[vc_row][vc_column][vc_column_text]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.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text]
Belen 87002 Housing Inventory
- 2.78,2.25,2.33,2.63,2.33,2.62,2.71,3.21,3.38,3.4,3.56,3.22
Information is deemed to be reliable, but is not guaranteed. © 2023
Bernalillo 87004 Housing Inventory
- 1.46,1.1,1.31,0.95,1.36,1.61,1.43,1.77,1.91,2.89,2.77,2.43
Information is deemed to be reliable, but is not guaranteed. © 2023
Cedar Crest 87008 Housing Inventory
- 1.07,1.44,1.5,1.02,1.09,1.8,2.63,3.64,2.91,2.55,2.4,2.62
Information is deemed to be reliable, but is not guaranteed. © 2023
Edgewood 87015 Housing Inventory
- 1.2,0.68,1.14,1.13,1.55,1.6,1.8,2.05,1.81,1.95,1.98,1.84
Information is deemed to be reliable, but is not guaranteed. © 2023