Albuquerque real estate Quarterly market report

Quarterly

market

2nd

Green Sheet
Eco-friendly version of Market Reports.

REPORT

QTR This data is from the time period between April 1 and June 30 2012 of 2011 and 2012.

New Listings
Detached: 3,988 Attached: 369
2nd QTR 2011 Detached: 4,180 Attached: 410
% Change (Detached)
-4.59%

Closed Sales
Detached: 2,071 Attached: 193
2nd QTR 2011 Detached: 1,915 Attached: 157
% Change (Detached)
+8.15%

Average Sale $
Detached: $209,780 Attached: $140,359
2nd QTR 2011 Detached: $200,314 Attached: $139,419
% Change (Detached)
+4.73%

Sales Volume
(in millions) Detached: $434.5
Attached: $27.1
2nd QTR 2011 Detached: $383.6 Attached: $21.9
% Change (Detached)
+13.27%

Median Sale $
Detached: $173,500 Attached: $135,000
2nd QTR 2011 Detached: $165,000 Attached: $135,000
% Change (Detached)
+5.15%

Days on Market
(average) Detached: 81
Attached: 86
2nd QTR 2011 Detached: 83 Attached: 87
% Change (Detached)
-2.41%

MLS Area Areas 10-121 Area 130 Areas 140-162 Area 170
Area 180 Areas 210-293 Areas 690-760

Closed Sales By Market Area (2nd Quarter Only)
City/County DET Sales 2012 DET Sales 2011 % Change Albuquerque 1,445 1,915 +8.65% Corrales 28 18 +55.56% Rio Rancho 357 353 +1.13% Bernalillo 24 19 +26.32% Placitas 24 17 +41.18% East Mtns./Estancia 91 77 +18.18% Valencia County 102 101 +0.99%

SOURCE: Greater Albuquerque Association of REALTORS® - based on data from the Southwest Multiple Listing Service. Data is deemed reliable not guaranteed. The SWMLS market areas include: City of Albuquerque, Corrales, Placitas, Rio Rancho, Bernalillo, East Mountains/Estancia Basin and most of Valencia County. The green sheet con- tains the same information reported on the full monthly report.