May 2010 Market Report

Published on Jun 10, 2010

Monthly Highlights

•731 single-family detached homes were reported sold for May 2010, the highest number of May sales since 2007.

•Compared to May 2009, detached home sales in Albuquerque are up 28.09 percent and Rio Rancho sales rose 37.08 percent from the same period.

•The median sale price for single-family detached home sales stayed at $175,000 for the 3rd consecutive
month.

Contact: Mark Pando, 2010 GAAR President, 505-249-0188