February Market Statistics 2023

Click the links under 'Downloads' to access the Full Market Report (Monthly Indicators) or the Green Sheet Report for the February 2023 Market Statistics.

  • Highlights (the highlights are a comparison between January 2022 and January 2023).
  • Median detached home price increased 3.2 percent to $325,000.
  • Average detached home price increased -0.5 percent to $366,279.
  • Overall inventory of detached homes for sales increased 30.2 percent to 896.

Click here to download the complete February 2023 Local Market Snapsot reports, presented by zip code and MLS Area.

Newest Listings Albuquerque

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New
6926 Isleta Boulevard Sw, Albuquerque

$695,000

6926 Isleta Boulevard Sw, Albuquerque

4 Beds 3 Baths 2,585 SqFt Residential MLS® # 1110581

Realty One of New Mexico

New
9328 Wind Caves Way Nw, Albuquerque

$685,000

9328 Wind Caves Way Nw, Albuquerque

0 Beds 2 Baths 2,561 SqFt Residential MLS® # 1110615

Southwest Select Properties

New
8328 Steinbeck Way Nw, Albuquerque

$650,000

8328 Steinbeck Way Nw, Albuquerque

4 Beds 4 Baths 2,759 SqFt Residential MLS® # 1110586

Pulte Homes of New Mexico

New
1908 Houser Avenue Se, Albuquerque

$629,995

1908 Houser Avenue Se, Albuquerque

5 Beds 4 Baths 3,110 SqFt Residential MLS® # 1110607

Real Broker, LLC

New
10416 Venticello Drive Nw, Albuquerque

$550,000

10416 Venticello Drive Nw, Albuquerque

5 Beds 3 Baths 3,083 SqFt Residential MLS® # 1110622

Elevate New Mexico Realty

New
12205 Victoria Falls Drive Ne, Albuquerque

$530,000

12205 Victoria Falls Drive Ne, Albuquerque

4 Beds 2 Baths 2,776 SqFt Residential MLS® # 1110396

Real Broker, LLC

New
8105 Countrywood Road Ne, Albuquerque

$425,000

8105 Countrywood Road Ne, Albuquerque

2 Beds 2 Baths 1,569 SqFt Residential MLS® # 1110448

Keller Williams Realty

New
3518 Campus Boulevard Ne, Albuquerque

$425,000

3518 Campus Boulevard Ne, Albuquerque

3 Beds 1 Bath 1,503 SqFt Residential MLS® # 1110560

RE/MAX SELECT

New
7516 Ramona Avenue Nw, Albuquerque

$406,500

7516 Ramona Avenue Nw, Albuquerque

5 Beds 3 Baths 2,851 SqFt Residential MLS® # 1110627

Realty One of New Mexico

New Open House
429 General Somervell Street Ne, Albuquerque

$399,000

429 General Somervell Street Ne, Albuquerque

6 Beds 4 Baths 3,107 SqFt Residential
Sat, Sep 12th, 2026 @ 11am - 1pm
MLS® # 1110576

Keller Williams Realty

New Open House
2028 Mountaineer Drive Se, Albuquerque

$399,000

2028 Mountaineer Drive Se, Albuquerque

2 Beds 3 Baths 1,509 SqFt Residential
Sat, Sep 12th, 2026 @ 12pm - 2pm
MLS® # 1110578

Coldwell Banker Legacy

New
4836 Petra Pointe Circle Nw, Albuquerque

$391,000

4836 Petra Pointe Circle Nw, Albuquerque

3 Beds 3 Baths 2,149 SqFt Residential MLS® # 1110619

Cottonwood Realty

New
5815 Painted Pony Drive Nw, Albuquerque

$389,900

↓ $10,000

5815 Painted Pony Drive Nw, Albuquerque

3 Beds 2 Baths 1,690 SqFt Residential MLS® # 1106368

Realty One of New Mexico

New
6901 Zinnia Place Nw, Albuquerque

$389,900

↑ $30,000

6901 Zinnia Place Nw, Albuquerque

3 Beds 4 Baths 1,964 SqFt Residential MLS® # 1109808

Martinez Realty

New
10512 Chance Court Nw, Albuquerque

$375,000

10512 Chance Court Nw, Albuquerque

3 Beds 3 Baths 2,218 SqFt Residential MLS® # 1110595

RE/MAX ELEVATE

New
620 Mountain View Avenue Ne, Albuquerque

$325,000

620 Mountain View Avenue Ne, Albuquerque

3 Beds 2 Baths 1,248 SqFt Residential MLS® # 1110618

Real Broker, LLC

New
6701 Lamar Avenue Nw, Albuquerque

$315,000

6701 Lamar Avenue Nw, Albuquerque

3 Beds 2 Baths 1,452 SqFt Residential MLS® # 1110579

Realty One of New Mexico

New
10548 Ramah Drive Nw, Albuquerque

$315,000

10548 Ramah Drive Nw, Albuquerque

3 Beds 2 Baths 1,194 SqFt Residential MLS® # 1110629

Berkshire Hathaway NM Prop

New
2826 Merlot Drive Sw, Albuquerque

$280,000

2826 Merlot Drive Sw, Albuquerque

3 Beds 2 Baths 1,099 SqFt Residential MLS® # 1110526

Re/Max Alliance, REALTORS

New Open House
3412 Abbey Court Nw, Albuquerque

$240,000

3412 Abbey Court Nw, Albuquerque

2 Beds 2 Baths 1,050 SqFt Residential
Sat, Sep 12th, 2026 @ 1pm - 3pm
MLS® # 1110564

Keller Williams Realty

New
5127 Orion Avenue Nw, Albuquerque

$193,000

5127 Orion Avenue Nw, Albuquerque

2 Beds 2 Baths 1,087 SqFt Residential MLS® # 1109889

Keller Williams Realty

New
629 Fawn Trail Se, Albuquerque

$107,000

629 Fawn Trail Se, Albuquerque

3 Beds 2 Baths 1,152 SqFt Residential MLS® # 1110614

The Hive RE Collective

CONTACT US (505) 886-1432

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Posted by Carlos Martinez on

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