Pending home sales for single-family detached homes got a strong boost in January with a 15.91 % increase from January of the previous year and a 34.58% increase from the previous month. Single-family detached home sales rose 16.79% when compared to January 2012. January 2013 is the highest January sales month for the greater Albuquerque market since 2008.
The median sale price of single-family detached homes selling in January was $158,000, a reduction of 4.24% from the previous year. The average sales price was $186,051 with 67% of single-family detached homes sold selling for less than $200,000.
Read the Great Albuquerque Association of Realtors full January 2013 report
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