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Albuquerque Market Report

$454,938

AVERAGE PRICE OF 1,979 HOMES

$249,596

AVERAGE PRICE OF 36 DISTRESSED HOMES

$1,919,441

AVERAGE PRICE OF 105 MULTI-MILLION DOLLAR HOMES

$614,730

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$759,334

AVERAGE PRICE OF 119 HOMES WITH A POOL

$489,051

AVERAGE PRICE OF 92 REDUCED PRICE HOMES

Average Home

Average Price $454,938
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $368,254
2 bedrooms $300,044
3 bedrooms $413,364
4 bedrooms $769,300
5 bedrooms $1,419,855
Albuquerque Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,927 1,885 1,822 1,750 1,689
Average Price $465,010 $465,538 $456,610 $447,763 $439,134
Avg Price Change -0.11% +1.96% +1.98% +1.97% +1.86%
Median Price $366,495 $366,047 $361,213 $357,874 $350,034
Med Price Change +0.12% +1.34% +0.93% +2.24% +3.34%
Avg Bedrooms 2.95 beds 2.84 beds 2.73 beds 2.85 beds 2.42 beds
Avg Bathrooms 2.46 baths 2.46 baths 2.64 baths 2.61 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque High 2 $1,170,000 74 days
Highland 147 $368,497 46 days
La Cueva 178 $1,179,162 67 days
Manzano 1 $285,000 32 days
Rio Grande 151 $362,747 158 days
Unknown 12 $590,158 55 days
Volcano Vista 194 $352,961 115 days
West Mesa 181 $457,680 43 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,979 $454,938 70 days
Distressed Homes 36 $249,596 77 days
Multi-Million Dollar Homes 105 $1,919,441 113 days
Newly Built Homes 120 $614,730 107 days
Homes with a Pool 119 $759,334 60 days
Reduced Price Homes 92 $489,051 38 days
The Maez Group
Joe Maez
2116 Vista Oeste NW Suite 201A
Albuquerque, NM 87120
505-369-0094


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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.
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