The NMWelcomeHome Team Blog

February 2024 Market Stats

Highlights are a comparison between February 2023 and February  2024

• Median detached home price increased 4.8 percent to $340,458
• Average detached home price increased 6.8 percent to $389,869
• Overall inventory of detached homes for sales increased 7.7 percent to 1110

February Reports  

• Green Sheet
• Full Market Report
• Showings Report  
• Local Market Snapshot Reports (by zip code & MLS Area)  PLEASE CONTACT SWMLS Help Desk for this file at support@swmls.com          

Courtesy and Reference GAAR.com

Newest Listings Albuquerque

• All Listings
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000

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New Open House

$785,000

5705 Royal Oak Place Ne, Albuquerque

4 Beds 3 Baths 2,800 SqFt Residential

Open House

Sat, Sep 19th, 2026 @ 1pm - 3pm

MLS® # 1110656

Coldwell Banker Legacy

New Open House

$780,000

8705 Signal Avenue Ne, Albuquerque

3 Beds 3 Baths 2,074 SqFt Residential

Open House

Sat, Sep 19th, 2026 @ 2pm - 4pm

MLS® # 1110922

Vista Encantada Realtors, LLC

New

$724,000

12015 Kachina Peak Trail Nw, Albuquerque

4 Beds 4 Baths 3,752 SqFt Residential MLS® # 1111092

Realty One of New Mexico

New Open House

$625,000

8701 New Hampton Road Ne, Albuquerque

3 Beds 3 Baths 2,720 SqFt Residential

Open House

Sat, Sep 19th, 2026 @ 11am - 2pm

MLS® # 1111062

Keller Williams Realty

New

$520,000

608 Cedar Hill Road Ne, Albuquerque

3 Beds 2 Baths 2,239 SqFt Residential MLS® # 1109884

Realty One of New Mexico

New Open House

$500,000

705 Navarra Way Se, Albuquerque

3 Beds 2 Baths 2,329 SqFt Residential

Open House

Sat, Sep 19th, 2026 @ 1pm - 3pm

MLS® # 1111119

Coldwell Banker Legacy

New

$499,000

9511 4th Street Nw, Albuquerque

3 Beds 1 Bath 1,562 SqFt Residential MLS® # 1111046

Premier Home Team Realtors

New

$479,000

1009 Adams Street Se, Albuquerque

3 Beds 2 Baths 1,554 SqFt Residential MLS® # 1111087

Keller Williams Realty

New

$469,900

2410 Vicic Road Nw, Albuquerque

3 Beds 3 Baths 1,881 SqFt Residential MLS® # 1111070

The Maez Group

New

$458,000

10400 Toscana Street Nw, Albuquerque

4 Beds 4 Baths 3,023 SqFt Residential MLS® # 1111099

Realty One of New Mexico

New

$450,000

13104 Blue Corn Maiden Trail Ne, Albuquerque

3 Beds 2 Baths 1,998 SqFt Residential MLS® # 1111118

Coldwell Banker Legacy

New

$435,000

421 N La Veta Drive Ne, Albuquerque

3 Beds 2 Baths 2,276 SqFt Residential MLS® # 1111066

Realty One of New Mexico

New Open House

$430,000

1511 San Lorenzo Avenue Nw, Albuquerque

3 Beds 2 Baths 2,039 SqFt Residential

Open House

Sat, Sep 19th, 2026 @ 2pm - 4pm

MLS® # 1110898

Redfin Corporation

New

$429,900

9101 Old Mill Street Nw, Albuquerque

4 Beds 3 Baths 2,342 SqFt Residential MLS® # 1111047

R & R Real Estate Partners LLC

New

$365,000

2900 Duerson Trail Sw, Albuquerque

3 Beds 2 Baths 2,235 SqFt Residential MLS® # 1111045

Opendoor Brokerage, LLC

New

$359,000

↑ $4,000

7501 Banyon Avenue Nw, Albuquerque

3 Beds 3 Baths 1,728 SqFt Residential MLS® # 1110329

Arete Real Estate LLC

New

$333,900

1728 Bryn Mawr Drive Ne, Albuquerque

3 Beds 2 Baths 1,205 SqFt Residential MLS® # 1111060

Realty One of New Mexico

New

$329,000

9508 Valle Caldera Road Sw, Albuquerque

4 Beds 3 Baths 2,234 SqFt Residential MLS® # 1110639

Arete Real Estate LLC

New

$305,000

1124 Dorothy Street Ne, Albuquerque

3 Beds 2 Baths 1,200 SqFt Residential MLS® # 1110839

Realty One of New Mexico

New

$293,500

7452 Burlison Drive Ne, Albuquerque

2 Beds 2 Baths 1,499 SqFt Residential MLS® # 1110936

Coldwell Banker Legacy

New

$290,000

10516 Lexington Avenue Ne, Albuquerque

5 Beds 2 Baths 2,053 SqFt Residential MLS® # 1111059

EXP Realty, LLC

New Open House

$285,000

9222 Aztec Road Ne, Albuquerque

3 Beds 2 Baths 1,290 SqFt Residential

Open House

Thu, Sep 17th, 2026 @ 9am - 7pm

MLS® # 1111078

Opendoor Brokerage, LLC

New

$280,000

12737 Tomlinson Drive Se, Albuquerque

4 Beds 2 Baths 1,774 SqFt Residential MLS® # 1111058

EXP Realty, LLC

New

$275,000

1331 Park Avenue Sw Unit 1204, Albuquerque

1 Bed 1 Bath 850 SqFt Residential MLS® # 1111079

Coldwell Banker Legacy

New

$275,000

6427 Trujillo Road Sw, Albuquerque

4 Beds 2 Baths 1,451 SqFt Residential MLS® # 1111082

EXP Realty, LLC

New

$239,000

4701 Morris Street Ne Apt 2604, Albuquerque

2 Beds 3 Baths 1,176 SqFt Residential MLS® # 1111048

TAL Realty, LLC

New

$212,900

2109 Stanford Drive Se, Albuquerque

3 Beds 2 Baths 1,350 SqFt Residential MLS® # 1111089

Berkshire Hathaway NM Prop

New

$139,000

3845 Montgomery Boulevard Ne Apt 925, Albuquerque

2 Beds 1 Bath 928 SqFt Residential MLS® # 1111110

Realty One of New Mexico

CONTACT US (505) 886-1432