Albuquerque Market Report
$358,645
AVERAGE PRICE OF 2,518 HOMES$199,630
AVERAGE PRICE OF 36 DISTRESSED HOMES$1,829,925
AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES$453,398
AVERAGE PRICE OF 125 NEWLY BUILT HOMES$705,665
AVERAGE PRICE OF 100 HOMES WITH A POOL$367,024
AVERAGE PRICE OF 52 REDUCED PRICE HOMESAverage Home
| Average Price | $358,645 |
| Avg Bedrooms | 2.7 beds |
| Avg Bathrooms | 2.06 baths |
Average Price by Bedrooms
| 1 bedroom | $406,672 |
| 2 bedrooms | $248,744 |
| 3 bedrooms | $304,421 |
| 4 bedrooms | $443,299 |
| 5 bedrooms | $677,173 |
Albuquerque Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 2,387 | 2,285 | 2,219 | 2,197 | 2,193 |
| Average Price | $352,098 | $343,165 | $334,805 | $326,099 | $333,810 |
| Avg Price Change | +2.60% | +2.50% | +2.67% | -2.36% | -1.16% |
| Median Price | $284,699 | $277,320 | $270,956 | $262,505 | $258,361 |
| Med Price Change | +2.66% | +2.35% | +3.22% | +1.60% | +0.61% |
| Avg Bedrooms | 2.67 beds | 2.63 beds | 2.57 beds | 2.56 beds | 2.55 beds |
| Avg Bathrooms | 2.14 baths | 2.24 baths | 2.09 baths | 1.94 baths | 1.93 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Albuquerque | 205 | $358,893 | 66 days |
| Highland | 219 | $300,616 | 56 days |
| La Cueva | 252 | $584,936 | 78 days |
| Volcano Vista | 228 | $277,212 | 71 days |
| West Mesa | 219 | $333,403 | 46 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,518 | $358,645 | 67 days |
| Distressed Homes | 36 | $199,630 | 115 days |
| Multi-Million Dollar Homes | 70 | $1,829,925 | 120 days |
| Newly Built Homes | 125 | $453,398 | 107 days |
| Homes with a Pool | 100 | $705,665 | 42 days |
| Reduced Price Homes | 52 | $367,024 | 32 days |
