2014 annual market report

Page 1

Greater Albuquerque Association of REALTORS® Phone: (505) 842-1433 / Fax: (505) 842-0448

Greater Albuquerque Area Monthly Housing Trends - 2013 vs. 2014 Class R1 (Existing Single-Family Detached) and Class R2 (Existing Condo/Townhome Attached) homes Data on this page was obtained from the Monthly Market Reports pulled from the MLS on the 5th of each month. Month

Average $, 2013

Average $, 2014

Median $, 2013

Median $, 2014

Interest Rate '13

Interest Rate '14

Sales 2013

Sales 2014

Pending 2013

Pending 2014

New 2013

New 2014

JANUARY Class R1 Class R2

$186,051 $131,890

$203,687 $142,447

$158,000 $120,000

$167,900 $128,000

3.70%

4.55%

480 51 531

539 47 586

788 71 859

769 75 844

1,247 1,288 107 128 1,354 1,416

FEBRUARY Class R1 Class R2

$203,514 $132,833

$198,483 $137,105

$168,500 $127,000

$169,000 $136,000

3.84%

4.41%

542 54 596

550 59 609

750 73 823

793 68 861

1,095 1,259 106 116 1,201 1,375

MARCH Class R1 Class R2

$202,605 $147,025

$202,672 $131,842

$175,000 $135,000

$170,000 $128,700

3.82%

4.44%

672 59 731

695 62 757

908 96 1,004

950 77 1,027

1,388 1,613 149 169 1,537 1,782

APRIL Class R1 Class R2

$197,908 $142,697

$215,560 $145,299

$168,000 $126,750

$175,000 $140,000

3.70%

4.43%

729 72 801

721 52 773

1,045 95 1,140

976 73 1,049

1,519 1,756 144 195 1,663 1,951

MAY Class R1 Class R2

$211,505 $145,728

$223,193 $148,291

$174,900 $139,750

$180,000 $130,000

3.78%

4.27%

903 84 987

797 81 878

1,053 110 1,163

996 115 1,111

1,581 1,734 151 160 1,732 1,894

JUNE Class R1 Class R2

$212,456 $147,401

$213,504 $142,291

$172,000 $144,750

$180,000 $130,000

4.27%

4.23%

859 94 953

800 71 871

992 95 1,087

939 90 1,029

1,588 1,727 137 145 1,725 1,872

JULY Class R1 Class R2

$222,505 $139,787

$230,750 $142,363

$182,000 $129,900

$190,000 $136,000

4.60%

4.21%

939 107 1,046

823 75 898

997 106 1,103

986 85 1,071

1,578 1,592 156 131 1,734 1,723

AUGUST Class R1 Class R2

$223,533 $129,882

$216,148 $145,409

$182,500 $126,500

$184,100 $136,542

4.64%

4.20%

857 84 941

822 73 895

886 104 990

857 94 951

1,429 1,554 152 142 1,581 1,696

SEPTEMBER Class R1 $212,307 Class R2 $139,424

$208,936 $143,437

$177,500 $128,000

$175,000 $140,000

4.67%

4.24%

769 73 842

703 73 776

770 52 822

854 82 936

1,213 1,316 108 144 1,321 1,460

OCTOBER Class R1 Class R2

$208,152 $150,922

$212,905 $145,206

$166,000 $141,250

$175,000 $136,000

4.41%

4.11%

723 66 789

758 69 827

762 82 844

831 75 906

1,249 1,368 136 149 1,385 1,517

NOVEMBER Class R1 Class R2

$207,986 $149,266

$215,899 $161,952

$170,000 $150,000

$175,000 $152,000

4.37%

4.09%

566 51 617

601 57 658

729 53 782

738 81 819

1,091 980 96 94 1,187 1,074

DECEMBER Class R1 Class R2

$219,909 $145,313

$211,523 $153,154

$185,000 $136,500

$177,000 $139,000

4.54%

4.01%

655 58 713

656 71 727

632 64 696

649 66 715

903 104 1,007

Class R1 Active Listings as of 01/22/2014: Class R2 Active Listings as of 01/22/2014: Class R1 & R2 Actives as of 01/22/2014:

3,927 384 4,311

Class R1 Active Listings as of 01/22/2015: Class R2 Active Listings as of 01/22/2015: Class R1 & R2 Actives as of 01/22/2015:

3,837 351 4,188

Interest Rate Data obtained from HSH.com, based on a 30 Year Fixed rate mortgage.

© 2015 Greater Albuquerque Association of REALTORS ® Based on data from the Southwest Multiple Listing Service. Data is deemed reliable not guaranteed.

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