November 2016 Market Statistics

Published on Dec 12, 2016

Welcome To The Greater Albuquerque Association of REALTORS® New Monthly Market Report  – "November 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 2.8 percent to $185,000
• the average detached price rose 2.7 percent to $218,795
• the number of new listings dropped 6.4 percent for single-family detached homes and rose 5.7 percent for condos, townhomes and other attached homes
• overall inventory of detached homes for sale dropped 18.8 percent in November