Albuquerque Marks Another Record Month

ANOTHER MONTH OF RECORD SETTING HOME SALES IN THE ALBUQUERQUE METRO. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS REPORTS THEY AGAIN SET HISTORICAL RECORDS IN AUGUST, WITH SALES PRICES SHOWING A GAIN OF 6-POINT-1 PERCENT WHEN COMPARED TO AUGUST OF 2017. THE AVERAGE SALE PRICES LAST MONTH WAS 251-THOUSAND-895 DOLLARS.

PENDING SALES FOR SINGLE FAMILY DETACHED HOMES ALSO ROSE LAST MONTH BY 22-POINT-4 PERCENT COMPARED TO AUGUST 2017.

AS FOR CLOSED SALES, WHICH INCLUDES NEW CONSTRUCTION AND SINGLE FAMILY DETACHED RESALES, SAW A 4-POINT-8 PERCENT GAIN OVER 2017. BUT INVENTORY IS STILL DOWN ACROSS THE METRO … DOWN 16-POINT-4 PERCENT.

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