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2015 Real Estate Market Recap for the Greater Albuquerque area


The stats are out recapping 2015 Real Estate market for the Greater Albuquerque area! In 2015 the interest rates were lower than they were in 2014, more homes sold and there were less homes available!

  • In 2014 the interest rates ranged from 4.02%-4.55% but dropped in 2015 to 3.79%-4.13%
  • There were 10,928 sale in 2015 which is up from the 9,457 sales in 2014. Thats a 15.55% increase!! I have been in the business since 2002 and the most amount of sales I have seen in 1 year was 13,448(2005) and the least amount of sales I have seen in 1 year was 7,181(2010)
  • Year end inventory was also down. In December of 2014 there were 4,212 homes available for sale but in December of 2015 there were only 3,407(-19.11%)

The link below is the full report if you would like to read it in greater detail. It has a breakdown of specific areas and also has the stats broken down on a monthly basis

2015 Greater Albuquerque Association of Realtors (GAAR) full report 

2016 is going to be a great year to sell your home and I would love to help you do it! Please contact me If you or someone you know is in the market to sell your home OR if you are just curious to know the value of your home in todays market. I will provide you with your value free of charge!

Free Home Valuation!!

I am happy to provide you with a free valuation of your home in todays market. Please briefly describe your home and the purpose of your valuation request and we will get back with you shortly. Please include your address, square footage # of bedrooms, bathrooms, garages etc. Overall condition of your home and anything else you think might affect the value of your home would also be helpful
About Michael Dunn

Coldwell Banker Legacy Realtors
8200 Carmel NE Ste. 103A
Albuquerque, NM 87122
(505) 379-5849 call or text
Contact Michael to buy, sell or if you just want information about the real estate market! He has been a full time Realtor for over 13 years! He can also help you when relocating to other parts of the country!

Coldwell Banker Legacy Realtors (505) 292-8900 8200 Carmel NE Ste. 103A Albuquerque, NM 87122