THE ALBUQUERQUE METRO HAS A LOW HOME INVENTORY, BUT THAT HASN’T SLOWED HOME SALES. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THE TREND OF LOW INVENTORY HAS SET A 12-YEAR RECORD FOR PENDING HOME SALES…. BUT NOT ALL HOMES OR NEIGHBORHOODS ARE SELLING FAST OR ABOVE THEIR LISTING PRICE.
THE MEDIAN PRICE WENT UP 1-POINT-1 PERCENT TO 187-THOUSAND-500 DOLLARS FOR A DETACHED HOME. THE PRICE FOR TOWNHOMES AND CONDOS ROSE 17-POINT-6 PERCENT TO 147-THOUSAND DOLLARS.
