For Real Estate advice on buying or selling any type of property, anywhere in the World!... Primarily in the Albuquerque, NM area. 1st Time Buyer, Seller financing, Short Sales, Foreclosures, Vacation 2nd Home, 1031 Exchange, Investing, ect...
Thursday, November 11, 2010
October 2010 Market Report for Albuquerque Areas
• Pending sales for detached single-family homes in the month of October were at 655, down less than 1 percent from the previous month.
• The median sale price for single-family detached homes saw a year-over-year increase for the 2nd consecutive month.
• New homes entering the market for sale saw a 6.72 percent decrease from the previous year, while the current inventory of homes for sale rose 11 percent from the same period.