October 2010 Market Report

Published on Nov 10, 2010

• Pending sales for detached single-family homes in the month of October were at 655, down less than 1 percent from the previous month.

• The median sale price for single-family detached homes saw a year-over-year increase for the 2nd consecutive month.

• New homes entering the market for sale saw a 6.72 percent decrease from the previous year, while the current inventory of homes for sale rose 11 percent from the same period.

Contact: Mark Pando, 2010 GAAR President, 505-249-0188