Click here to download the complete March 2020 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between March 2019 and March 2020)

  • the median detached home price rose 11.5 percent to $238,000
  • the average detached home price rose 10.6 percent to $275,186
  • overall inventory of detached homes for sale decreased  32.3  percent to 1,626
  • the number of closed sales for detached homes increased 0.7 percent to 989
  • the number of detached homes going under contract went down 7.1 percent to 1,130

Newest Listings Albuquerque

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New
4722 Paso Del Puma Place Ne, Albuquerque

$4,200,000

4722 Paso Del Puma Place Ne, Albuquerque

3 Beds 4 Baths 5,000 SqFt Residential MLS® # 1026479

Elite Homes Realty

New
13612 Elena Gallegos Place Ne, Albuquerque

$1,900,000

13612 Elena Gallegos Place Ne, Albuquerque

4 Beds 7 Baths 7,024 SqFt Residential MLS® # 1026321

Keller Williams Realty

New
912 Acequia Escondida Nw, Albuquerque

$1,775,000

912 Acequia Escondida Nw, Albuquerque

3 Beds 3 Baths 4,204 SqFt Residential MLS® # 1024270

RE/MAX SELECT

New
9801 Datura Trail Ne, Albuquerque

$1,200,000

9801 Datura Trail Ne, Albuquerque

4 Beds 4 Baths 4,351 SqFt Residential MLS® # 1024741

The Maez Group

New
12909 Juniper Canyon Trail Ne, Albuquerque

$1,150,000

12909 Juniper Canyon Trail Ne, Albuquerque

3 Beds 3 Baths 3,663 SqFt Residential MLS® # 1025897

Coldwell Banker Legacy

New
328 Paintbrush Drive Ne, Albuquerque

$1,125,000

328 Paintbrush Drive Ne, Albuquerque

4 Beds 5 Baths 5,048 SqFt Residential MLS® # 1026584

Realty One of New Mexico

New
7215 Desert Sun Road Ne, Albuquerque

$998,000

7215 Desert Sun Road Ne, Albuquerque

4 Beds 4 Baths 3,325 SqFt Residential MLS® # 1024816

Coldwell Banker Legacy

New
6605 Lockhaven Lane Ne, Albuquerque

$997,000

6605 Lockhaven Lane Ne, Albuquerque

5 Beds 4 Baths 4,002 SqFt Residential MLS® # 1025469

Realty One of New Mexico

New
804 Harrier Hawk Drive Ne, Albuquerque

$962,000

804 Harrier Hawk Drive Ne, Albuquerque

3 Beds 3 Baths 2,538 SqFt Residential MLS® # 1019305

#SoldBySkip

New
704 Ridgecrest Drive Se, Albuquerque

$950,000

704 Ridgecrest Drive Se, Albuquerque

4 Beds 3 Baths 3,643 SqFt Residential MLS® # 1026358

RE/MAX SELECT

New
451 Poinsettia Place Se, Albuquerque

$895,000

451 Poinsettia Place Se, Albuquerque

4 Beds 5 Baths 4,495 SqFt Residential MLS® # 1026388

Coldwell Banker Legacy

New
1101 Tijeras Avenue Nw, Albuquerque

$850,000

1101 Tijeras Avenue Nw, Albuquerque

4 Beds 6 Baths 4,608 SqFt Residential MLS® # 1026613

Q Realty

New
1504 Los Arboles Avenue Nw, Albuquerque

$850,000

1504 Los Arboles Avenue Nw, Albuquerque

7 Beds 3 Baths 5,317 SqFt Residential MLS® # 1024904

RE/MAX SELECT

New
3215 Maxum Lane Nw, Albuquerque

$826,500

3215 Maxum Lane Nw, Albuquerque

3 Beds 4 Baths 2,397 SqFt Residential MLS® # 1017092

Keller Williams Realty

New
6620 Rim Rock Circle Nw, Albuquerque

$825,000

6620 Rim Rock Circle Nw, Albuquerque

5 Beds 3 Baths 3,043 SqFt Residential MLS® # 1024374

Keller Williams Realty

New
7209 Desert Sun Road Ne, Albuquerque

$798,000

7209 Desert Sun Road Ne, Albuquerque

3 Beds 3 Baths 2,650 SqFt Residential MLS® # 1024822

Coldwell Banker Legacy

New
3209 Maxum Lane Nw, Albuquerque

$794,600

3209 Maxum Lane Nw, Albuquerque

3 Beds 3 Baths 2,092 SqFt Residential MLS® # 1017085

Keller Williams Realty

New
9851 Carmel Avenue Ne, Albuquerque

$775,000

9851 Carmel Avenue Ne, Albuquerque

4 Beds 3 Baths 3,037 SqFt Residential MLS® # 1026556

RE/MAX SELECT

New
12501 Tamarac Trail Ne, Albuquerque

$775,000

12501 Tamarac Trail Ne, Albuquerque

5 Beds 3 Baths 3,175 SqFt Residential MLS® # 1026431

Coldwell Banker Legacy

New
1624 Cebolla Creek Way Nw, Albuquerque

$754,831

1624 Cebolla Creek Way Nw, Albuquerque

2 Beds 3 Baths 2,568 SqFt Residential MLS® # 1008818

Pulte Homes of New Mexico

New
8016 Alto Rey Court Nw, Albuquerque

$749,990

8016 Alto Rey Court Nw, Albuquerque

4 Beds 3 Baths 2,693 SqFt Residential MLS® # 1026540

Pulte Homes of New Mexico

New
1621 Blair Drive Ne, Albuquerque

$699,000

1621 Blair Drive Ne, Albuquerque

4 Beds 4 Baths 3,184 SqFt Residential MLS® # 1026392

Coldwell Banker Legacy

New
9204 Cougar Creek Lane Nw, Albuquerque

$679,990

9204 Cougar Creek Lane Nw, Albuquerque

2 Beds 3 Baths 2,564 SqFt Residential MLS® # 1026191

Pulte Homes of New Mexico

New
7400 Coachman Street Ne, Albuquerque

$650,000

7400 Coachman Street Ne, Albuquerque

3 Beds 3 Baths 3,300 SqFt Residential MLS® # 1025581

Berkshire Hathaway NM Prop

New
7927 Tarragona Road Nw, Albuquerque

$645,790

7927 Tarragona Road Nw, Albuquerque

4 Beds 4 Baths 2,544 SqFt Residential MLS® # 1025726

D.R. Horton, Inc.

New
6129 Nauman Drive Se, Albuquerque

$607,976

6129 Nauman Drive Se, Albuquerque

4 Beds 4 Baths 2,560 SqFt Residential MLS® # 1025661

Pulte Homes of New Mexico

New
1014 5th Street Nw, Albuquerque

$600,000

1014 5th Street Nw, Albuquerque

4 Beds 3 Baths 2,468 SqFt Residential MLS® # 1025374

Ida Kelly Realtors

New
1748 Mammoth Way Nw, Albuquerque

$599,990

1748 Mammoth Way Nw, Albuquerque

4 Beds 4 Baths 2,646 SqFt Residential MLS® # 1026465

Pulte Homes of New Mexico

New
7730 Majesty Court Nw, Albuquerque

$595,136

7730 Majesty Court Nw, Albuquerque

3 Beds 3 Baths 2,084 SqFt Residential MLS® # 1025590

Q Realty

New
2123 Goose Lake Trail Nw, Albuquerque

$589,000

2123 Goose Lake Trail Nw, Albuquerque

3 Beds 2 Baths 2,329 SqFt Residential MLS® # 1026352

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