Northwest Albuquerque and Northwest Heights Real Estate Market Report - Bernalillo County, New Mexico
Northwest Albuquerque and Northwest Heights, New Mexico - Bernalillo County

Market Commentary Provided by Greg Sofio

  Report Date   Fall 2009  
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CONNECT WITH A LOCAL PROFESSIONAL
Greg Sofio
Greg Sofio
Keller Williams Realty
Albuquerque, New Mexico
505-453-0800
greg@brokernm.com
Agent Home Page
Keller Williams Realty
  Nearest Metro Area   Albuquerque
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   90-120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $250,000 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Down 0-5%
  Prices As % of Asking Price   90-95%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Northwest Albuquerque and Northwest Heights is  
  Seller Activity for the past 90 days in Northwest Albuquerque and Northwest Heights is  
  Is Financing Available For Qualified Buyers in Northwest Albuquerque and Northwest Heights?  
  Existing Home Prices for the past 90 days are  
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?  
  Housing Hot Spots  
  Reason to Buy/Sell   Population Growth
  Average Sold Price   $250,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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