T
he Albuquerque metro area's real estate market is experiencing a surge, with more homes for sale and a shorter time to sell. According to local realtor Skip Adams of #SoldBySkip, properties are typically on the market for just 25 days before selling. Additionally, homes are often selling at or above their listed price, with an average sales price of over $415,000 in Rio Rancho's 87144 zip code. This area is seeing significant growth, with median prices up 6% from last year and a 7% increase in pending sales.