Southwest Albuquerque Housing Market Report February 2025•Bernalillo County, New Mexico

Housing Prices in Southwest Albuquerque, NM

How much do homes in Southwest Albuquerque, NM cost?

Housing Market Conditions

Is Southwest Albuquerque, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

Southwest Albuquerque is a Seller's Market

Difference Since February 2024

Since last year, Southwest Albuquerque has remained a Seller's Market.

Insight

Southwest Albuquerque is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

$285,000$194/SqFt

+$15,000

+5.6%

Based on all homes sold in the last 12 months

Insight

Homes in Southwest Albuquerque have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Southwest Albuquerque was $285,000 in February 2025, up 5.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedrooms

Beds	Feb 2024	Feb 2025	Change YoY
11 Bedroom	$236K	$225K	-4.7%
22 Bedrooms	$240K	$245K	+2.1%
33 Bedrooms	$266.7K	$280.1K	+5.0%
44 Bedrooms	$300K	$315K	+5.0%
55+ Bedrooms	$354K	$367.5K	+3.8%

Summary: Southwest Albuquerque housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.7%. The home price for 2 bedroom homes increased by +2.1%. The home price for 3 bedroom homes increased by +5.0%. The home price for 4 bedroom homes increased by +5.0%. The home price for 5 bedroom homes increased by +3.8%.

How does Southwest Albuquerque, NM compare with other places?

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Home Type

Bedrooms

Data and numbers shown are subject to change and may vary based on different timeframes.

Southwest Albuquerque, NM

Housing supply in Southwest Albuquerque, NM

How many homes are available in Southwest Albuquerque, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
207Last MonthFeb 2025
2452 months agoJan 2025	-15.5 % Change MoMJan – Feb

Summary: The Southwest Albuquerque real estate market had 207 homes for sale in Feb 2025, a 15.5 % decrease compared to Jan 2025.

Number of Homes Sold

Last Month	2 months ago	Change MoM
42Last MonthFeb 2025
622 months agoJan 2025	-32.3 % Change MoMJan – Feb

Homes For Sale By Bedroom Count

Beds	Jan 2025	Feb 2025	Change MoM
11 Bedroom	5	5	0.0%
22 Bedrooms	33	25	-24.2%
33 Bedrooms	149	122	-18.1%
44 Bedrooms	52	48	-7.7%
55+ Bedrooms	6	7	+16.7%

Summary: Southwest 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 decreased by -24.2%. The inventory for 3 bedroom homes decreased by -18.1%. The inventory for 4 bedroom homes decreased by -7.7%. The inventory for 5 bedroom homes increased by +16.7%.

Asking Price vs. Sold Price

How much do homes in Southwest Albuquerque, NM cost?

Over Asking Price10 Homes

At Asking Price16 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Southwest Albuquerque, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Southwest Albuquerque in February 2025, down by 32.3% month-over-month. Of the 42 sold homes, 38% were sold under asking, 38% were sold at asking, and and 24% were sold over asking.

Days on Market for Southwest Albuquerque, NM

How long does it take to sell a home in Southwest Albuquerque, NM?

Breakdown of Home Sale Times

Under 30 Days23 Homes

30 – 90 Days12 Homes

Over 90 Days7 Homes

Insight

Many homes in Southwest Albuquerque are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 42 homes were sold in Southwest Albuquerque; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
48 DaysThis YearFeb 2025
36 Days1 year agoFeb 2024	+31.3 % Change YoYFeb 2024 – Feb 2025

Summary: Homes in Southwest Albuquerque had an average listing age of 48 days in Feb 2025, up by 31.3% compared to the previous year.

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Newest Listings in Southwest Albuquerque, NM

What homes are available in Southwest Albuquerque, NM?

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view of front of home with cooling unit and stucco siding

property entrance featuring stucco siding

19 hours on Rocket3D tour

$3,088 Closing Credit¹

$260,000

3 beds • 1 bath • 1,127 sqft

1415 Mora Rd SW, Albuquerque NM 87105

#1079802, Ambrosha V Mondragon, Listing Office: Oso Elite Realty

pueblo-style house with stucco siding, an attached garage, concrete driveway, and fence

pueblo revival-style home featuring concrete driveway, an attached garage, and stucco siding

1 day on Rocket

$3,919 Closing Credit¹

$330,000

3 beds • 1 bath • 1,370 sqft

1528 Sunset Farm Rd SW, Albuquerque NM 87105

#1079927, Amy Lovato, Listing Office: Berkshire Hathaway NM Prop

301 Shirk Ln SW, Albuquerque NM, 87105 land for sale

Listing photo 2 for 301 Shirk Ln SW, Albuquerque NM 87105

Listing photo 3 for 301 Shirk Ln SW, Albuquerque NM 87105

1 day on Rocket

$2,500,000

Land • 43.07 Acres

301 Shirk Ln SW, Albuquerque NM 87105

#1078625, William Shannon Killingsworth, Listing Office: Caprock Farm and Ranch Realty

view of front facade with concrete driveway, an attached garage, and stucco siding

view of front of house with stucco siding, concrete driveway, an attached garage, and fence

living room with visible vents, carpet flooring, a textured ceiling, and ceiling fan

