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Albuquerque Market Report

$319,896

AVERAGE PRICE OF 3,119 HOMES

$193,364

AVERAGE PRICE OF 142 DISTRESSED HOMES

$1,793,508

AVERAGE PRICE OF 75 MULTI-MILLION DOLLAR HOMES

$428,334

AVERAGE PRICE OF 184 NEWLY BUILT HOMES

$542,859

AVERAGE PRICE OF 178 HOMES WITH A POOL

$383,192

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

Average Home

Average Price $319,896
Avg Bedrooms 3.28 beds
Avg Bathrooms 3.19 baths

Average Price by Bedrooms

1 bedroom $373,869
2 bedrooms $229,626
3 bedrooms $631,158
4 bedrooms $717,293
5 bedrooms $937,043
Albuquerque Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 2,679 2,192 1,025 1,099 1,312
Average Price $327,017 $342,112 $365,398 $348,949 $343,302
Avg Price Change -4.62% -6.81% +4.71% +1.64% -0.91%
Median Price $242,419 $262,154 $290,182 $271,641 $266,075
Med Price Change -8.14% -10.69% +6.83% +2.09% -1.29%
Avg Bedrooms 3.02 beds 3.27 beds 3.64 beds 3.69 beds 3.73 beds
Avg Bathrooms 2.85 baths 3.04 baths 3.2 baths 3.13 baths 3.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 298 $295,890 47 days
Albuquerque High 1 $552,000 74 days
Cibola High School 1 $675,000 9 days
Eldorado 239 $363,217 38 days
La Cueva 291 $736,781 26 days
Unknown 7 $1,272,714 204 days
Volcano Vista 271 $278,093 41 days
West Mesa 247 $257,737 42 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,119 $319,896 91 days
Distressed Homes 142 $193,364 54 days
Multi-Million Dollar Homes 75 $1,793,508 161 days
Newly Built Homes 184 $428,334 51 days
Homes with a Pool 178 $542,859 149 days
Reduced Price Homes 82 $383,192 38 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.