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
- 6.5,5.95,6.12,5.91,5.88,5.02,4.9,4.2,3.97,3.63,3.59,2.7
Information is deemed to be reliable, but is not guaranteed. © 2020
Bernalillo 87004 Housing Inventory
- 3.5,4.6,4.35,4.5,3.35,3.12,2.64,2.6,3.31,2.93,3.38,2.81
Information is deemed to be reliable, but is not guaranteed. © 2020
Cedar Crest 87008 Housing Inventory
- 4.74,4,3.57,2.53,1.76,1.6,1.79,2.13,1.64,2,2,1.89
Information is deemed to be reliable, but is not guaranteed. © 2020
Edgewood 87015 Housing Inventory
- 4.02,3.62,3.71,3.57,3.16,2.49,2.59,1.88,2.06,2.05,1.75,1.76
Information is deemed to be reliable, but is not guaranteed. © 2020