Top Small Teams in Albuquerque, New Mexico – Ranked By Volume
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|Rank – City Volume||Team Name||Company||Location||Volume||Profile|
|1||ABQ DREAM HOME BY VERONICA GONZALES||Keller Williams Realty Albuquerque||Albuquerque, NM||$44,336,641||View Profile|
|2||The Jan Demay Team||Coldwell Banker Legacy||Albuquerque, NM||$41,622,500||View Profile|
|3||THE SHAFFER GROUP||Keller Williams Realty Albuquerque||Albuquerque, NM||$32,253,188||View Profile|
|4||Greg Lobberegt Team||Coldwell Banker Legacy||Albuquerque, NM||$32,071,474||View Profile|
|5||The Nancy Bashore Team||RE/MAX Alliance||Albuquerque, NM||$28,554,620||View Profile|
|6||Millennium Properties Team LLC||eXp Realty, LLC||Albuquerque, NM||$27,270,482||View Profile|
|7||Sauder Team||Coldwell Banker Legacy||Albuquerque, NM||$24,641,631||View Profile|
|8||The Long Group||Coldwell Banker Legacy||Albuquerque, NM||$24,178,526||View Profile|
2022 Market Summary
Albuquerque, New Mexico started 2022 with a total of 273 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $197. By the end of the year, inventory had increased to 614 homes on the market (+124%), with a median home price of $385,000 (-3%) and an average price per square foot of $209 (+6%).
At the start of 2022, the median days on market (DOM) was 35 days – by the end of the year, median DOM had increased to 56 days.
Albuquerque started the year with 27% 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 45% of Albuquerque homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Albuquerque started 2022 as a strong seller’s market, with an MAI score of 76; by the end of the year, the MAI had dropped to 42 – a slight seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
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