Albuquerque Market Report
$411,320
AVERAGE PRICE OF 3,746 HOMES$241,618
AVERAGE PRICE OF 48 DISTRESSED HOMES$1,768,445
AVERAGE PRICE OF 166 MULTI-MILLION DOLLAR HOMES$504,473
AVERAGE PRICE OF 294 NEWLY BUILT HOMES$842,760
AVERAGE PRICE OF 170 HOMES WITH A POOL$392,459
AVERAGE PRICE OF 182 REDUCED PRICE HOMESAverage Home
| Average Price | $411,320 |
| Avg Bedrooms | 2.51 beds |
| Avg Bathrooms | 1.92 baths |
Average Price by Bedrooms
| 1 bedroom | $582,367 |
| 2 bedrooms | $321,475 |
| 3 bedrooms | $366,656 |
| 4 bedrooms | $499,988 |
| 5 bedrooms | $687,721 |
Albuquerque Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 4,053 | 4,200 | 4,272 | 2,201 | 2,211 |
| Average Price | $408,866 | $412,999 | $412,662 | $407,225 | $407,541 |
| Avg Price Change | -1.01% | +0.08% | +1.34% | -0.08% | n/a |
| Median Price | $325,000 | $326,498 | $325,842 | $325,376 | $325,299 |
| Med Price Change | -0.46% | +0.20% | +0.14% | +0.02% | n/a |
| Avg Bedrooms | 2.54 beds | 2.58 beds | 2.64 beds | 2.64 beds | 2.66 beds |
| Avg Bathrooms | 1.93 baths | 1.95 baths | 1.98 baths | 1.97 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Albuquerque | 278 | $378,079 | 65 days |
| La Cueva | 322 | $640,801 | 79 days |
| Rio Grande | 302 | $312,646 | 106 days |
| Volcano Vista | 465 | $279,964 | 106 days |
| West Mesa | 338 | $370,986 | 69 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,746 | $411,320 | 79 days |
| Distressed Homes | 48 | $241,618 | 56 days |
| Multi-Million Dollar Homes | 166 | $1,768,445 | 106 days |
| Newly Built Homes | 294 | $504,473 | 103 days |
| Homes with a Pool | 170 | $842,760 | 64 days |
| Reduced Price Homes | 182 | $392,459 | 51 days |
