Statewide home sales in July measured by the Realtors Association of New Mexico- a combination of new and exciting homes- were up over June but down 6 percent from July of last year.
There were 1,690 sales compared to 1,525 in June and 1,690 in July of 2013, RANM reported.
The July 2014 median price of $183,500 was slightly higher than the June 2014 median of $179,185.
“Strong sales the first few months of 2014 mean the year-to-date sale numbers are still ahead of last year’s January through July numbers.” RANM president Sandylee Pasquale said in a statement. “Year-to-date median prices also continue to increase; 2014 year-to-date median: $175,000; 2013 January through July median: $170,000; 2012 January through July median: $165,000.”
Original Article By: Albuquerque Journal