Rio Rancho real estate stats are out for October 2011. Here’s my video presentation of the most important stats compiled by the Greater Albuquerque Association of Realtors (GAAR).
Here’s a summary of the details contained in this report:
- Rio Rancho home sales were up 33%
- Pending home sales were up 19%
- Average sales price was down 12%
- Median sales price was down 12%
- Home Inventory was down 22%