Single-family Detached Homes
The May housing market in the Greater Albuquerque area saw a 22.00% increase for closed homes sales from April 2012 while pending sales saw a 3.58% increase from April.
Median Sale Price for May
Albuquerque $173,350
Rio Rancho $165,834
Albuquerque Single-family Detached
877 new listings
674 pending
522 closed sales with an average of 81 days on the market.
Rio Rancho Single-family Detached
205 new listings
194 pending
126 closed sales with an average of 84 days on the market.
View a full report of May statistics.
SOURCE: Greater Albuquerque Association of REALTORS®
- based on data from the
the Southwest Multiple Listing Service. Data is deemed reliable not guaranteed.
About Crystal Porter
