MARKET WATCH! For December 2011 single-family detached homes sales rose 6.303% from the previous month and 3.56% from the previous year. Pending home sales increased 11.48% from the previous year, being the highest December month of Pending sales since 2006. The Average Sales Price for single-family detached homes was $195,861 and the Median Sales Price was $160,000. Finally, the Average Days on the Market was 87. (Greater Albuquerque Association of Realtors)
Feel free to contact The Sugar Team (505) 850-9977 to find out how your neighborhood’s doing!