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Susan Blackwell
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2016 Annual Market Statistics – Trending Back to Business

2016 Annual Market Statistics

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