We often get the question: “Hows the real estate market doing?” Although we always strive for more growth here is a very condensed version of the 2nd quarter market report from Greater Albuquerque Association of Realtors. As you can see we are increasing in every way here in the East Mountains.

Comparing the period between April 1 and June 30 of 2013 and 2014.

New Listings: +10.91%

Closed Sales: -6.85%

(Closed sales in East Mountains: + 14.29%)

Average Sale Price: +4.57%

If you are interested in a more thorough report you can find the full pdf here.

 

http://www.gaar.com/market-statistics/quarterly/2014-2nd-quarter-sales-report