Albuquerque Sales up 18.9% from Last October

According to the Greater Albuquerque Association of Realtors, closed sales of detached homes in the greater Albuquerque metro market in October exceeded closed sales for the same month in 2011 by 18.9%.  This marks the 16th consecutive month of year over year increases in detached home sales.  Pending sales of detached homes were 900, a 14.65% increase over the same month the prior year. “Traditionally in the fall, we see home sales activity decline,” said Marc Guggino, 2012 GAAR President. “With both an increase in home sales and in new listings entering the market, the fall of 2012 seems to be defying the year-end slowdown,” he stated. “Home prices, both average and median, have been holding steady for most of the year,” continued Guggino. Click Here to see the full report for October. To learn more how our fee based listing programs can help you Keep More when you sell your next property,take a moment to learn more about our services.

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