2016 Annual Market Statistics

Published on Jan 31, 2017

For the 2016 Greater Albuquerque area housing market:

• The average annual sales price for single-family detached homes rose 4.13% to $224,230
• The median annual sales price for single-family detached homes grew 5.42% to $189,755 
• The number of attached and detached home sold jumped 7.65% to 11,764 transactions this year
• Inventory of the 3,247 existing homes for sale is at its lowest level since May 2006