Albuquerque Market Report
$443,359
AVERAGE PRICE OF 2,391 HOMES$313,231
AVERAGE PRICE OF 44 DISTRESSED HOMES$1,766,478
AVERAGE PRICE OF 93 MULTI-MILLION DOLLAR HOMES$579,954
AVERAGE PRICE OF 157 NEWLY BUILT HOMES$681,505
AVERAGE PRICE OF 105 HOMES WITH A POOL$428,159
AVERAGE PRICE OF 146 REDUCED PRICE HOMESAverage Home
| Average Price | $443,359 |
| Avg Bedrooms | 2.58 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $382,604 |
| 2 bedrooms | $357,758 |
| 3 bedrooms | $444,043 |
| 4 bedrooms | $735,980 |
| 5 bedrooms | $725,453 |
Albuquerque Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 2,393 | 2,293 | 2,147 | 2,094 | 1,974 |
| Average Price | $438,681 | $448,922 | $464,784 | $770,193 | $738,592 |
| Avg Price Change | -2.33% | -3.53% | -65.71% | +4.28% | -1.16% |
| Median Price | $364,849 | $373,734 | $378,466 | $374,218 | $366,013 |
| Med Price Change | -2.44% | -1.27% | +1.14% | +2.24% | +0.54% |
| Avg Bedrooms | 2.76 beds | 2.68 beds | 2.62 beds | 2.65 beds | 2.93 beds |
| Avg Bathrooms | 2.21 baths | 2.27 baths | 2.28 baths | 2.27 baths | 2.41 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,391 | $443,359 | 89 days |
| Distressed Homes | 44 | $313,231 | 55 days |
| Multi-Million Dollar Homes | 93 | $1,766,478 | 134 days |
| Newly Built Homes | 157 | $579,954 | 143 days |
| Homes with a Pool | 105 | $681,505 | 41 days |
| Reduced Price Homes | 146 | $428,159 | 35 days |
