ANOTHER GOOD SALES MONTH FOR ALBUQUERQUE REAL ESTATE. THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THE MARKET ENDED THE SUMMER WITH STRONG SALES. GAAR SAYS THE NUMBER OF SINGLE-FAMILY DETACHED HOMES GOING UNDER CONTRACT IN SEPTEMBER INCREASED 22 PERCENT FROM THE SAME TIME LAST YEAR TO JUST OVER A THOUSAND UNITS. THEY FINISHED THE MONTH WITH A 3-POINT-1 PERCENT GAIN COMPARED TO SEPTEMBER LAST YEAR … THE HIGHEST AMOUNT OF CLOSED SALES FOR SEPTEMBER SINCE 2005.
NEW LISTINGS WERE UP 3-POINT-1 PERCENT FROM THE PREVIOUS YEAR. BUT HOME INVENTORIES DROPPED BY NEARLY 16 PERCENT. ATTACHED HOMES … BASICALLY CONDOS AND TOWN HOMES … ARE SELLING 39-POINT-6 PERCENT FASTER COMPARED TO THIS TIME LAST YEAR.