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January 2011 Market Report

  • Closed sales for detached single-family homes in the month of January finished at 363, up 4.01 percent from the previous year and is the highest January sales month since 2008..
  • January had a minimal decrease of 0.14 percent in the median sale price when compared to the previous year.
  • Active market inventory of detached single-family homes in the Greater Albuquerque Market Areas
    rose slightly from the previous year.

Contact: Peter Parnegg, 2011 GAAR President, 505-280-4333, president@gaar.com

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