February 2011 Market Report

Published on Mar 10, 2011

• Closed sales for detached single-family homes in February are up 7.89 percent from the previous year and up 12.95 percent from previous month.
• The median sale price for detached homes in February increased 1.06 percent from the previous year. Condo/townhome sales saw the median sale price increase 8.65 percent from the same period.
• Dollar volume for single-family homes sales was at $90.3 million for February 2011, up 6.60 percent from the previous year.

Contact: Peter Parnegg, 2011 GAAR President, 505-280-4333, president@gaar.com