June 2009 Report on the Albuquerque Market

Real Estate Agent with ADL Sunshine Realty

According to the Greater Albuquerque Association of Realtors, pending sales for single family and detached homes were up 9% from May and up 8.86% from the previous year.  Pending sales for Rio Rancho single-family, detached homes are up 35.25% compared to June 2008.  Home sales for single family, detached homes in the market area are up 14.66% from last month.

It may be that we have seen the bottom and it is gone!


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