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2017 1st Quarter Market Report

1st Quarter 2017 - Summary

  • Detached home sales totaled 2,296 units, a 6.64 percent increase when compared to 1st quarter 2016.
  • The median sales price for detached homes increased to $187,000, a 4.47 percent increase from a year ago.
  • Average sales price for detached homes increased 3.27 percent to $223,288.
  • Townhome and condo sales totaled 218, an increase of 4.31 percent when compared to the 1st quarter 2016.
  • Average sales price for townhomes and condos increased 6.11 percent to $146,437.
  • Detached homes sold in 58 days on average, 10.77 percent faster than the 65 average days on market for 1st quarter 2016.
  • Townhomes and condos sold on average in 53 days. 
  • 1.41 percent decrease in the amount of new detached listings in the Greater Albuquerque area when compared to 1st quarter 2016.
  • Townhome and condo new listings increased 10.33 percent.

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Full Market Report

Green Market Report


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