December 2016 Market Statistics

Published on Jan 10, 2017

Welcome To The Greater Albuquerque Association of REALTORS® New Monthly Market Report  – "December Monthly Indicators." 

In addition to the main, market-wide report, we also have market snapshots by zip code and MLS areas. Contact eva@gaar.com for to request a specific zip code or MLS area.

Highlights: 

• the median detached price rose 8.6 percent to $190,000
• the average detached price rose 7.8 percent to $222,115
• the number of new listings rosr 5.6 percent for single-family detached homes and dropped 10.0 percent for condos, townhomes and other attached homes
• overall inventory of detached homes for sale dropped 20.9percent in December