August Market Report - Pending Home Sales Increase 7.73% from July

Monthly Highlights

  • Detached home sales for August 2011 increased 3.36% from the previous month and increased 26.42% from the previous year.

  • The 646 reported detached sales in August 2011 makes this month the highest August sales month since 2007

  • Pending home sales for single-family detached homes are up 14.32% from 2010 and increased 7.73% from July 2011

We continue to see some positive signs in the local real estate market, but we continue to see a lack of traction.  To read more about August and the highlights of your local real estate market, please click the report below to view in full screen.


Posted by Brandon Wells on 09/19/2011
Tags: Statistics Rio Rancho Albuquerque
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