HOMES IN THE GREATER ALBUQUERQUE AREA ARE SELLING FASTER LATELY … IN AN AVERAGE OF 48 DAYS IN JULY, AUGUST AND SEPTEMBER COMPARED TO 58 DAYS FOR THE SAME MONTHS LAST YEAR. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS REPORTS CONDOS AND TOWNHOMES ARE SELLING EVEN FASTER.
A YEAR AGO, THOSE SOLD IN 64 DAYS. THAT’S NOW DOWN TO 46 DAYS THIS YEAR. ASSOCIATION PRESIDENT JON SCHNOOR SAYS THE HOMES THAT ARE REASONABLY PRICES AND SHOW WELL SELL THE FASTEST.
AREAS WITH THE MOST SALES ARE THE NORTHEAST HEIGHTS, THE SOUTHWEST HEIGHTS, AND MID RIO RANCHO.
