2017 2nd Quarter Market Statistics

Published on Jul 20, 2017

2nd Quarter 2017 - Summary

Detached home sales totaled 3,380 units, a 11.59 percent increase when compared to 2nd quarter 2016.
The median sales price for detached homes increased to $199,000, a 3.38 percent increase from a year ago.
Average sales price for detached homes increased 5.23 percent to $239,934.
Townhome and condo sales totaled 336, an increase of 7.35 percent when compared to the 2nd quarter 2016.
Average sales price for townhomes and condos increased 1.70 percent to $153,495.
Detached homes sold in 46 days on average, 8.00 percent faster than the 50 average days on market for 2nd quarter 2016.
Townhomes and condos sold on average in 50 days. 
8.05 percent increase in the amount of new detached listings in the Greater Albuquerque area when compared to 2nd quarter 2016.
Townhome and condo new listings increased 5.47 percent.