THE THIRD QUARTER OF THIS YEAR TURNS OUT TO BE A GREAT ONE FOR THE ALBUQUERQUE METRO HOUSING MARKET. JANICE MCCRARY WITH THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS TELLS US THERE WERE INCREASES IN NEARLY EVERY MARKET INDICATOR THEY WATCHED IN THE JULY-THROUGH-SEPTEMBER PERIOD … INCLUDING CLOSED SALES, WHICH INCREASED NEARLY 21 PERCENT COMPARED TO THE THIRD QUARTER OF LAST YEAR. SHE ALSO SAYS THE AVERAGE TIME IT TOOK TO SELL A HOME IN ALBUQUERQUE DROPPED FROM 66 DAY TO 61 DAYS IN THE THIRD QUARTER.
MCCRARY SAYS ALL HOMES UP TO 250 THOUSAND DOLLARS IS MOVING FAST IN THE MARKET … AND SHE SAYS A GOOD INDICATOR IS THAT EVERYTHING OVER 250-THOUSAND IS STARTING TO MOVE AS WELL.
