New Mexico home sales increase

The Realtors Association of New Mexico says home sales rose 21.5 percent last month compared to March 2009.

The association says the activity reflects buyers who are trying to beat the April 30 deadline for the expiration of tax credits for homes.

The group’s executive vice president, Steve Anaya, says the real test of a sustained recovery will come after the credits expire.

The median sales price of a home in New Mexico last month was $171,000. That’s slightly higher than the February median price of $169,950.

The association also reports an 11.6 percent increase in the number of homes sold in the first quarter of 2010 compared to the same period in 2009.

Signup for our Newsletter

Neil D. Lyon CRB, CRS, GRI Cell: 505.660.8600 Direct: 505.954.5505

Sotheby's International Realty 326 Grant Avenue Santa Fe, NM 87501

Design by Santa Fe Web Design


Visit Sotheby's International Realty®

This web site is not the official web site of Sotheby's International Realty, Inc. Sotheby's International Realty, Inc. does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this web site. Equal Housing Opportunity.