GAAR.com » Market Statistics » April 2009 Monthly Market Report

April 2009 Monthly Market Report

Monthly Highlights
• Pending Sales for detached, single family homes are up 11.8% from the previous month and only
3.0% down from April 2008. (page 4)
• The Days on Market it takes to sell a detached single-family home is on the decline for the second
month in a row. (page 8)
• 41.8 % of detached single-family homes sales in April used FHA Financing.
• Single-family home sales in Rio Rancho are identical to the April 2008 sales but the average sales
price went down 14.9%. (page 11)

Contact: Don Padilla, Chairman of the Board, 505-275-3615, .(JavaScript must be enabled to view this email address)

PDF File Read the full April 2009 Monthly Market Report

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Comments (1)


Eloise A. Gift wrote:
Persistent positive trends give promise of a return to "normal" market conditions. Increased use of FHA loans must be significant in whittling down the inventory. Can six-month supply be far away?

on May 12, 2009 at 9:50 am

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