Rio Rancho Housing Market

February 2015

Average Sales Price Increase 9.8% February 2015

Rio Rancho Housing Market Home Pricing February 2015


Rio Rancho housing market experienced an increase in the average sales price of homes in Rio Rancho by 9.8% to $179,099 in February 2015 compared to $163,114 in February 2014. The average sales price of Rio Rancho homes in January 2015 was $167,995.


Rio Rancho housing market experienced an increase in median sales price of Rio Rancho homes by 1.94% to $158,000 in February 2015 compared to $155,000 in February 2014. The median sales price of Rio Rancho homes in January 2015 was $163,250. Click here to search for Rio Rancho NM homes for sale.



Rio Rancho Housing Market Homes Sales February 2015


Rio Rancho housing market experienced an decrease in the number of Rio Rancho New Mexico homes sold by 14.81% to 92 homes in February 2015 compared to 108 homes in February 2014. The number of Rio Rancho homes sold in January 2015 was 108.


Rio Rancho housing market experienced a decrease in the number of Rio Rancho New Mexico homes pended by 15.69% to 172 in February 2015 compared to 204 homes in February 2014. The number of Rio Rancho homes pended in January 2015 was 162. Pended homes is defined as the buyer and seller have agreed to terms on the sale of the home. However, the transaction is not complete and is an indicator to future home sales in Rio Rancho.



Rio Rancho Housing Market Home Inventory February 2015

Rio Rancho housing market experienced a increase in the total inventory of homes for sale in Rio Rancho by 3.69% to 646 in February 2015 compared to 623 in February 2014. The inventory of Rio Rancho homes for sale in January 2015 was 665.


Rio Rancho housing market experienced a increase in the number of new Rio Rancho NM homes for sale by 5.37% to 216 in February 2015 compared to 205 in February 2014. The number of new listings of Rio Rancho homes for sale in January 2015 was 241.


Rio Rancho housing market experienced a decrease in the number of days on market to sell a home in Rio Rancho by 20% to 64 days in February 2015 compared to 80 days in February 2014. The number of days on the market in Rio Rancho in January 2015 was 73.


All data is provided by the Greater Association of Rio Rancho Realtors February 2015 market statistics.


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