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June 2016 Market Report

The Albuquerque-area housing market’s positive sales trend continued into the early summer. The number of homes sold, the average and median price, and the speed in which they sell all show sustained improvements, while the number of homes available for sale continued to drop. Compared to June 2015, median detached home prices for the month of June rose 4.30 percent to $199,000 and the average home sales price grew 3.88 percent to $235,110. 


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