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Albuquerque Market Report

$369,137

AVERAGE PRICE OF 995 HOMES

$162,405

AVERAGE PRICE OF 48 DISTRESSED HOMES

$1,703,292

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$393,287

AVERAGE PRICE OF 98 NEWLY BUILT HOMES

$697,074

AVERAGE PRICE OF 70 HOMES WITH A POOL

$357,632

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $369,137
Avg Bedrooms 3.65 beds
Avg Bathrooms 3.21 baths

Average Price by Bedrooms

1 bedroom $258,964
2 bedrooms $207,364
3 bedrooms $618,402
4 bedrooms $779,975
5 bedrooms $864,904
Albuquerque Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 1,099 1,312 1,518 1,626 1,596
Average Price $348,949 $343,302 $346,417 $346,609 $345,824
Avg Price Change +1.64% -0.91% -0.06% +0.23% -1.34%
Median Price $271,641 $266,075 $269,503 $268,317 $265,683
Med Price Change +2.09% -1.29% +0.44% +0.99% -1.21%
Avg Bedrooms 3.69 beds 3.73 beds 3.62 beds 3.65 beds 3.56 beds
Avg Bathrooms 3.13 baths 3.14 baths 3.16 baths 3.21 baths 3.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 148 $324,672 78 days
Albuquerque High 1 $325,000 35 days
Eldorado High School 1 $238,400 72 days
Highland 103 $272,398 59 days
La Cueva 104 $704,071 61 days
Manzano 1 $775,000 292 days
Unknown 6 $1,360,833 159 days
Valley 74 $457,879 92 days
West Mesa 98 $337,259 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 995 $369,137 107 days
Distressed Homes 48 $162,405 47 days
Multi-Million Dollar Homes 25 $1,703,292 212 days
Newly Built Homes 98 $393,287 62 days
Homes with a Pool 70 $697,074 177 days
Reduced Price Homes 61 $357,632 51 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.