Albuquerque real estate statistics

List Price/Sales Price Ratios

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This is a chart that shows how much homes have sold for as a ratio between Listing Price and actual Selling Price

As the market becomes more robust, homes sell closer to list price – over 2017 you can see a steady decrease in the spread between List Price and Selling Price.

It’s a great indicator of not only Days on Market, but the general state of the real estate market as well.

 

For more information about the Albuquerque real estate market, feel free to reach out to me anytime!

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