
>750,000 5 1 20 2.4 5.0
TOTALS 103 25      

 

IMGP0739_resize

Map image

 

UNM South - A great area near Nob Hill and the University of New Mexico, south of Central Avenue (old Rt 66) - superlative styling, old world charm from homes built in the 20's to the 60's.  The UNM area is a busy and fun place to be!

Great opportunities for shopping and urban living, bus stops, lots of urban space!

WHY USE THE eTeam?

Just a little bragging time now - Why use the eTeam for your Albuquerque Real Estate needs

 

image

The eTeam, even in these unsure times in Albuquerque Real Estate sales, is ranked as the Number #4 real estate Team in the State of New Mexico!

Trust us to your real estate needs in Albuquerque, for selling or buying an Albuquerque Home!

WHAT DID THAT ALBUQUERQUE HOME SELL FOR?

Well, now you can find out!  By using this new tool, no obligation no hassle, you can find out how much Albuquerque homes are selling for, how much they SOLD for, and even Community Reports comparing areas to other areas all around the country.

 

MARKET SNAPSHOT

 

Sign up today and get your free no hassle WHAT DID THAT HOME SELL FOR? answer

Monday, June 16, 2008

Supply and Demand Data - Albuquerque real estate area Far Northeast Heights

Price range Active listings Under contract this month % chance of sale Possible Showings Current month supply
<100K 0 0 0 0 0
100-149,999K 1 0 0 0 0
150-199,999K 15 8 53.3 6.4 1.9
200-249,999K 61 30 49.2 5.9 2.0
250-299,999 66 19 28.8 3.5 3.5
300-349,999k 41 11 26.8 3.2 3.7
350-399,999K 25 6 24.0 2.9 4.2
400-449,999 19 5 26.3 3.2 3.8
450-499,999K 16 3 18.8 2.3 5.3
500-549,999K 2 1 50 6 2
550-749,999K 18 4 22.2 2.7 4.5
750-999,999K 10 2 20 2.4 5
1million+ 4 2 50 6 2
TOTALS 278 91      

collection_best_photo 

Map image

 

East of Tramway along the Sandia Foothills, homes with views, beautiful xeriscaping and true southwest styling - great sunsets and easy access to bike trails and hiking along this wonderful area.  All Albuquerque real estate information - bike trails and city information

Supply vs. Demand Data - North Albuquerque Acres - May 2008

PRICE Active listings Under contract this month %chance of sale Possible Showings Current Month supply
200-249,999K 4 3 75 9 1.3
250-299,999K 22 11 50 6 2.0
300-349,999 20 11 55 6.6 1.8
400-449,999 17 4 23.5 2.8 4.3
450-499,999 9 4 44.4 5.3 2.3
500-549,999 11 2 18.2 2.2 5.5
550-749,999K 53 8 15.1 1.8 6.6
750-999,999K 50 3 6.0 .7 16.7
1million+ 38 3 7.9 0.9 12.7
TOTALS 259 58      
           
NAA
Map image

Sandia Heights - Supply/Demand statistics for May 2008

Price Active listings Under contract this month % chance of sale possible showings Currently month supply
200-299,999K 2 0 0 0 0
300-399,999K 14 3 21.4 2.6 4.7
400-499,999K 5 0 0 0 0
500-749,999K 11 5 45.5 5 2.2
750-999,999K 9 0 0 0 0
1million+ 12 0 0 0 0
TOTALS 53 8      
Map image
SANDIA HGITHS

Monday, June 02, 2008

ALBUQUERQUE HOME SELLING

The total homes sold, attached and detached, for April were 1,668 up from 1,616 in March. Days on market decreased to 66 days in April from a high of 71 in January. A recent article in USA Today remarked “think Albuquerque” when considering a market that hasn’t had the impact from the real estate fall as other areas have. My recommendation to my sellers is to slightly under price and over stage your home. You can’t do too much to prepare your home for sale, and by under pricing you stand out in the market. Be the one on the “shelf” that buyers are drawn to. Carefully review weekly your competition and review those weekly updates that your Broker sends you; review the feedback that the buyers and Brokers are sending. Step back from this being your personal home, and see it has a product in the marketplace that is competing for buyers. Much of the oversupply of our market has a lot to do with homes that are ‘stale’ on the market, they need to be repriced, restaged and re-presented to the consumer. I have also seen many higher end homes finally going under contract after lagging on the market for 200+ days – this is a good sign! There are always high end buyers out there, and the competition is fierce for their attention.

Animoto.com

Blog Archive

About Me

My photo

I believe in a consultative approach to buying and selling homes.  Albuquerque is my home and I love the gorgeous surroundings, the breathtaking scenery and blue skies that are everywhere.

I love the pueblo style homes and the contemporary masterpieces that our artists have created - everywhere there is beauty!