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.