LOTS OF HOMES ARE BEING SOLD IN THE ALBUQUERQUE AREA. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THERE WAS A 17 PERCENT JUMP IN HOME SALES IN APRIL COMPARED TO THE YEAR BEFORE. IN ALL, 844 HOMES CLOSED…THE HIGHEST MONTHLY TOTAL IN EIGHT YEARS. PENDING SALES WERE UP BY ALMOST 21 PERCENT.
AND INVENTORY DROPPED BY JUST ABOUT 10 PERCENT. THERE WAS ALSO A SLIGHT INCREASE IN THE MEDIAN SALES PRICE…TO JUST UNDER 177-THOUSAND DOLLARS.
