2017 Annual Market Statistics

Published on Jan 31, 2018

For the 2017 Greater Albuquerque area housing market:

• The average annual sales price for single-family detached homes rose 4.89% to $235,206
• The median annual sales price for single-family detached homes grew 3.77% to $196,900
• The number of attached and detached home sold jumped 7.28% to 12,620 transactions this year
• Inventory of the 3,407 existing homes for sale is at its lowest level since 2006