2017 3rd Quarter Market Statistics

Published on Oct 20, 2017

3rd Quarter 2017 - Summary

Detached home sales totaled 3,128 units, a 1.92 percent increase when compared to 3rd quarter 2016.
The median sales price for detached homes increased to $200,250, a 4.30 percent increase from a year ago.
Average sales price for detached homes increased 4.44 percent to $238,409.
Townhome and condo sales totaled 294, an increase of 16.67 percent when compared to the 3rd quarter 2016.
Average sales price for townhomes and condos increased 2.15 percent to $151,302.
Detached homes sold in 42 days on average, 12.50 percent faster than the 48 average days on market for 3rd quarter 2016.
Townhomes and condos sold on average in 43 days. 
3.87 percent increase in the amount of new detached listings in the Greater Albuquerque area when compared to 3rd quarter 2016.
Townhome and condo new listings decreased 2.81 percent.