2023 Annual Market Statistics

Published on Feb 14, 2024

Greater Albuquerque Area Market Housing Trends
 2023 to 2022 Comparisons

Single-Family Detached Homes

• Total Homes sold and closed decreased 17.84 % to 8,801
• Average Sales Price increased 5.05 % to $397,603 
• Median Sales Price increased 4.55 % to $345,000 
• Total Dollar Volume decreased 13.69% to $3,499,303,928

Condo/Townhome Attached

• Total Homes sold and closed decreased 18.24 percent to 937
• Average Sales Price increased 8.01% to $263,299
• Median Sales Price increased 5.02% to $251,000
• Total Dollar Volume decreased 11.69% to $246,711,583