Albuquerque Real Estate Round-Up: Existing Home Sales Surge in February 2025

Posted on March 20, 2025, by Waylon and Ryan Chavez, ABQ Premiere Properties:

Welcome to the latest edition of the Albuquerque Real Estate Round-Up! If you're keeping an eye on the Albuquerque real estate market, we’ve got some exciting news to share. According to the National Association of REALTORS® (NAR), existing-home sales across the U.S. accelerated by 4.2% in February 2025, reaching a seasonally adjusted annual rate of 4.26 million. This uptick signals a promising shift for homebuyers and sellers alike, and here at ABQ Premiere Properties, Waylon and Ryan Chavez are thrilled to break down what this means for Albuquerque.

A National Boost with Local Impact

The NAR report, released today, March 20, 2025, highlights a 4.2% increase in existing-home sales from January to February, despite a slight 1.2% dip compared to February 2024. What’s driving this growth? NAR Chief Economist Lawrence Yun points to a combination of steady mortgage rates and a growing inventory of homes—up 5.1% from January and a whopping 17% from last year, totaling 1.24 million units nationwide. For Albuquerque, this national trend could translate into more opportunities for buyers and sellers in our vibrant market.

Albuquerque real estate has always been a gem in the Southwest, and this surge in activity is a boon for our community. More inventory means more choices for buyers looking to settle in neighborhoods like Nob Hill, the North Valley, or the burgeoning Westside. For sellers, it’s a chance to capitalize on renewed buyer interest. Whether you’re a first-time homebuyer or a seasoned investor, Waylon and Ryan Chavez at ABQ Premiere Properties are here to guide you through this evolving market.

Why Albuquerque Benefits from This Trend

So, how does this national upswing benefit Albuquerque specifically? Let’s dive into the local advantages:

1. Increased Housing Options: With inventory rising nationally, Albuquerque real estate is likely seeing a similar influx of available homes. This gives buyers more negotiating power and a better shot at finding their dream home in areas like Sandia Heights or the historic Old Town district.
2. Stable Market Conditions: The NAR report notes that mortgage rates have held steady, encouraging hesitant buyers to take the plunge. In Albuquerque, where affordability remains a key draw compared to larger metros, this stability could spark even more activity.
3. Economic Ripple Effect: A thriving real estate market boosts local businesses, from contractors to furniture stores. As more homes change hands, Albuquerque’s economy gets a lift, supporting our city’s growth and charm.
4. Attracting New Residents: With its unique blend of culture, outdoor recreation, and affordability, Albuquerque is already a magnet for newcomers. A robust housing market only enhances our appeal, drawing more folks to experience the Land of Enchantment.

At ABQ Premiere Properties, we’ve seen firsthand how these trends play out in our city. Waylon and Ryan Chavez are committed to helping you navigate this dynamic landscape, whether you’re buying, selling, or just exploring your options.

Partner with ABQ Premiere Properties

As Albuquerque’s real estate market heats up, there’s no better time to work with local experts who know the ins and outs of our city. Waylon and Ryan Chavez bring years of experience and a passion for helping clients achieve their real estate goals. From crafting the perfect offer to staging your home for a quick sale, ABQ Premiere Properties is your trusted partner in this exciting market.

Looking to buy in Albuquerque? We’ll help you find a property that fits your lifestyle, whether it’s a modern downtown condo or a sprawling ranch in the East Mountains. Selling your home? Our tailored strategies ensure you get top dollar in this competitive environment. With the February 2025 existing-home sales surge as a backdrop, now’s the moment to act.

What’s Next for Albuquerque Real Estate?

The NAR data suggests we’re seeing the release of pent-up housing demand, and Albuquerque is poised to ride this wave. As inventory grows and buyers re-enter the market, our city could see a busy spring season. Keep an eye on mortgage rates and local listings—Waylon and Ryan Chavez will be here with updates and insights to keep you ahead of the curve.

Ready to make your move in the Albuquerque real estate market? Contact ABQ Premiere Properties today! Let’s turn this national trend into your personal success story. Call us or visit our website to get started—your Albuquerque dream home is waiting.

Waylon and Ryan Chavez are your go-to experts for all things Albuquerque real estate and you can contact them directly at 505-712-1340. Stay tuned to the Albuquerque Real Estate Round-Up for the latest market news and tips from ABQ Premiere Properties!