Albuquerque Market Report

$414,751

AVERAGE PRICE OF 1,887 HOMES

$241,618

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,802,975

AVERAGE PRICE OF 86 MULTI-MILLION DOLLAR HOMES

$505,181

AVERAGE PRICE OF 149 NEWLY BUILT HOMES

$907,006

AVERAGE PRICE OF 87 HOMES WITH A POOL

$392,459

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $414,751
Avg Bedrooms 2.45 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $582,367
2 bedrooms $322,267
3 bedrooms $563,377
4 bedrooms $401,908
5 bedrooms $3,094,642
Albuquerque Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 2,040 2,118 2,158 17 16
Average Price $412,054 $416,928 $416,965 $988,270 $1,028,379
Avg Price Change -1.18% -0.01% -137.02% -4.06% n/a
Median Price $325,472 $327,540 $327,449 $581,331 $617,990
Med Price Change -0.64% +0.03% -77.53% -6.31% n/a
Avg Bedrooms 2.49 beds 2.52 beds 2.62 beds 2.86 beds 2.92 beds
Avg Bathrooms 2.22 baths 2.19 baths 2.28 baths 2.64 baths 2.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 139 $378,079 50 days
Albuquerque High 2 $1,387,500 94 days
Eldorado High School 1 $297,000 8 days
La Cueva 162 $517,900 58 days
Rio Grande 151 $312,646 60 days
Unknown 8 $955,635 118 days
Volcano Vista 233 $280,309 55 days
West Mesa 169 $370,986 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,887 $414,751 77 days
Distressed Homes 24 $241,618 47 days
Multi-Million Dollar Homes 86 $1,802,975 91 days
Newly Built Homes 149 $505,181 104 days
Homes with a Pool 87 $907,006 95 days
Reduced Price Homes 91 $392,459 42 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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