Property prices for sale in Albuquerque (New Mexico)

The prices in real estate in Albuquerque, in the New Mexico region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$289,534.2
Average price last 6 months
$133.8
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Albuquerque has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $133. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (November, December) had a considerable increment of 201 %. The price per sq.feet has had a considerable increase of 135 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $100 to $134.5 during January, and February.

Average price

Based upon to the price in Albuquerque (cities), this has gone downing the last 6 months. The average price for September is $271,810. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable increase of 213 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $310,413 they are 34 % more affordable than the average price for Albuquerque. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 1 bedroom priced at $349,413.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $139 / sq.feet price in Albuquerque. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $310,413 it is 2 % cheaper than the average price in Albuquerque. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $303,553 it is 12 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $138 / sq.feet followed by "House" priced at $152 / sq.feet. "House" is the most costly type of property with a $152 / sq.feet cost followed by "Townhouse" with an average price of $138 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Albuquerque
Number of properties used in region New Mexico
$310,413
$139
9,012
56,928
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
$600 Room For Rent In Albuquerque Albuquerque
 1
$600 Room For Rent In Albuquerque Albuquerque
$600
Albuquerque, New Mexico - For Rent - House - 4 bedrooms - 2 bathrooms
Sublet com listing id for more information and pictures visit https www sublet com rent asp and enter listing id contact a sublet com representative at if you...
Olympus Solaire 3 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
 6
Olympus Solaire 3 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
$1,185
Albuquerque, New Mexico - For Rent - 1,213 sq.feet - 2 bathrooms
Albuquerque offers both invigorating city life as well as outdoor appreciation for the nature lovers at heart. At olympus solaire, you'll experience the eclectic...
Olympus Encantada 1 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
 20
Olympus Encantada 1 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
$1,145
Albuquerque, New Mexico - For Rent - 829 sq.feet - 1 bathroom
Olympus encantada welcomes you to experience luxury living as it was meant to be at premium apartments in albuquerque, nm. With an impressive array of one...
Olympus Solaire 2 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
 6
Olympus Solaire 2 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
$900
Albuquerque, New Mexico - For Rent - 935 sq.feet - 2 bathrooms
Albuquerque offers both invigorating city life as well as outdoor appreciation for the nature lovers at heart. At olympus solaire, you'll experience the eclectic...
Olympus Solaire 1 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
 6
Olympus Solaire 1 Bedroom Apartment For Rent At 3550 Old Airport Rd Nw, Albuquerque, Nm 87...
$886
Albuquerque, New Mexico - For Rent - 670 sq.feet - 1 bathroom
Albuquerque offers both invigorating city life as well as outdoor appreciation for the nature lovers at heart. At olympus solaire, you'll experience the eclectic...