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
- 6.34,5.83,6.17,5.98,5.49,5.81,5.57,5.78,5.6,5.24,5.46,5.9
Information is deemed to be reliable, but is not guaranteed. © 2019
Bernalillo 87004 Housing Inventory
- 5.53,5.77,6.06,4.62,5.21,4.84,4.04,3.89,4.76,4.35,4.1,3.73
Information is deemed to be reliable, but is not guaranteed. © 2019
Cedar Crest 87008 Housing Inventory
- 2.45,1.68,2.16,1.83,3.06,3.2,3.82,1.91,1.79,1.6,2.23,3.91
Information is deemed to be reliable, but is not guaranteed. © 2019
Edgewood 87015 Housing Inventory
- 4.97,4.7,4.91,4.34,3.92,3.54,3,2.73,3.49,3.48,4.05,4.32
Information is deemed to be reliable, but is not guaranteed. © 2019