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Albuquerque Market Report

$343,327

AVERAGE PRICE OF 1,613 HOMES

$160,383

AVERAGE PRICE OF 53 DISTRESSED HOMES

$1,749,819

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$356,617

AVERAGE PRICE OF 88 NEWLY BUILT HOMES

$693,790

AVERAGE PRICE OF 108 HOMES WITH A POOL

$320,639

AVERAGE PRICE OF 115 REDUCED PRICE HOMES

Average Home

Average Price $343,327
Avg Bedrooms 3.55 beds
Avg Bathrooms 3.12 baths

Average Price by Bedrooms

1 bedroom $198,853
2 bedrooms $198,131
3 bedrooms $420,923
4 bedrooms $763,606
5 bedrooms $1,062,859
Albuquerque Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 1,636 1,655 1,600 1,496 1,425
Average Price $350,465 $349,887 $351,607 $347,584 $343,891
Avg Price Change +0.17% -0.49% +1.16% +1.07% +3.58%
Median Price $268,886 $269,963 $274,286 $271,646 $269,752
Med Price Change -0.40% -1.60% +0.97% +0.70% +3.96%
Avg Bedrooms 3.68 beds 3.65 beds 3.7 beds 3.67 beds 3.74 beds
Avg Bathrooms 3.22 baths 3.19 baths 3.35 baths 3.27 baths 3.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 170 $343,316 78 days
Cibola 140 $315,654 52 days
Eldorado 172 $376,813 52 days
Eldorado High School 1 $895,000 165 days
Highland 149 $268,950 66 days
La Cueva 179 $696,977 56 days
Manzano 1 $799,000 141 days
Unknown 7 $1,039,129 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,613 $343,327 90 days
Distressed Homes 53 $160,383 47 days
Multi-Million Dollar Homes 32 $1,749,819 166 days
Newly Built Homes 88 $356,617 82 days
Homes with a Pool 108 $693,790 151 days
Reduced Price Homes 115 $320,639 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.