If you need assistance, please call 505-459-8589

Albuquerque Market Report

$345,036

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,850,418

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$554,567

AVERAGE PRICE OF 153 NEWLY BUILT HOMES

$416,402

AVERAGE PRICE OF 98 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.68 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $555,355
2 bedrooms $343,640
3 bedrooms $387,714
4 bedrooms $553,125
5 bedrooms n/a
Albuquerque Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,798 1,739 1,681 1,845 1,911
Average Price n/a n/a $448,109 $444,093 $447,844
Avg Price Change n/a n/a +0.90% -0.84% -1.83%
Median Price $362,297 $361,396 $359,049 $348,319 $348,841
Med Price Change +0.25% +0.65% +3.08% -0.15% -1.01%
Avg Bedrooms 2.61 beds 2.57 beds 2.58 beds 2.6 beds 2.6 beds
Avg Bathrooms 1.94 baths 1.91 baths 1.9 baths 1.94 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West Mesa 234 $408,780 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,972 n/a 86 days
Distressed Homes 19 $345,036 75 days
Multi-Million Dollar Homes 81 $1,850,418 151 days
Newly Built Homes 153 $554,567 109 days
Homes with a Pool 94 n/a 71 days
Reduced Price Homes 98 $416,402 56 days
RE/MAX Select | The ORTEGA Team
Ruben Ortega
8300 Carmel Ave NE, Suite 203
Albuquerque, NM 87122
505-459-8589

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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