SOME DUKE CITY HOME SALES TAKE LONGER THAN OTHERS

 

FOR SOME SELLERS IT'S A WAITING GAME, FOR OTHERS IT'S OVER RIGHT AWAY. THAT'S THE SITUATION WHEN IT COMES TO HOME SALES IN ALBUQUERQUE. JOHN KYNOR WITH THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THE AVERAGE NUMBER OF DAYS ON THE MARKET LAST MONTH WAS 67, UP TWO DAYS FROM MAY OF LAST YEAR. HE TELLS US THE PRICE AND CONDITION OF A HOME CAN LEAD TO A QUICK SALE. SOME SELL OVERNIGHT … OTHERS TAKE MONTHS TO SELL.

THE LATEST NUMBERS ALSO SO A AN INCREASE IN THE AVERAGE PRICE FOR A HOME. IT'S NOW AT 223-THOUSAND DOLLARS, UP FROM 211-THOUSAND DOLLARS IN MAY OF LAST YEAR.