Albuquerque Housing Market Homes Sales July 2015
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes sold by 20.00% to 693 homes in July 2015 compared to 565 homes in July 2014. The number of Albuquerque homes sold in June 2015 was 693.
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes pended by 22.09% to 807 in July 2015 compared to 661 homes in July 2014. The number of Albuquerque homes pended in June 2015 was 808. Pended homes are defined as the buyer and seller have agreed to terms on the sale of the home. However, the transaction is not complete and is an indicator of future home sales in Albuquerque.
Albuquerque Housing Market Home Inventory July 2015
Albuquerque housing market experienced an increase in the number of new Albuquerque NM homes listed for sale by 6.41% to 1,096 in July 2015 compared to 1,030 in July 2014. The number of new listings of Albuquerque homes for sale in June 2015 was 1,089.
Albuquerque's housing market experienced a decrease in the total inventory of homes for sale in Albuquerque by 17.46% to 2,351 in July 2015 compared to 2,887 in July 2014. The inventory of Albuquerque homes for sale in June 2015 was 2,351.
Albuquerque's housing market experienced a decrease in the number of days on market to sell a home in Albuquerque by 10.91% to 55 days in July 2015 compared to 54 days in July 2014. The number of days on the market in Albuquerque in June 2015 was 51.
Albuquerque Housing Market Home Pricing July 2015
Albuquerque's housing market experienced a decrease in the average sales price of homes in Albuquerque by 6.83% to $217,319 in July 2015 compared to $233,648 in July 2014. The average sales price of Albuquerque homes in June 2015 was $235,208.
Albuquerque's housing market experienced a decrease in the median sales price of Albuquerque homes by 2.89% to $184,500 in July 2015 compared to $190,000 in July 2014. The median sales price of Albuquerque homes in June 2015 was $195,000.
All data is provided by the Greater Association of Albuquerque Realtors' July 2015 market statistics.
Myers & Myers Real Estate is a full-service residential brokerage helping sellers and buyers of homes for sale in Corrales New Mexico, and Homes for sale in Los Lunas NM, Rio Rancho, Albuquerque, Bosque Farms, and Valencia County.
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