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Albuquerque Market Report

$352,637

AVERAGE PRICE OF 1,091 HOMES

$173,085

AVERAGE PRICE OF 58 DISTRESSED HOMES

$1,787,267

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$374,797

AVERAGE PRICE OF 87 NEWLY BUILT HOMES

$771,127

AVERAGE PRICE OF 75 HOMES WITH A POOL

$341,260

AVERAGE PRICE OF 69 REDUCED PRICE HOMES

Average Home

Average Price $352,637
Avg Bedrooms 3.64 beds
Avg Bathrooms 3.09 baths

Average Price by Bedrooms

1 bedroom $236,180
2 bedrooms $193,984
3 bedrooms $620,260
4 bedrooms $781,093
5 bedrooms $834,404
Albuquerque Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 1,312 1,518 1,626 1,596 1,636
Average Price $343,302 $346,417 $346,609 $345,824 $350,465
Avg Price Change -0.91% -0.06% +0.23% -1.34% +0.17%
Median Price $266,075 $269,503 $268,317 $265,683 $268,886
Med Price Change -1.29% +0.44% +0.99% -1.21% -0.40%
Avg Bedrooms 3.73 beds 3.62 beds 3.65 beds 3.56 beds 3.68 beds
Avg Bathrooms 3.14 baths 3.16 baths 3.21 baths 3.14 baths 3.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 134 $326,400 85 days
Albuquerque High 2 $512,000 43 days
Eldorado High School 1 $238,400 41 days
Highland 102 $263,467 70 days
La Cueva 96 $730,887 90 days
Manzano 1 $775,000 261 days
Unknown 5 $1,517,000 158 days
Volcano Vista 93 $340,256 47 days
West Mesa 97 $317,497 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,091 $352,637 100 days
Distressed Homes 58 $173,085 57 days
Multi-Million Dollar Homes 27 $1,787,267 205 days
Newly Built Homes 87 $374,797 75 days
Homes with a Pool 75 $771,127 169 days
Reduced Price Homes 69 $341,260 66 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.