Property prices for sale in Albuquerque (New Mexico)

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

$326,339.5
Average price last 6 months
$148.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Albuquerque has increased strongly during the last 6 months. In December, the average price per sq.feet was $132. In January this price pretty much remained the same at a value of $132 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $132 to $149 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $140.5 to $165 during April, and May.

Average price

Based upon to the price in Albuquerque (cities), this has gone up considerably in the last 6 months. The price in December is $254,665, rising in January till $273,052. During the following two months (February, March) the price has had an average incrementation from $263,858.5 to $296,699. Based on an analysis of the first four prices and the last two months the average price has risen strongly 149 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $491,375 they are 83 % more affordable than the average price for Albuquerque. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $248,524.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $126 / sq.feet, with an average $177 / sq.feet price in Albuquerque. The properties with the lowest average prices have 2 bedrooms. They are 20 % cheaper than the average followed by properties with 4 bedrooms with a price at $139 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $491,375 it is 73 % cheaper than the average price in Albuquerque. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Villa". At a price of $302,036 it is 163 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $105 / sq.feet followed by "Townhouse" priced at $119 / sq.feet. "Condo" is the most costly type of property with a $344 / sq.feet cost followed by "Villa" with an average price of $133 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Albuquerque
Number of properties used in region New Mexico
$491,375
$177
8,812
65,764
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
 34
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
$312,186
Albuquerque, New Mexico - For Sale - House - 1,785 sq.feet - 3 bedrooms - 2 bathrooms
Albuquerque, nm-87120. Special offer!: pulte homes offers a $2,000 incentive for usaa...
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
 33
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
$310,008
Albuquerque, New Mexico - For Sale - House - 1,785 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the hewitt plan by pulte homes, and is located in the community of the ridge at stormcloud at 8823 wind sock rd. Nw, albuquerque...
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
 25
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
$357,892
Albuquerque, New Mexico - For Sale - House - 2,000 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the senita plan by pulte homes, and is located in the community of the la orilla at 4110 sumac dr. Nw, albuquerque, nm...
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
 11
Brand New Home In Albuquerque, Nm. 3 Bed, 2 Bath
$451,453
Albuquerque, New Mexico - For Sale - House - 2,597 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the trento plan by pulte homes, and is located in the community of the mesa del sol at 6101 wyeth dr se, albuquerque, nm...
Brand New Home In Albuquerque, Nm. 4 Bed, 3 Bath
 15
Brand New Home In Albuquerque, Nm. 4 Bed, 3 Bath
$419,530
Albuquerque, New Mexico - For Sale - House - 2,597 sq.feet - 4 bedrooms - 3 bathrooms
This new construction, quick delivery home is the trento plan by pulte homes, and is located in the community of the mesa del sol at 6112 wyeth dr se, albuquerque, nm...
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...
$1,229
Albuquerque, New Mexico - For Rent - Apartment - 829 sq.feet - 1 bedroom - 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-, two...
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
 20
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
$1,635
Albuquerque, New Mexico - For Rent - Apartment - 1,298 sq.feet - 2 bedrooms - 2 bathrooms
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-, two...
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
 20
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
$1,526
Albuquerque, New Mexico - For Rent - Apartment - 1,206 sq.feet - 2 bedrooms - 2 bathrooms
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-, two...
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
 20
Olympus Encantada 2 Bedroom Apartment For Rent At 6401 Santa Monica Ave Ne, Albuquerque, N...
$1,329
Albuquerque, New Mexico - For Rent - Apartment - 1,218 sq.feet - 2 bedrooms - 2 bathrooms
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-, two...
The Netherwood Village 1 Bedroom Apartment For Rent At 1501 Indian School Rd Ne, Albuquerq...
 20
The Netherwood Village 1 Bedroom Apartment For Rent At 1501 Indian School Rd Ne, Albuquerq...
$715
Albuquerque, New Mexico - For Rent - Apartment - 638 sq.feet - 1 bedroom - 1 bathroom
Located in east albuquerque, adjacent to the unm campus, life at netherwood village means upgraded living in an ideal location. Apartments feature modern updates...