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SALESTRAQ TM Of New Mexico New Home Base Price Stats Albuquerque / Rio Rancho / Los Lunas. $183,990. $169,950. $166,990. $145,990. $227,775. $186,995. $155,213. $127,596. $233,860. $227,050. $196,576. $182,383. $220,495. $183,990. $166,990. $165,600. - PowerPoint PPT Presentation
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SALESTRAQTM
Of New Mexico
New Home Base Price Stats
Albuquerque / Rio Rancho / Los Lunas
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
Base(brochure)
PriceJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month
ALBUQUERQUE 2004/2005 "Median" New Home Base Price Comparisons
2004
2005
$145,990
$166,990
$183,990
$169,950
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
Base(brochure)
Price
SW NW
Month
2004/2005 ALBUQUERQUE WEST MESA "average" base prices (1-year comparison)
Nov-04
Nov-05
$127,596
$186,995
$155,213
$227,775
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
Base(brochure)
Price
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month
2005 ALBUQUERQUE / RIO RANCHO "Average" New Home Base Price Comparisons
ABQ
R.R.
$196,576
$182,383
$233,860$227,050
$160,000
$170,000
$180,000
$190,000
$200,000
$210,000
$220,000
Base(brochure)
Price
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Month
2005 ALBUQUERQUE / RIO RANCHO "Median" New Home Base Price Comparisons
ABQ
R.R.
$166,990 $165,600
$220,495
$183,990
THE THIRD QUARTER
ECONOMIC THEME WASKatrina, Rita
and …
METAMORPHOSISMETAMORPHOSIS
DUKE CITY IS UNDERGOING
MAJOR CHANGES!
METAMORPHOSISMETAMORPHOSIS LIGHT RAIL PATH
• STARTS THIS FALL …
• FIRST LEG FROM BELEN TO SANDOVAL
DUKE CITY
METAMORPHOSISMETAMORPHOSIS• 57,000 ACRES SOLD?
• LATE AUGUST, WESTLAND AGREED TO SELL IT VIA
STOCK TRANSFER.
• STRETCHES WEST TO THE RIO PUERCO
DUKE CITY
METAMORPHOSISMETAMORPHOSIS
LOOK FOR MIXED USE COMPONENTS IN THE PLANNING
OF THE 57,000 ACRES.
DUKE CITY
METAMORPHOSISMETAMORPHOSIS
WILL ALBUQUERQUE BECOME THE SECOND MAJOR CITY IN THE US
TO GO WIFI?
INTEREST RATES
0
1
2
3
4
5
6
7
8
TODAY 1 MONTH 6 MONTHS
PRIME
30K H. EQ.
30-YEAR
15-YEAR
3/1 ARM
0
1
2
3
4
5
6
7
8
TODAY 1 MONTH 6 MONTHS
PRIME
30K H. EQ.
30-YEAR
15-YEAR
3/1 ARM
CONCLUSION:CONCLUSION:• THE ASSET TRANSFER THE ASSET TRANSFER
IS NOW IN ITS IS NOW IN ITS SEVENTH YEARSEVENTH YEAR
• IT GETS BIGGER EVERY IT GETS BIGGER EVERY YEAR.YEAR.
Albuquerque RECAPAlbuquerque RECAPAlbuquerque RECAPAlbuquerque RECAP
A RED HOT A RED HOT MARKET WITH MARKET WITH
A FUTURE!A FUTURE!
A RED HOT A RED HOT MARKET WITH MARKET WITH
A FUTURE!A FUTURE!
