Albuquerque
Albuquerque's fall pivot shows selective demand, with more homes available but premium properties commanding premiums in family-friendly enclaves. Core stats:
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Median Sale Price: $390,000 – Remaining steady from early fall, a 3.8% YoY gain as eco-upgrades and views drive value in sustainable builds, providing a stable market for investors and homeowners.
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Days on Market: 47 days average – Slightly longer than summer's frenzy, with rates stabilizing near 6.1%.
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New Listings: 176 weekly – Increased active inventory to 2,481 homes, a 25% YoY rise that softens competition and favors strategic pricing, signaling a positive trend for the market.
Data referenced from movoto.com
Santa Fe
Santa Fe's seasonal shift reveals a buyer's edge emerging, with expanded choices tempering the frenzy but sustaining value in culturally rich pockets, providing a favorable market for potential buyers.
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Median Sale Price: $633,000 – A robust 12.1% YoY climb, fueled by demand for energy-efficient upgrades and panoramic views in eco-conscious builds.
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Days on Market: 76 days average – Up from last year's 54, granting negotiation room as rates hover at 6.2% and inventory eases pressure.
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New Listings: 90 weekly – Pushing active stock toward 1,000+ homes, a 19.7% YoY surge statewide that cools bidding wars and rewards precise pricing.
Data referenced from redfin.com & houzeo.com
