#1080024, Jenifer L Morga, Listing Office: The M Real Estate Group
Northwest Albuquerque Housing Market Report February 2025•Bernalillo County, New Mexico
Housing Prices in Northwest Albuquerque, NM
How much do homes in Northwest Albuquerque, NM cost?
Housing Market Conditions
Is Northwest Albuquerque, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northwest Albuquerque is a Seller's Market
Difference Since February 2024
Since last year, Northwest Albuquerque has remained a Seller's Market.
Northwest Albuquerque is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Northwest Albuquerque have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Northwest Albuquerque was $363,483 in February 2025, up 3.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $245K | $237.4K | -3.1% |
22 Bedrooms | $260K | $270K | +3.8% |
33 Bedrooms | $327.1K | $344.1K | +5.2% |
44 Bedrooms | $405.1K | $425K | +4.9% |
55+ Bedrooms | $499.7K | $500K | 0.1% |
Summary: Northwest Albuquerque housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.1%. The home price for 2 bedroom homes increased by +3.8%. The home price for 3 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes increased by 0.1%.
How does Northwest Albuquerque, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Northwest Albuquerque, NM
Housing supply in Northwest Albuquerque, NM
How many homes are available in Northwest Albuquerque, NM?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
628Last MonthFeb 2025 | ||
6672 months agoJan 2025 | -5.8 % Change MoMJan – Feb |
Summary: The Northwest Albuquerque real estate market had 628 homes for sale in Feb 2025, a 5.8 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
134Last MonthFeb 2025 | ||
1492 months agoJan 2025 | -10.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 8 | 0.0% |
22 Bedrooms | 64 | 66 | +3.1% |
33 Bedrooms | 361 | 327 | -9.4% |
44 Bedrooms | 182 | 180 | -1.1% |
55+ Bedrooms | 52 | 47 | -9.6% |
Summary: Northwest Albuquerque housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +3.1%. The inventory for 3 bedroom homes decreased by -9.4%. The inventory for 4 bedroom homes decreased by -1.1%. The inventory for 5 bedroom homes decreased by -9.6%.
Asking Price vs. Sold Price
How much do homes in Northwest Albuquerque, NM cost?
Over Asking Price22 Homes
At Asking Price38 Homes
Under Asking Price74 Homes
If you're buying a home in Northwest Albuquerque, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 134 homes were sold or pending in Northwest Albuquerque in February 2025, down by 10.1% month-over-month. Of the 134 sold homes, 55% were sold under asking, 28% were sold at asking, and and 16% were sold over asking.
Days on Market for Northwest Albuquerque, NM
How long does it take to sell a home in Northwest Albuquerque, NM?
Breakdown of Home Sale Times
Under 30 Days67 Homes
30 – 90 Days37 Homes
Over 90 Days30 Homes
Many homes in Northwest Albuquerque are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 134 homes were sold in Northwest Albuquerque; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
51 DaysThis YearFeb 2025 | ||
33 Days1 year agoFeb 2024 | +51.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Northwest Albuquerque had an average listing age of 51 days in Feb 2025, up by 51.0% compared to the previous year.
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Newest Listings in Northwest Albuquerque, NM
What homes are available in Northwest Albuquerque, NM?
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 03/01/2023 - 03/01/2025

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.