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Albuquerque

Why you'd want to live in Albuquerque

Recognized as one of the one of the most culturally diverse cities in the country, Albuquerque’s ethnic tapestry is reflected in its architecture, artwork, cultural centers and cuisine. Countless customs and traditions are a vibrant part of daily life in the city, making Albuquerque the cultural capital of the Southwest. New Mexico’s largest city, the Albuquerque Metro area has over 908,200 residents and is growing at a steady pace of 1 to 2 percent a year. The area’s five-year growth rate is projected at 7.2 percent compared with the national rate of 4.0 percent. Even as a larger city, Albuquerque can’t help but retain its neighborhood feel. via visitalbuquerque.org

Albuquerque Market Report

$376,086

AVERAGE PRICE OF 2,019 HOMES

$221,921

AVERAGE PRICE OF 23 DISTRESSED HOMES

$1,948,521

AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES

$495,045

AVERAGE PRICE OF 103 NEWLY BUILT HOMES

$942,662

AVERAGE PRICE OF 72 HOMES WITH A POOL

$432,513

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $376,086
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

1 bedroom $358,523
2 bedrooms $273,011
3 bedrooms $518,270
4 bedrooms $447,706
5 bedrooms $4,119,906
Albuquerque Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 2,336 2,465 2,546 2,542 2,505
Average Price $368,923 $359,067 $356,091 $358,070 $357,800
Avg Price Change +2.74% +0.84% -0.56% +0.08% +1.00%
Median Price $296,275 $285,876 $285,501 $288,786 $287,565
Med Price Change +3.64% +0.13% -1.15% +0.42% +0.38%
Avg Bedrooms 3.3 beds 3.09 beds 3.07 beds 3.06 beds 3.12 beds
Avg Bathrooms 2.66 baths 2.49 baths 2.64 baths 2.79 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque High 1 $189,900 10 days
Highland 156 $338,739 65 days
La Cueva 156 $588,452 71 days
Rio Grande 140 $311,043 118 days
Unknown 6 $2,166,667 87 days
Volcano Vista 240 $287,394 105 days
West Mesa 204 $386,252 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,019 $376,086 77 days
Distressed Homes 23 $221,921 60 days
Multi-Million Dollar Homes 55 $1,948,521 140 days
Newly Built Homes 103 $495,045 63 days
Homes with a Pool 72 $942,662 42 days
Reduced Price Homes 30 $432,513 44 days
Karsten & Associates
Karsten Associates
5852 Osuna Rd NE
87109, NM
505-300-4109

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 Karsten & Associates 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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