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.

$289,215
Average price last 6 months
$135
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 July, the average price per sq.feet was $136. In August this price pretty much remained the same at a value of $139 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable increase of 131 % 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 $102 to $133.5 during November, and December.

Average price

Based upon to the price in Albuquerque (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $291,931. In August This price remains at $303,857. During the following two months (September, October) the average price had a considerable reduction of 46 % 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 133 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $280,588 in Albuquerque. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($136 / sq.feet) in Albuquerque. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Albuquerque we can see that the cheapest property type is "House" at a price of $280,588, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $136 / sq.feet. "House" with an average cost of $136 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Albuquerque
Number of properties used in region New Mexico
$280,588
$136
4,522
44,986
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value