June 2012 Albuquerque Sales

Hello Everybody!  Here are the sales numbers for the Greater Albuquerque Area June 2012.  Pending sales for single-family detached homes rose 12.10% from 2011.  June 2012 was the third month this year that pending sales exceeded 1,000.  This is great news for all of us homeowners waiting for a market recovery.  The average and median sales prices did show positive increases from the previous year, so the worst may be behind us.  There was recently an interesting Wall Street Journal article discussing the housing recovery.  Here is the link if you haven’t read it.  http://online.wsj.com/article/SB10001424052702303644004577520414196790098.html

I hope the remainder of your summer is fantastic!

Posted in Monthly Sales Reports.