What is the Average Home Price In Albuquerque NM?
The average home price in Albuquerque is $372,793 for October 2022, Year to Date (YTD). Read more and view the historical average home price in Albuerque NM. In addtion, check out this page for the median home price in Albuquerque.
Average Home Price In Albuquerque NM By Month 2022
| Month | Average Home Price In Albuquerque NM | % YOY Change | YTD Average Home Price | % YOY Change |
| January | $337,685 | +12.9 | $337,685 | +12.9 |
| February | $352,304 | +15.1 | $344,503 | +13.9 |
| March | $363,952 | +20.1 | $352,197 | +16.4 |
| April | $387,843 | +19.2 | $362,302 | +17.2 |
| May | $394,890 | +21.0 | $370,054 | +18.3 |
| June | $384,954 | +12.7 | $373,049 | +19.2 |
| July | $379,393 | +12.0 | $373,964 | +17.1 |
| August | $362,819 | +5.6 | $372,465 | +14.6 |
| September | $370,111 | +10.9 | $372,222 | +14.2 |
| October | $378,736 | +15.9 | $372,793 | +14.3 |
| November | ||||
| December |
Average Home Price in Albuquerque NM by Year
The table below provides the average home price in Albuquerque beginning in 2000. This data is based on the sales prices of single family detached homes sold in the city of Albuquerque for each year. In contrast, many of the big real estate websites utilize the “list price” as their data source. Comparatively, our data is the most accurate information available.
| Year | Average Home Price in Albuquerque NM | Average Home Price in Albuquerque % YOY Change |
| 2021 | $330,420 | +11.95 |
| 2020 | $295,149 | +12.59 |
| 2019 | $262,156 | +7.90 |
| 2018 | $242,968 | +2.26 |
| 2017 | $237,593 | +3.50 |
| 2016 | $229,574 | +3.25 |
| 2015 | $222,351 | +1.71 |
| 2014 | $218,611 | +1.45 |
| 2013 | $215,488 | +4.91 |
| 2012 | $205,401 | +0.92 |
| 2011 | $203,534 | -6.74 |
| 2010 | $218,234 | +1.19 |
| 2009 | $215,677 | -7.63 |
| 2008 | $233,490 | -5.53 |
| 2007 | $247,136 | +7.9 |
| 2006 | $229,044 | +1.3 |
| 2005 | $206,430 | +10.6 |
| 2004 | $186,644 | +9.9 |
| 2003 | $169,887 | +3.8 |
| 2002 | $163,690 | +3.6 |
| 2001 | $157,944 | +1.6 |
| 2000 | $155,527 | +.05 |
Search Albuquerque Homes For Sale By Price
Our website has all the Albuquerque homes for sale. And, our website is updated hourly so you have the most up to date information available. Also, we have made it easy to search Albuquerque homes for sale by price.
Albuquerque Market Report
Learn more about Albuquerque real estate market, population, employment, weather, income, and cost of living.
Myers & Myers Real Estate
When it comes to real estate, things are always changing. This means that every client and every transaction is different. What is most important is that we help our clients achieve their real estate goals. Furthermore, we believe in and it is the most important part of our business.
Moreover, for most people, buying a house or selling a house, is the biggest financial decision of their lives.
So, it is very important to choose the best real estate agent for the job. Additionally, our team has many years of experience in real estate. And, we are confident that we have the expertise and knowledge necessary to successfully guide you through every step of your transaction. Whether you are buying or selling, our team is dedicated to helping you achieve your real estate goals. Also, we will work hard to exceed your expectations at every stage of the process.
Top Real Estate Agents In Albuquerque for Buyers
If you’re looking for a buyer’s agent, look no further than our buyer’s real estate agents. Our experienced professionals know the ins and outs of the market. Also, they will help you find your dream home with ease. Whether you are looking to buy your first home, upgrade to a new home, or downsize, we will work tirelessly to make sure that you have a clear idea of all your options. With our help, you can rest assured knowing that you won’t miss out on any homes that fit within your unique budget and lifestyle needs.
As experts in negotiation, we will help you secure the best possible price for your new home. So if you’re ready to get started on your exciting home buying journey, contact us today and let’s get started!
Top Real Estate Agents in Albuquerque For Sellers
When searching for a real estate agent to help you sell your home, there are several factors that you should consider. First and foremost, it is important to look at comparable listings in your area.
An effective agent will be able to provide you with a comprehensive market analysis, so that you can get an idea of the current state of the local real estate market. Additionally, it is essential to find an agent who has a good understanding of current market conditions and who can properly estimate what your home is worth.
Finally, when choosing an agent, it is important to evaluate their knowledge of potential improvements that may need to be made in order to maximize your return on investment. In conclusion, with these tips in mind, you are sure to find the perfect real estate agent for your needs.
Data For Average Home Price in Albuquerque NM Calculations
You may be wondering why our average home price in Albuquerque is different from other sources. Our data is from the Greater Albuquerque Association of Realtors and our average price is for “sold price” of homes. In contrast, many sources utilize the “list price” of homes to determine the average home price. No doubt, our data is more accurate using the “sold” home prices than listing home prices. Also our average home price is for single family “detached homes”. Thus, our data excludes townhomes, condos, and manufactured homes.
Our data does not include for sale by owner homes.
Furthermore, New Mexico is a non disclosure state for the sales price of homes sold in New Mexico. In other words, it is very difficult for other sources to gather data on the sales price of a home in New Mexico. However, we have access to the sold prices through the Southwest Multiple Listing System (SWMLS).
