Cedar Crest Real Estate Market Conditions & Reports, Cedar Crest Market Trends, New Mexico

Market Commentary Provided by Top Agent
Nelson Wingerd knows the local community and real estate market, attends promptly and professionally to your real estate needs and will settle for finding no less than your dream home.

Report Date

Spring 2010

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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$225,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Cedar Crest is

Seller Activity for the past 90 days in Cedar Crest is

Is Financing Available For Qualified Buyers in Cedar Crest?

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

Cedar Crest is a lovely New Mexico community located in Bernalillo County. The Cedar Crest real estate market offers an exceptional selection of housing options, including single-family detached homes for sale, estate properties, condominiums, townhouses and land lots.

Reason to Buy/Sell

Population Growth

Average Sold Price

$225,000 - 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.

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