1 day on Rocket

$3,384 Closing Credit¹

$285,000

3 beds • 2 baths • 1,271 sqft

10036 Sacate Blanco Ave SW, Albuquerque NM 87121

#1079905, Cody Reed Bratton, Listing Office: The M Real Estate Group

view of front facade with stucco siding, concrete driveway, and a garage

entrance to property featuring stucco siding and an attached garage

1 day on Rocket

$3,741 Closing Credit¹

$315,000

4 beds • 1.5 baths • 2,168 sqft

708 Torretta Dr SW, Albuquerque NM 87121

#1079825, Sandi D. Pressley, Listing Office: Coldwell Banker Legacy

rear view of house with stucco siding, a chimney, fence, and a gate

rear view of property with stucco siding, a patio area, a chimney, and fence

view of front of home featuring concrete driveway, fence, a chimney, and stucco siding

2 days on Rocket3D tour

$4,156 Closing Credit¹

$350,000

2 beds • 2 baths • 1,928 sqft

1533 Hooper Rd SW, Albuquerque NM 87105

#1079794, Royanne Michelle Machuca, Listing Office: Realty One of New Mexico

view of front of house with concrete driveway, an attached garage, and stucco siding

view of front facade featuring driveway, an attached garage, and stucco siding

4 days on Rocket

$4,750 Closing Credit¹

$400,000

4 beds • 2.5 baths • 2,809 sqft

9304 Upper Meadow Ave SW, Albuquerque NM 87121

#1079323, Mariah Nicole Salazar, Listing Office: Simply Real Estate

exterior space featuring uncovered parking, a shingled roof, and fence

exterior space with uncovered parking and a shingled roof

kitchen with light countertops, visible vents, decorative backsplash, glass insert cabinets, and stainless steel gas stove

5 days on Rocket

$4,382 Closing Credit¹

$369,000

3 beds • 1 bath • 1,136 sqft

3740 Isleta Blvd SW, Albuquerque NM 87105

#1079496, Jose Vazquez, Listing Office: Vazquez Inmobiliaria LLC

rear view of property with fence and stucco siding

view of front of house with a patio, fence, and stucco siding

rear view of house featuring a chimney, fence, a gate, and stucco siding

5 days on Rocket3D tour

$4,156 Closing Credit¹

$350,000

4 beds • 1 bath • 1,928 sqft

1533 Hooper Rd SW, Albuquerque NM 87105

#1079706, Royanne Michelle Machuca, Listing Office: Realty One of New Mexico

view of front of home featuring a garage, driveway, and stucco siding

living area with carpet floors, visible vents, ceiling fan, and baseboards

kitchen with visible vents, stove, wood finished floors, dark brown cabinets, and black microwave

6 days on Rocket

$3,563 Closing Credit¹

$300,000

3 beds • 2 baths • 1,270 sqft

10020 Sacate Blanco Ave SW, Albuquerque NM 87121

#1079573, The Southwest Life ReGroup, Listing Office: EXP Realty LLC

view of home's exterior featuring a fenced front yard

view of front facade with roof with shingles and a fenced front yard

view of home's exterior featuring driveway, a fenced front yard, a gate, and stucco siding

6 days on Rocket

$4,453 Closing Credit¹

$375,000

1 bed • 1 bath • 1,850 sqft

441 Pacific Ave SW, Albuquerque NM 87102

#1079645, Antoinette C Metheney, Listing Office: Keller Williams Realty

mediterranean / spanish-style house with brick siding and a tiled roof

living room featuring ornamental molding, recessed lighting, a fireplace with flush hearth, and light colored carpet

living area featuring a tile fireplace, recessed lighting, light colored carpet, baseboards, and crown molding

6 days on Rocket

$10,000 Closing Credit¹

$885,000

3 beds • 2 baths • 3,242 sqft

201 Laguna Blvd SW, Albuquerque NM 87104

#202500840, D'Nette Wood, Listing Office: Sotheby's Int. RE/Washington

Nearby markets

Nearby markets aren't available for Southwest Albuquerque, NM

Popular Cities with Homes for Sale in New Mexico

MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, Santa Fe MLS, and North Texas Real Estate Information Systems Inc. for the period 03/01/2023 - 03/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

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: 3/14/2025, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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: 3/14/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 3/14/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.