For July in Albuquerque, the median detached single family home price, $186,000, was the highest since August 2009, says the Greater Albuquerque Association of Realtors. July's average price, $230,213, was the highest since August 2008.
Lest one get too excited, metro Albuquerque showed 557 closed sales during July, down 23% from June, reflecting the end of the first-time buyer tax credit.
Per capita income in Albuquerque was $35,415 for 2008, according to figures released this week by the Bureau of Economic Analysis. That was a 2.3%, or $811, gain from 2007.
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