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Albuquerque Market Report

$343,925

AVERAGE PRICE OF 1,526 HOMES

$158,033

AVERAGE PRICE OF 71 DISTRESSED HOMES

$1,637,060

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$365,564

AVERAGE PRICE OF 98 NEWLY BUILT HOMES

$693,211

AVERAGE PRICE OF 100 HOMES WITH A POOL

$276,519

AVERAGE PRICE OF 105 REDUCED PRICE HOMES

Average Home

Average Price $343,925
Avg Bedrooms 3.59 beds
Avg Bathrooms 3.1 baths

Average Price by Bedrooms

1 bedroom $206,007
2 bedrooms $191,892
3 bedrooms $455,879
4 bedrooms $731,654
5 bedrooms $1,242,250
Albuquerque Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 1,626 1,596 1,636 1,655 1,600
Average Price $346,609 $345,824 $350,465 $349,887 $351,607
Avg Price Change +0.23% -1.34% +0.17% -0.49% +1.16%
Median Price $268,317 $265,683 $268,886 $269,963 $274,286
Med Price Change +0.99% -1.21% -0.40% -1.60% +0.97%
Avg Bedrooms 3.65 beds 3.56 beds 3.68 beds 3.65 beds 3.7 beds
Avg Bathrooms 3.21 baths 3.14 baths 3.22 baths 3.19 baths 3.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 172 $323,780 82 days
Albuquerque High 1 $649,000 19 days
Eldorado 153 $371,362 62 days
Eldorado High School 1 $895,000 221 days
Highland 143 $250,737 66 days
La Cueva 165 $723,644 72 days
Manzano 1 $775,000 197 days
Unknown 4 $1,404,750 190 days
West Mesa 126 $281,580 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,526 $343,925 98 days
Distressed Homes 71 $158,033 53 days
Multi-Million Dollar Homes 37 $1,637,060 174 days
Newly Built Homes 98 $365,564 84 days
Homes with a Pool 100 $693,211 137 days
Reduced Price Homes 105 $276,519 60 days
Karsten & Associates
Elizabeth Karsten
5852 Osuna Rd NE
Albuquerque, NM 87109
505-750-7626

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.