Albuquerque Market Report

$712,071

AVERAGE PRICE OF 1,741 HOMES

$325,712

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,991,301

AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

$586,046

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$575,000

AVERAGE PRICE OF 82 HOMES WITH A POOL

$511,617

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

Average Home

Average Price $712,071
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $484,761
2 bedrooms $339,133
3 bedrooms $554,175
4 bedrooms $590,625
5 bedrooms n/a
Albuquerque Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 1,757 1,700 1,871 1,936 1,941
Average Price $937,999 $454,089 $451,046 $454,143 $461,392
Avg Price Change +106.57% +0.67% -0.69% -1.60% +1.44%
Median Price $363,835 $361,695 $352,615 $352,433 $353,823
Med Price Change +0.59% +2.58% +0.05% -0.39% +0.38%
Avg Bedrooms 2.79 beds 2.8 beds 2.91 beds 2.79 beds 2.69 beds
Avg Bathrooms 2.38 baths 2.41 baths 2.56 baths 2.46 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unknown 8 $700,625 152 days
Volcano Vista 194 $376,188 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,741 $712,071 107 days
Distressed Homes 25 $325,712 72 days
Multi-Million Dollar Homes 72 $1,991,301 156 days
Newly Built Homes 121 $586,046 133 days
Homes with a Pool 82 $575,000 76 days
Reduced Price Homes 82 $511,617 140 days
RE/MAX Alliance
9577 Osuna Rd NE #b
Albuquerque, NM 87122

UPAFE27023DB384E.png Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The data relating to real estate for sale in this Website comes in part from the Internet Data Exchange ("IDX'') program of Santa Fe Association of REALTORS®, Inc. from a copyrighted compilation of listings. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. All data in this Website is deemed reliable but is not guaranteed accurate, and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All Rights Reserved. All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which provide that it is illegal to make or publish any advertisement which indicates any preference, limitation, or discrimination based upon race, color, religion, sex, handicap, familial status, or national origin. Santa Fe Association of REALTORS®, Inc. will not knowingly accept any advertising for the sale of real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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