THIS YEAR CONTINUES TO BE A STRONG YEAR FOR HOME SALES IN THE ALBUQUERQUE AREA. HOME SALES IN FEBRUARY ACROSS THE METRO WERE UP 15 PERCENT FROM THE SAME MONTH LAST YEAR. AND PENDING SALES WERE UP 13 PERCENT. THAT ACCORDING TO THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS.
THE 638 HOMES SOLD LAST MONTH WERE THE BEST FEBRUARY NUMBERS IN NINE YEARS. AND PRICES ARE ON THE RISE AS WELL. THE MEDIAN SALES PRICE IN FEBRUARY WAS 178-THOUSAND DOLLARS…UP FIVE PERCENT FROM A YEAR AGO.