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Albuquerque Market Report

$331,910

AVERAGE PRICE OF 3,058 HOMES

$204,030

AVERAGE PRICE OF 110 DISTRESSED HOMES

$1,870,816

AVERAGE PRICE OF 74 MULTI-MILLION DOLLAR HOMES

$458,689

AVERAGE PRICE OF 178 NEWLY BUILT HOMES

$585,220

AVERAGE PRICE OF 151 HOMES WITH A POOL

$327,872

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $331,910
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.99 baths

Average Price by Bedrooms

1 bedroom $501,046
2 bedrooms $407,123
3 bedrooms $458,937
4 bedrooms $563,398
5 bedrooms $827,884
Albuquerque Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 3,185 3,237 3,040 2,679 2,192
Average Price $326,650 $322,298 $318,920 $327,017 $342,112
Avg Price Change +1.35% +1.06% -2.54% -4.62% -6.81%
Median Price $254,879 $251,721 $245,947 $242,419 $262,154
Med Price Change +1.25% +2.35% +1.46% -8.14% -10.69%
Avg Bedrooms 3.13 beds 3.17 beds 3.23 beds 3.02 beds 3.27 beds
Avg Bathrooms 2.94 baths 3.13 baths 3.08 baths 2.85 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 271 $311,660 62 days
Albuquerque High 3 $665,666 80 days
Cibola High School 1 $675,000 88 days
Highland 228 $267,835 48 days
La Cueva 304 $639,942 67 days
Manzano 2 $1,062,000 40 days
Unknown 10 $838,900 87 days
Volcano Vista 283 $280,598 52 days
West Mesa 280 $297,627 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,058 $331,910 68 days
Distressed Homes 110 $204,030 76 days
Multi-Million Dollar Homes 74 $1,870,816 76 days
Newly Built Homes 178 $458,689 76 days
Homes with a Pool 151 $585,220 53 days
Reduced Price Homes 88 $327,872 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.
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