The greater Albuquerque real estate market had a pretty good month of May, according to the real estate sales figures recently released by the Albuquerque Board of Realtors. But where exactly are homes selling best? And in what price ranges?

The Greater Albuquerque Real Estate market actually consists of a number of areas:

• Albuquerque itself
• Corrales
• Rio Rancho
• Placitas
• Bernalillo and Algodones
• the East Mountains
• Valencia County

Naturally, the city of Albuquerque itself posted the largest number of sales, followed by Rio Rancho, and then Valencia County. The table at right shows the actual number of single family homes in each area that closed during the month of May, 2007.

Certain price ranges, of course, have more sales than others. The median homes sales price for the month was $199,000 (up from a median of $185,000 in May of 2006.) That, in itslef, would indicated that homes between $100,000 and $300,000 would probably have the largest number of sales, and indeed, that was so. The graph and the table to the right of it each show the actual sales figures in various price ranges.