Realtors Paul and Judy Wilson, are reporting that the Albuquerque, New Mexico, market may have cooled slightly, but is continuing on strong, with an inventory of over 7,000 home available -- up as much as 3 times from 2 years ago.

They note that "pricing continues to rise all over the metropolitan area, with "average" properties in the area valued at between $125 and $150 per square foot."

This rise in pricing was predicted by Fortune magazine, who in 2006 placed the city as #3 on its list of places to buy in 2007.

Median home price is reported at $234,000 at this time.

Aiding the Albuquerque market as well? An influx of buyers from high priced neighboring states of California and Nevada.

For information on your area, please click here.

Click here to view current Market Conditions in your location.

Published: December 3, 2007

Use of this article without permission is a violation of federal copyright laws.