GAAR.com » Market Statistics » 2008 Year End Home Sales Report

2008 Year End Home Sales Report

Greater Albuquerque Area Housing Trends - 2007 vs. 2008.

A correction was made on January 30, 2009 to the 2008 Annual Sales report for the December Median and Average Sales Price.

PDF File Read the full 2008 Year End Home Sales Report

Print Comment


Comments (5)


Linda DeVlieg wrote:
I loved the article today in the Journal - finally a realistic vision of what is happening in the market. Sales are down and prices are, too - we have to educate sellers on the realities and make sure the banks understand that there is no success in holding on to imaginary values.

The only way to get this market going is to get those prices down and get the inventory off the shelves. Get people into homes, and get the economy moving again.

on Jan 30, 2009 at 10:02 am

Christian A. Juarez wrote:
I love reports!!! This specific report shows how our Metro area still continues to move even though a little slower than in the past, if you look at other parts of the US, this is not bad at all! We faced some challenges, but if we understand what is going on, and work together in growing and moving forward, we can accomplish a great start for a better future! God Bless!

on Jan 29, 2009 at 2:34 pm

Valerie Almanzar wrote:
This is such a great report! This gives everyone a great opportunity to see what is going on with the Albuquerque/Rio Rancho areas. As this report shows, some areas have seen a decline in the price, however, other areas have not declined as much. This is important information that buyers and sellers need to take into consideration when purchasing and selling a home.

on Jan 27, 2009 at 9:03 pm

Taleah R. Hartman,CRS wrote:
Always appreciate the Annual Statistics - a great tool to share with my sphere. I use to compile these statistics myself every year going back to the 1980's. Wow! The time you are saving me. Thank you!

on Jan 27, 2009 at 3:40 pm

Gary N. Bellamy wrote:
I believe Median Prices should be used instead of Average Prices for the Housing Activity Report by MLS areas. If you rerun these areas and use Medians you will see very different results for price changes.

on Jan 27, 2009 at 1:11 pm

Leave a Comment


You must be a REALTOR® member to post comments. Login

External Resources