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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

$347,937

AVERAGE PRICE OF 2,326 HOMES

$217,536

AVERAGE PRICE OF 35 DISTRESSED HOMES

$1,720,771

AVERAGE PRICE OF 60 MULTI-MILLION DOLLAR HOMES

$413,706

AVERAGE PRICE OF 136 NEWLY BUILT HOMES

$615,936

AVERAGE PRICE OF 79 HOMES WITH A POOL

$355,259

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $347,937
Avg Bedrooms 3.28 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $344,993
2 bedrooms $282,671
3 bedrooms $808,579
4 bedrooms $419,053
5 bedrooms $969,176
Albuquerque Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 2,230 2,197 2,203 2,470 2,791
Average Price $338,029 $326,099 $335,185 $338,957 $340,254
Avg Price Change +3.66% -2.79% -1.13% -0.38% +0.89%
Median Price $273,709 $262,505 $259,312 $257,548 $261,095
Med Price Change +4.27% +1.23% +0.68% -1.38% +0.15%
Avg Bedrooms 3.2 beds 2.56 beds 3.28 beds 3.13 beds 3.28 beds
Avg Bathrooms 3 baths 1.94 baths 2.91 baths 2.68 baths 2.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 214 $325,216 69 days
Eldorado High School 2 $1,074,950 100 days
Highland 197 $294,943 52 days
La Cueva 260 $936,241 68 days
Rio Grande 1 $1,350,000 82 days
Unknown 5 $844,180 87 days
Volcano Vista 247 $280,454 63 days
West Mesa 185 $443,751 30 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,326 $347,937 72 days
Distressed Homes 35 $217,536 117 days
Multi-Million Dollar Homes 60 $1,720,771 121 days
Newly Built Homes 136 $413,706 86 days
Homes with a Pool 79 $615,936 52 days
Reduced Price Homes 35 $355,259 36 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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