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Albuquerque Market Report

$448,278

AVERAGE PRICE OF 1,965 HOMES

$249,596

AVERAGE PRICE OF 36 DISTRESSED HOMES

$1,940,730

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$584,975

AVERAGE PRICE OF 118 NEWLY BUILT HOMES

$709,842

AVERAGE PRICE OF 115 HOMES WITH A POOL

$428,400

AVERAGE PRICE OF 87 REDUCED PRICE HOMES

Average Home

Average Price $448,278
Avg Bedrooms 2.64 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $515,501
2 bedrooms $343,182
3 bedrooms $370,642
4 bedrooms $520,939
5 bedrooms $791,510
Albuquerque Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,918 1,877 1,814 1,737 1,676
Average Price $460,330 $460,631 $451,873 $440,606 $433,730
Avg Price Change -0.07% +1.94% +2.56% +1.59% +1.61%
Median Price $363,565 $363,192 $359,212 $352,410 $348,477
Med Price Change +0.10% +1.11% +1.93% +1.13% +3.01%
Avg Bedrooms 2.66 beds 2.66 beds 2.62 beds 2.59 beds 2.57 beds
Avg Bathrooms 1.99 baths 2.01 baths 1.99 baths 1.96 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Highland 148 $367,155 44 days
La Cueva 172 $670,841 93 days
Rio Grande 151 $356,853 155 days
Volcano Vista 194 $353,569 112 days
West Mesa 180 $402,405 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,965 $448,278 81 days
Distressed Homes 36 $249,596 74 days
Multi-Million Dollar Homes 95 $1,940,730 120 days
Newly Built Homes 118 $584,975 119 days
Homes with a Pool 115 $709,842 45 days
Reduced Price Homes 87 $428,400 38 days
Keller Williams Riverside
Anne Vallejos
6240 Riverside Plaza NW, Suite 100
Albuquerque, NM 87120
505-226-4348
mortgage-solutions-financial.png
Michael E. Martin
7770 Jefferson NE, Suite 100
Albuquerque, NM 87109
505-264-6277

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.
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