Albuquerque Real Estate Market Inventory September 2015
Albuquerque's housing market experienced a decrease in the total inventory of homes for sale in Albuquerque by 19.38% to 2,329 in September 2015 compared to 2,889 in September 2014. The inventory of Albuquerque homes for sale in August 2015 was 2,342.
Albuquerque housing market experienced an increase in the number of Albuquerque NM homes listed for sale by 2.17% to 893 in September 2015 compared to 874 in September 2014. The number of new listings of Albuquerque homes for sale in August 2015 was 945.
Albuquerque housing market experienced a decrease in the number of days on market to sell a home in Albuquerque by 20% to 48 days in September 2015 compared to 60 days in September 2014. The number of days on the market in Albuquerque in August 2015 was 48.
Albuquerque Real Estate Market Home Sales September 2015
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes sold by 24.63% to 592 homes in September 2015 compared to 475 homes in September 2014. The number of Albuquerque homes sold in August 2015 was 678.
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes pended by 15.38% to 675 in September 2015 compared to 585 homes in September 2014. The number of Albuquerque homes pended in August 2015 was 717. 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 Real Estate Market Pricing September 2015
Albuquerque's housing market experienced an increase in the average sales price of homes in Albuquerque by 5.53% to $226,806 in September 2015 compared to $214,924 in September 2014. The average sales price of Albuquerque homes in August 2015 was $232,419.
Albuquerque's housing market experienced an increase in the median sales price of Albuquerque homes by 3.91% to $181,850 in September 2015 compared to $175,000 in September 2014. The median sales price of Albuquerque homes in August 2015 was $194,000.
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All data is provided by the Greater Association of Albuquerque Realtors' September 2015 market statistics.
Myers & Myers Real Estate is a full-service residential brokerage with the best Albuquerque real estate agents helping sellers and buyers of homes for sale in Corrales New Mexico, Homes for sale in Los Lunas NM, Rio Rancho, Albuquerque, Bosque Farms, and Valencia County.
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