Albuquerque real estate stats for July 2013 including active, pending and closed home sales info plus average days on market, average sales price and months of inventory information by Albuquerque Real Estate Agent Rich Cederberg, eXp Realty.

1. Albuquerque Real Estate Stats
July 2013
Presented by
Albuquerque Real Estate Agent Rich Cederberg
eXp Realty
(505) 750-1846

2. Active, Pending and Closed Sales July 2013
It was another very good month for the Albuquerque Real Estate Market.
Closed sales (the dark green bars) were up 26.9%. Pending sales (the red lines)
were up 24.2%. Active listings were up a modest 3.3% as sellers who have
been holding out for better times are listing their homes now.

3. Average Days on Market July 2013
The average days on market stat which averages the number of days from
when a house is first listed until a contract is accepted and its status is
changed to pending, was down from 79 days in July 2012 to 67 days in July
2013. That’s an improvement of 15.2%.

4. Months of Home Inventory July 2013
This stat best represents the feel on the street. To get this number you take
the active listings and divide that number by the closed sales in a month. The
resulting number is the number of months it would take to sell all the homes
on the market. The lower the number, the hotter the market.

5. Average Sales Price July 2013
The average sales price appears to be recovering over the last three
months. In July 2012, the average sales price was $202,000. July 2013
that number was up to $218,000. That’s a strong 7.9% increase.

6. By Albuquerque Real Estate Agent Rich Cederberg
eXp Realty
(505) 750-1846
To view more Albuquerque Real Estate Stats
visit my blog at
AlbuquerqueRealEstateBuzz.com

7. To search for homes visit
AlbuquerqueRealEstatePlace.com
These Albuquerque real estate statistics were provided by the Greater Albuquerque Association of REALTORS® data on
08/15/2013. This data is reflective of homes which were listed on the Albuquerque MLS; private sales are not included.
(505) 750-1846