Downtown Albuquerque NM Real Estate September 2007 Market Snapshot

by Ashley Drake Gephart on October 29, 2007

Albuquerque Home Market Report

Downtown Albuquerque Real Estate

Downtown Albuquerque

See the most up-to-date list of Downtown Albuquerque homes for sale, includinh single-family homes and lofts.

If you are looking to buy or sell a home in Downtown Albuquerque, please contact me today. The Downtown Albuquerque area is bounded by I-25 and the Rio Grande River, and by I-40 and Cesar Chavez.

 

September 2007 # of Homes Median Lowest Highest
New Listing 76 $229,875 $99,500 $869,500
Pending 4 $152,500 $87,000 $599,000
Sold 20 $188,950 $73,000 $396,000
September 2007 Square Footage Bedrooms Bathrooms
Minimum 719 1 0.75
Maximum 2150 3 2.5
September 2007 Days on Market
Minimum 2
Average 55
Maximum 138

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These statistics were compiled from the Albuquerque Metropolitan Board of REALTORSĀ® data on 10/29/2007 at 11:30 p.m. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.

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Ashley Drake Gephart
Associate Broker, REALTORĀ®
Prudential Sandia Real Estate
Best: 505.261.0389 Office: 505.797.5555
6739 Academy Rd NE Ste 200 Albuquerque NM 87109
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{ 2 comments… read them below or add one }

Teri Eckholm October 30, 2007 at 6:15 am

Average DOM of 55 days is great! We are seeing double and triple that in some areas of the Twin Cities. Albuquerque is still selling at a good pace. Good for buyers and sellers.

Ashley - Albuquerque NM Real Estate October 31, 2007 at 2:32 pm

Teri – Albuquerque still has a good market overall. Priced correctly and not based on the strong sellers market of a couple years ago and they sell quickly!

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