January 2011 Market Report

Published on Feb 23, 2011

• Closed sales for detached single-family homes in the month of January finished at 363, up 4.01 percent from the previous year and is the highest January sales month since 2008..
• January had a minimal decrease of 0.14 percent in the median sale price when compared to the previous year.
• Active market inventory of detached single-family homes in the Greater Albuquerque Market Areas
  rose slightly from the previous year.

Contact: Peter Parnegg, 2011 GAAR President, 505-280-4333, president@gaar.com