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Albuquerque Market Report

$337,701

AVERAGE PRICE OF 2,229 HOMES

$175,861

AVERAGE PRICE OF 94 DISTRESSED HOMES

$2,312,494

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$442,934

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$610,847

AVERAGE PRICE OF 107 HOMES WITH A POOL

$275,512

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $337,701
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $931,701
2 bedrooms $227,530
3 bedrooms $455,897
4 bedrooms $710,856
5 bedrooms $1,253,007
Albuquerque Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 2,192 1,025 1,099 1,312 1,518
Average Price $342,112 $365,398 $348,949 $343,302 $346,417
Avg Price Change -6.81% +4.71% +1.64% -0.91% -0.06%
Median Price $262,154 $290,182 $271,641 $266,075 $269,503
Med Price Change -10.69% +6.83% +2.09% -1.29% +0.44%
Avg Bedrooms 3.27 beds 3.64 beds 3.69 beds 3.73 beds 3.62 beds
Avg Bathrooms 3.04 baths 3.2 baths 3.13 baths 3.14 baths 3.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 216 $299,095 21 days
Albuquerque High 1 $552,000 26 days
Highland 148 $258,573 19 days
La Cueva 177 $560,300 20 days
Manzano 1 $775,000 338 days
Unknown 12 $862,075 114 days
Volcano Vista 179 $268,165 19 days
West Mesa 180 $261,867 20 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,229 $337,701 72 days
Distressed Homes 94 $175,861 21 days
Multi-Million Dollar Homes 64 $2,312,494 163 days
Newly Built Homes 121 $442,934 22 days
Homes with a Pool 107 $610,847 130 days
Reduced Price Homes 47 $275,512 21 days
Karsten & Associates
Elizabeth Karsten
5852 Osuna Rd NE
Albuquerque, NM 87109
505-750-7626

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.