[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
- 1.9,2.32,2.46,2.62,2.94,2.92,2.98,3.22,2.83,2.28,1.63,1.57
Information is deemed to be reliable, but is not guaranteed. © 2022
Bernalillo 87004 Housing Inventory
- 1.39,1.06,0.95,0.73,0.85,0.71,1.33,1.18,0.88,0.63,0.43,0.82
Information is deemed to be reliable, but is not guaranteed. © 2022
Cedar Crest 87008 Housing Inventory
- 2.35,2.35,2.45,2.4,3,2.59,2.16,1.41,1.26,0.86,0.64,1.26
Information is deemed to be reliable, but is not guaranteed. © 2022
Edgewood 87015 Housing Inventory
- 1,1.62,2.02,1.99,2.15,2.07,1.29,0.99,0.94,0.81,0.76,0.91
Information is deemed to be reliable, but is not guaranteed. © 2022