Pending Sales Up 26% from November 2010

Albuquerque, NM, November 12, 2011 – There were 746 pending sales of detached homes for November 2011, up 26.66% over November 2010. There were 492 closed sales of detached homes reported, a 4.90% increase over the prior year. Median sales price for detached residential homes settled in at $160,000.  Of the 492 sales, 235 sales were between $100,000 and $179,000.

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