Bookmark this Page

Albuquerque - Find valuable real estate resources including listings, articles and advice.

Inside Real Estate: An Inside Look Into Real Estate

Albuquerque

Albuquerque Homes for Sale
Albuquerque, New Mexico (NM)

Since its settlement in 1706, Albuquerque, New Mexico, has grown into a metropolis of over 700,000 people. The Sandia Mountains tower over one side of Albuquerque, while the Rio Grande Valley stretches out from the opposite side. The history and Southwestern culture of New Mexico add flair and flavor to the industry and economic progress of the city.

Albuquerque homes for sale come in many different price ranges and styles. Homes are listed from under $250,000 to over $1 million though the average home is priced at just over $128,000. When you are looking for Albuquerque homes for sale, you should contact a real estate agent. He or she can help you find the right home for you.

 

Get Answers to Your Real Estate Questions How do you find the right home in the right location?
Find out the answer
Quick Stats for Albuquerque specific information
Population 448,607Median Age 34.9 yrsHousehold Size: 2.40
Avg Commute: 20.4 minAvg Income $38,272Avg Home Value: $127,600
July High: 91.5°FJanuary Low: 22.2°F
 

Albuquerque Homes for Sale

Albuquerque is a city located in Bernalillo County, N.M. The average home in this city is worth $127,600. In October 2005, 336 Albuquerque homes were for sale. The real estate market in Albuquerque is very active for both buyers and sellers. Local real estate experts claim that properties listed at the right price sell in less than 30 days. The real estate market in the city is doing so well that the number of home sales is the highest ever reported for 21 months in a row. Home sales in September 2005 were up almost 30 percent from the same time in the year before. While homes are offered in most price ranges, most people are looking for homes in the $100,000 to $200,000 range.

The majority of homes are listed for less than $200,000. Since this is what most people are looking for, homes are meeting the current demand. These homes all offer different amenities and features. One of these homes has four bedrooms and two bathrooms and features wood floors and full landscaping. A fireplace, loft, garage and covered patio are in this home. The master bedroom has a private bathroom with a hot tub and separate large shower. This home is average; there are many others listed with similar amenities.

Though the most popular homes are selling for under $200,000 many homes are listed between $200,000 and over $1 million.

For under $500,000 you can purchase a four-bedroom, four-bathroom home with 2,824 square feet that sits on one-fourth of an acre. This home has two patio areas, walk-in closets, a chef’s kitchen and a formal living and dining room. The master bedroom of this home has beautiful mountain views.

There are several homes listed in the $500,000 to $1 million price range. An example of a home in this price range is a five-bedroom, two-and-a-half bathroom home. This home is 3,400 square feet and sits on an acre of land. This is a single-level home with two fireplaces and a garage for three and a half cars. There are a separate master bedroom, a guest suite and a family room.

There were a few homes listed for over $1 million. One of these homes is 7,000 square feet and has six bedrooms and five and a half bedrooms. This home sits on almost one acre of land within in a gated community. This home is listed as a contemporary mansion and has a covered patio, three fireplaces, a high-tech security system and many other luxurious amenities.

Albuquerque homes for sale come in many price ranges and styles. In this city you can find a luxurious mansion or a more traditional home in various price ranges. Each home offers unique amenities that homebuyers are looking for. A real estate agent can help you find the right home for you and your family.

By Jennifer Vincent

Back to the top of the page

A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®