Site icon Polvadera Chiles and New Mexico News

Median sales price for Albuquerque homes reach new highs … again

Because of low inventory, a competitive bidding process among prospective buyers has driven up the sales price between $25,000 and $50,000 above the list price sometimes, said Bridget Gilbert, Greater Albuquerque Association of Realtors’ 2022 president.

Source: The Business Journal

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