Albuquerque Housing Market Heats Up In 2015
Albuquerque Housing Market Home Pricing March 2015
Albuquerque housing market experienced a increase in the average sales price of homes in Albuquerque by 5.51% to $216,014 in March 2015 compared to $204,730 in March 2014. The average sales price of Albuquerque homes in February 2015 was $206,061.
Albuquerque housing market experienced an increase in median sales price of Albuquerque homes by 2.79% to $178,750 in March 2015 compared to $173,900 in March 2014. The median sales price of Albuquerque homes in February 2015 was $174,950.
Albuquerque Housing Market Homes Sales March 2015
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes sold by 8.48% to 550 homes in March 2015 compared to 507 homes in March 2014. The number of Albuquerque homes sold in February 2015 was 378.
Albuquerque housing market experienced an increase in the number of Albuquerque New Mexico homes pended by 22.68% to 768 in March 2015 compared to 626 homes in March 2014. The number of Albuquerque homes pended in February 2015 was 625. Pended homes is 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 to future home sales in Albuquerque.
Albuquerque Housing Market Home Inventory March 2015
Albuquerque housing market experienced a decrease in the total inventory of homes for sale in Albuquerque by 11.04% to 2,144 in March 2015 compared to 2,410 in March 2014. The inventory of Albuquerque homes for sale in February 2015 was 2,111.
Albuquerque housing market experienced a decrease in the number of new Albuquerque NM homes for sale by 1.37% to 1,007 in March 2015 compared to 1,021 in March 2014. The number of new listings of Albuquerque homes for sale in February 2015 was 794.
Albuquerque housing market experienced a decrease in the number of days on market to sell a home in Albuquerque by 2.94% to 66 days in March 2015 compared to 68 days in March 2014. The number of days on the market in Albuquerque in February 2015 was 70.
All data is provided by the Greater Association of Albuquerque Realtors March 2015 market statistics.
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