New Mexico 2nd qtr. and June Home Sales Trends Posted

The number of reported single-family home sales in New Mexico was 17.5 percent higher than the number of sales in second quarter 2009. June saw 1,439 sales, a 9.1 percent increase from June 2009, and a 2.1 increase from June 2008. Median prices for the second quarter were 3 percent higher than those reported for the first quarter of 2010. The June median price of $179,000 is equal to the median price reported for June 2009, but just over 8 percent lower than the $194,700 median of June 2008.  For complete report, click here.  NAR report indicates nationally sales are slow but remain above last year.  Read more.