Market Conditions

Written by Realty Times Staff Posted On Tuesday, 04 September 2007 17:00
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  • State: Alabama
  • SOLD: 2

One of few cities with a forecast for appreciating home values, Albuquerque, NM, could be just what you are looking for!

Median home prices are expected to rise 9 percent this year. And CNN Money reports the area as the best in the West.

The average asking price for a new home is $253,431.

A large inventory of homes is still available for sale -- with home sales slightly slowed. Days on market time is 74.

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