Top Real Estate Agents in Albuquerque, New Mexico

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    • Rank – City SidesFull NameCompanyLocationSides
    1Dominic J SernaKeller WilliamsAlbuquerque, NM 84.0
    2Brynn BrownKeller WilliamsAlbuquerque, NM 50.0
    3Melinda BaisaBerkshire Hathaway HomeServices New Mexico PropertiesAlbuquerque, NM 49.0
    4Brittany LoveExp RealtyAlbuquerque, NM 47.0
    5Jo CookRE/MAX SelectAlbuquerque, NM 45.0
    6Jennifer WilsonRE/MAX SelectAlbuquerque, NM 44.0
    7Elizabeth SaldanaRedfinAlbuquerque, NM 36.0
    8Gina MaesBerkshire Hathaway HomeServices New Mexico PropertiesAlbuquerque, NM 30.0

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    2023 Albuquerque, New Mexico Housing Market Summary

    Albuquerque, New Mexico started 2023 with a total of 547 single-family homes on the market, with a median home price of $399,900 and an average price per square foot of $209. By the end of the year, inventory had increased to 619 homes on the market (+13%), with a median home price of $419,000 (+4%) and an average price per square foot of $218 (+4%).

    At the start of 2023, the median days on market (DOM) was 56 days – by the end of the year, median DOM had remained the same at 56 days.

    Albuquerque started the year with 44% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 44% of Albuquerque homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Albuquerque started 2023 as a strong seller’s market, with an MAI score of 59; by the end of the year, the MAI had dropped to 37 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Real Estate News

    Compass

    Compass adds high-performing teams in Austin, St. Louis 

    Oct 24, 2024By

    The Weiss Group in Austin is returning after a stint with The Agency, bringing its six-agent team and $75 million in 2023 sales back to Compass. In St. Louis, the 10-agent Monschein Team is leaving Berkshire Hathaway HomeServices.

    Housing Market News

    Houses-For Sale, Sold 7

    New-home sales beat estimates but need a dose of reality 

    Oct 24, 2024By

    The new home sales report beat estimates, but the last three months were revised lower in sales, without a recent spike in mortgage rates.

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    Agent News

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    Are agent commissions up or down? It depends on who you ask 

    Oct 24, 2024By

    Questions about commissions linger a year after the Sitzer/Burnett verdict, but brokers are beginning to find patterns in seller behavior.