Greater Albuquerque Association of REALTORS® Phone: (505) 842-1433 / Fax: (505) 842-0448
Greater Albuquerque Area Monthly Housing Trends - 2018 vs. 2019 Class R1 (Existing Single-Family Detached) and Class R2 (Existing Condo/Townhome Attached) homes Data on this page was obtained from the Monthly Market Reports pulled from the MLS on the 5th of each month. Month
Average $, 2018
Average $, 2019
Median $, 2018
Median $, 2019
Interest Rate '18
Interest Rate '19
Sales 2018
Sales 2019
Pending 2018
Pending 2019
New 2018
New 2019
JANUARY Class R1 Class R2
$217,679 $165,968
$249,755 $147,144
$187,500 $147,000
$200,000 $145,000
4.03%
4.46%
721 77 798
741 79 820
1,037 118 1,155
1,022 94 1,116
1,241 1,178 124 110 1,365 1,288
FEBRUARY Class R1 Class R2
$225,342 $156,494
$242,062 $151,838
$194,500 $147,500
$203,500 $149,900
4.33%
4.37%
693 93 786
747 65 812
1,142 108 1,250
1,074 111 1,185
1,281 1,098 121 119 1,402 1,217
MARCH Class R1 Class R2
$242,532 $162,190
$248,770 $168,190
$198,000 $152,100
$213,000 $155,000
4.44%
4.27%
1,066 100 1,166
972 101 1,073
1,364 150 1,514
1,359 142 1,501
1,625 1,481 174 154 1,799 1,635
APRIL Class R1 Class R2
$242,037 $175,558
$259,974 $190,716
$205,000 $160,000
$216,000 $178,250
4.47%
4.14%
1,089 120 1,209
1,127 104 1,231
1,358 150 1,508
1,390 152 1,542
1,686 1,616 162 161 1,848 1,777
MAY Class R1 Class R2
$239,281 $161,069
$266,414 $164,114
$210,000 $155,000
$228,000 $158,000
4.59%
4.07%
1,200 126 1,326
1,274 136 1,410
1,373 127 1,500
1,312 125 1,437
1,878 1,582 161 156 2,039 1,738
JUNE Class R1 Class R2
$244,365 $163,356
$271,809 $174,177
$212,500 $149,700
$235,000 $152,000
4.57%
3.80%
1,189 120 1,309
1,116 109 1,225
1,279 124 1,403
1,349 144 1,493
1,782 1,668 143 159 1,925 1,827
JULY Class R1 Class R2
$246,862 $158,398
$264,682 $177,030
$208,000 $142,458
$232,000 $168,450
4.53%
3.77%
1,121 112 1,233
1,186 129 1,315
1,271 123 1,394
1,373 141 1,514
1,607 1,550 144 150 1,751 1,700
AUGUST Class R1 Class R2
$251,598 $167,184
$258,279 $175,447
$215,000 $150,000
$226,000 $164,900
4.55%
3.62%
1,171 116 1,287
1,241 125 1,366
1,266 120 1,386
1,276 141 1,417
1,560 1,494 169 141 1,729 1,635
SEPTEMBER Class R1 $239,282 Class R2 $161,555
$261,356 $169,934
$199,990 $150,000
$225,000 $158,500
4.63%
3.61%
1,031 87 1,118
1,063 105 1,168
1,037 116 1,153
1,094 125 1,219
1,359 1,256 116 129 1,475 1,385
OCTOBER Class R1 Class R2
$231,462 $165,260
$269,247 $168,663
$199,000 $160,500
$229,900 $156,000
4.83%
3.69%
1,017 114 1,131
1,028 102 1,130
1,094 114 1,208
1,125 125 1,250
1,337 1,277 146 124 1,483 1,401
NOVEMBER Class R1 Class R2
$247,168 $161,895
$263,163 $174,257
$207,000 $150,000
$222,900 $166,000
4.87%
3.70%
896 98 994
901 106 1,007
912 112 1,024
947 109 1,056
1,053 914 103 97 1,156 1,011
DECEMBER Class R1 Class R2
$246,348 $158,850
$264,617 $177,511
$209,950 $155,000
$226,000 $175,000
4.64%
3.72%
845 101 946
966 107 1,073
796 87 883
791 85 876
870 74 944
Class R1 Active Listings as of 01/20/2019: Class R2 Active Listings as of 01/20/2019: Class R1 & R2 Actives as of 01/20/2019:
2,296 210 2,506
Class R1 Active Listings as of 01/21/2020: Class R2 Active Listings as of 01/21/2020: Class R1 & R2 Actives as of 01/21/2020:
1,581 147 1,728
* Interest Rate Data obtained from freddiemac.com, based on a 30 Year Fixed rate mortgage.
© 2020 Greater Albuquerque Association of REALTORS ® Based on data from the Southwest Multiple Listing Service. Data is deemed reliable not guaranteed.
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