Albuquerque Market Report

$453,467

AVERAGE PRICE OF 1,746 HOMES

$238,128

AVERAGE PRICE OF 32 DISTRESSED HOMES

$1,823,110

AVERAGE PRICE OF 88 MULTI-MILLION DOLLAR HOMES

$531,052

AVERAGE PRICE OF 128 NEWLY BUILT HOMES

$995,847

AVERAGE PRICE OF 85 HOMES WITH A POOL

$449,613

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $453,467
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.75 baths

Average Price by Bedrooms

1 bedroom $438,879
2 bedrooms $368,835
3 bedrooms $776,763
4 bedrooms $928,296
5 bedrooms $1,679,889
Albuquerque Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,750 1,689 1,657 1,697 1,662
Average Price $447,763 $439,134 $431,110 $417,551 $411,910
Avg Price Change +1.97% +1.86% +3.25% +1.37% -0.58%
Median Price $357,874 $350,034 $338,735 $330,640 $331,148
Med Price Change +2.24% +3.34% +2.45% -0.15% +1.29%
Avg Bedrooms 2.85 beds 2.42 beds 1.94 beds 2.09 beds 2.23 beds
Avg Bathrooms 2.61 baths 2.18 baths 1.85 baths 1.97 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 144 $423,646 60 days
Albuquerque High 1 $1,775,000 287 days
La Cueva 160 $1,398,248 75 days
Rio Grande 146 $305,941 130 days
Rio Rancho High School 1 $545,000 51 days
Unknown 3 $1,226,667 53 days
Volcano Vista 203 $313,176 119 days
West Mesa 189 $408,624 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,746 $453,467 93 days
Distressed Homes 32 $238,128 52 days
Multi-Million Dollar Homes 88 $1,823,110 109 days
Newly Built Homes 128 $531,052 116 days
Homes with a Pool 85 $995,847 134 days
Reduced Price Homes 57 $449,613 49 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.
This site powered by CINC: www.cincpro.com