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Showing posts from June, 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

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 pue

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 jus

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".

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

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

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           UNM South - A great area near Nob Hill and the Universi

WHY USE THE eTeam?

Just a little bragging time now - Why use the eTeam for your Albuquerque Real Estate needs ?    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.     Sign up today and get your free no hassle WHAT DID THAT HOME SELL FOR? answer

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

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  

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      

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-presente