Albuquerque Market Report

$420,318

AVERAGE PRICE OF 1,663 HOMES

$255,645

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,951,066

AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

$484,325

AVERAGE PRICE OF 144 NEWLY BUILT HOMES

$973,072

AVERAGE PRICE OF 76 HOMES WITH A POOL

$399,683

AVERAGE PRICE OF 69 REDUCED PRICE HOMES

Average Home

Average Price $420,318
Avg Bedrooms 2.22 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $415,545
2 bedrooms $354,063
3 bedrooms $506,854
4 bedrooms $424,934
5 bedrooms $2,631,177
Albuquerque Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,662 1,817 2,040 2,118 2,158
Average Price $411,910 $414,303 $412,054 $416,928 $416,965
Avg Price Change -0.58% +0.55% -1.18% -0.01% -137.02%
Median Price $331,148 $326,933 $325,472 $327,540 $327,449
Med Price Change +1.29% +0.45% -0.64% +0.03% -77.53%
Avg Bedrooms 2.23 beds 2.39 beds 2.49 beds 2.52 beds 2.62 beds
Avg Bathrooms 2 baths 2.13 baths 2.22 baths 2.19 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 155 $388,167 62 days
Albuquerque High 4 $932,500 89 days
Eldorado High School 1 $289,900 65 days
La Cueva 120 $1,519,713 71 days
Rio Grande 150 $267,294 62 days
Unknown 3 $141,166 177 days
Volcano Vista 199 $284,614 84 days
West Mesa 135 $398,223 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,663 $420,318 80 days
Distressed Homes 24 $255,645 55 days
Multi-Million Dollar Homes 72 $1,951,066 88 days
Newly Built Homes 144 $484,325 86 days
Homes with a Pool 76 $973,072 81 days
Reduced Price Homes 69 $399,683 56 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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