Albuquerque Market Report
$452,270
AVERAGE PRICE OF 1,921 HOMES$250,729
AVERAGE PRICE OF 34 DISTRESSED HOMES$1,873,738
AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES$594,296
AVERAGE PRICE OF 114 NEWLY BUILT HOMES$734,703
AVERAGE PRICE OF 120 HOMES WITH A POOL$475,071
AVERAGE PRICE OF 111 REDUCED PRICE HOMESAverage Home
| Average Price | $452,270 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 1.97 baths |
Average Price by Bedrooms
| 1 bedroom | $515,961 |
| 2 bedrooms | $332,442 |
| 3 bedrooms | $380,326 |
| 4 bedrooms | $525,578 |
| 5 bedrooms | $760,031 |
Albuquerque Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 1,963 | 1,918 | 1,877 | 1,814 | 1,737 |
| Average Price | $449,930 | $460,330 | $460,631 | $451,873 | $440,606 |
| Avg Price Change | -2.31% | -0.07% | +1.94% | +2.56% | +1.59% |
| Median Price | $350,639 | $363,565 | $363,192 | $359,212 | $352,410 |
| Med Price Change | -3.69% | +0.10% | +1.11% | +1.93% | +1.13% |
| Avg Bedrooms | 2.65 beds | 2.66 beds | 2.66 beds | 2.62 beds | 2.59 beds |
| Avg Bathrooms | 1.97 baths | 1.99 baths | 2.01 baths | 1.99 baths | 1.96 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Highland | 139 | $375,623 | 47 days |
| La Cueva | 171 | $678,941 | 98 days |
| Rio Grande | 149 | $377,024 | 162 days |
| Volcano Vista | 195 | $342,803 | 114 days |
| West Mesa | 183 | $402,506 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,921 | $452,270 | 84 days |
| Distressed Homes | 34 | $250,729 | 82 days |
| Multi-Million Dollar Homes | 101 | $1,873,738 | 114 days |
| Newly Built Homes | 114 | $594,296 | 114 days |
| Homes with a Pool | 120 | $734,703 | 45 days |
| Reduced Price Homes | 111 | $475,071 | 53 days |
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.
