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Albuquerque Real Estate Market Watch–April 2012

May 21, 2012 by The Sugar Team

209 Inverness SE Rio Rancho NM

209 Inverness SE Virtual Tour

MARKET WATCH!  For April 2012 single-family detached homes sales increased 6.53% from the previous year.  Pending home sales passed the 1,000 mark, just the second time in all of 2012.  The Median Sale Price was $174,775, up 5.92% from the same month last year and at the highest level since July 2011.  The Average Sales Price was $211,168.  The Average Days on the Market continues to come down and now is at 83.  (Greater Albuquerque Association of Realtors)

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team

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