Albuquerque Market Report

$757,529

AVERAGE PRICE OF 2,016 HOMES

$343,480

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,840,283

AVERAGE PRICE OF 86 MULTI-MILLION DOLLAR HOMES

$553,283

AVERAGE PRICE OF 156 NEWLY BUILT HOMES

$760,000

AVERAGE PRICE OF 94 HOMES WITH A POOL

$445,879

AVERAGE PRICE OF 90 REDUCED PRICE HOMES

Average Home

Average Price $757,529
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $515,709
2 bedrooms $353,152
3 bedrooms $517,362
4 bedrooms $752,252
5 bedrooms $869,000
Albuquerque Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,811 1,757 1,700 1,871 1,936
Average Price $747,150 $937,999 $454,089 $451,046 $454,143
Avg Price Change -25.54% +106.57% +0.67% -0.69% -1.60%
Median Price $364,044 $363,835 $361,695 $352,615 $352,433
Med Price Change +0.06% +0.59% +2.58% +0.05% -0.39%
Avg Bedrooms 3.01 beds 2.79 beds 2.8 beds 2.91 beds 2.79 beds
Avg Bathrooms 2.53 baths 2.38 baths 2.41 baths 2.56 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unknown 8 $677,750 129 days
West Mesa 246 $404,875 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,016 $757,529 87 days
Distressed Homes 20 $343,480 76 days
Multi-Million Dollar Homes 86 $1,840,283 155 days
Newly Built Homes 156 $553,283 71 days
Homes with a Pool 94 $760,000 55 days
Reduced Price Homes 90 $445,879 58 days
JT & Associates | Keller Williams Realty
6240 Riverside Plaza Ln Ste 100
Albuquerque, NM 87120


Jonathan Tenorio: (505)-410-8568


Office: (505)-897-1100

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 Jonathan Tenorio-Keller Williams Realty-NMWelcomeHome 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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