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Albuquerque Market Report

$429,327

AVERAGE PRICE OF 1,655 HOMES

$262,640

AVERAGE PRICE OF 27 DISTRESSED HOMES

$1,864,228

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$514,175

AVERAGE PRICE OF 131 NEWLY BUILT HOMES

$909,251

AVERAGE PRICE OF 75 HOMES WITH A POOL

$493,360

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $429,327
Avg Bedrooms 2.51 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $427,588
2 bedrooms $350,842
3 bedrooms $384,771
4 bedrooms $501,224
5 bedrooms $941,330
Albuquerque Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,685 1,650 1,805 2,027 2,102
Average Price $413,321 $409,856 $411,130 $408,956 $413,099
Avg Price Change +0.85% -0.31% +0.53% -1.01% +0.09%
Median Price $330,239 $330,926 $326,590 $325,000 $326,572
Med Price Change -0.21% +1.33% +0.49% -0.48% +0.15%
Avg Bedrooms 2.51 beds 2.49 beds 2.5 beds 2.55 beds 2.58 beds
Avg Bathrooms 1.89 baths 1.88 baths 1.9 baths 1.93 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 146 $371,033 74 days
La Cueva 161 $682,199 69 days
Rio Grande 128 $271,860 111 days
Volcano Vista 222 $305,305 91 days
West Mesa 144 $406,073 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,655 $429,327 74 days
Distressed Homes 27 $262,640 65 days
Multi-Million Dollar Homes 71 $1,864,228 98 days
Newly Built Homes 131 $514,175 110 days
Homes with a Pool 75 $909,251 66 days
Reduced Price Homes 57 $493,360 53 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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