Absorption Rate (in Months) is a measurement of Supply vs. Demand. It is calculated by dividing the number of homes sold in a month by the number of homes on the market. A higher number equates to more supply and a lower number means less supply. A 6 month supply is generally considered a Balanced Market.
Belen 87002 Housing Inventory
- 4.9,4.2,3.97,3.67,3.68,2.93,2.86,2.62,2.68,2.46,2.39,1.94
Information is deemed to be reliable, but is not guaranteed. © 2021
Bernalillo 87004 Housing Inventory
- 2.73,2.69,3.4,3.02,3.47,2.9,2.48,2.8,2.92,2.61,2.44,1.77
Information is deemed to be reliable, but is not guaranteed. © 2021
Cedar Crest 87008 Housing Inventory
- 1.79,2.13,1.64,2,2,1.89,1.6,0.59,1.09,0.26,1.22,1.75
Information is deemed to be reliable, but is not guaranteed. © 2021
Edgewood 87015 Housing Inventory
- 2.59,1.88,2.06,2.05,1.79,1.9,1.9,1.53,1.55,1.57,1.77,1.34
Information is deemed to be reliable, but is not guaranteed. © 2021