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Albuquerque Market Report

$321,092

AVERAGE PRICE OF 3,168 HOMES

$200,835

AVERAGE PRICE OF 135 DISTRESSED HOMES

$1,759,364

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$442,407

AVERAGE PRICE OF 184 NEWLY BUILT HOMES

$550,454

AVERAGE PRICE OF 185 HOMES WITH A POOL

$351,982

AVERAGE PRICE OF 74 REDUCED PRICE HOMES

Average Home

Average Price $321,092
Avg Bedrooms 3.26 beds
Avg Bathrooms 3.18 baths

Average Price by Bedrooms

1 bedroom $416,764
2 bedrooms $216,127
3 bedrooms $568,595
4 bedrooms $706,726
5 bedrooms $932,341
Albuquerque Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 3,040 2,679 2,192 1,025 1,099
Average Price $318,920 $327,017 $342,112 $365,398 $348,949
Avg Price Change -2.54% -4.62% -6.81% +4.71% +1.64%
Median Price $245,947 $242,419 $262,154 $290,182 $271,641
Med Price Change +1.46% -8.14% -10.69% +6.83% +2.09%
Avg Bedrooms 3.23 beds 3.02 beds 3.27 beds 3.64 beds 3.69 beds
Avg Bathrooms 3.08 baths 2.85 baths 3.04 baths 3.2 baths 3.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 297 $292,083 54 days
Albuquerque High 1 $552,000 86 days
Cibola High School 1 $675,000 21 days
Eldorado 243 $371,020 41 days
La Cueva 299 $740,034 35 days
Manzano 1 $775,000 3 days
Unknown 8 $1,174,875 178 days
Volcano Vista 278 $276,143 44 days
West Mesa 250 $267,233 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,168 $321,092 84 days
Distressed Homes 135 $200,835 60 days
Multi-Million Dollar Homes 73 $1,759,364 171 days
Newly Built Homes 184 $442,407 58 days
Homes with a Pool 185 $550,454 157 days
Reduced Price Homes 74 $351,982 40 days
The Maez Group
Joe Maez
2116 Vista Oeste NW Suite 201A
Albuquerque, NM 87120
505-401-5775


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 The Maez Group 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.