September Home Sales are Up

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.

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