Albuquerque Market Report
$358,350
AVERAGE PRICE OF 2,512 HOMES$205,018
AVERAGE PRICE OF 37 DISTRESSED HOMES$1,832,638
AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES$460,464
AVERAGE PRICE OF 129 NEWLY BUILT HOMES$710,170
AVERAGE PRICE OF 100 HOMES WITH A POOL$341,304
AVERAGE PRICE OF 59 REDUCED PRICE HOMESAverage Home
| Average Price | $358,350 |
| Avg Bedrooms | 2.69 beds |
| Avg Bathrooms | 2.05 baths |
Average Price by Bedrooms
| 1 bedroom | $406,497 |
| 2 bedrooms | $252,556 |
| 3 bedrooms | $302,367 |
| 4 bedrooms | $443,405 |
| 5 bedrooms | $682,806 |
Albuquerque Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 2,387 | 2,285 | 2,219 | 2,197 | 2,193 |
| Average Price | $352,098 | $343,165 | $334,805 | $326,099 | $333,810 |
| Avg Price Change | +2.60% | +2.50% | +2.67% | -2.36% | -1.16% |
| Median Price | $284,699 | $277,320 | $270,956 | $262,505 | $258,361 |
| Med Price Change | +2.66% | +2.35% | +3.22% | +1.60% | +0.61% |
| Avg Bedrooms | 2.67 beds | 2.63 beds | 2.57 beds | 2.56 beds | 2.55 beds |
| Avg Bathrooms | 2.14 baths | 2.24 baths | 2.09 baths | 1.94 baths | 1.93 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Albuquerque | 201 | $359,803 | 70 days |
| Highland | 222 | $301,409 | 58 days |
| La Cueva | 244 | $585,113 | 79 days |
| Volcano Vista | 233 | $275,080 | 71 days |
| West Mesa | 226 | $339,970 | 48 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,512 | $358,350 | 68 days |
| Distressed Homes | 37 | $205,018 | 116 days |
| Multi-Million Dollar Homes | 70 | $1,832,638 | 119 days |
| Newly Built Homes | 129 | $460,464 | 101 days |
| Homes with a Pool | 100 | $710,170 | 44 days |
| Reduced Price Homes | 59 | $341,304 | 40 days |
