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Albuquerque, NM 87123 Real Estate & Property Data

Albuquerque, NM 87123 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 555 residential properties have been sold over the past 12 months in 87123. With a median sales price of $276,154 in 87123 and a total of 1 foreclosures in Albuquerque, NM 87123. Discover market trends and get the granular level real estate data for Albuquerque, NM 87123 to keep your pulse on the housing market. Curate compelling home reports for Albuquerque, NM 87123 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albuquerque, NM 87123 Real Estate Market Trends

Get property data for any address in Albuquerque, NM 87123 or the country:

Total Residential Properties 14,313

Total Commercial Properties 616

Avg. Home Age (Single Family Home) 41 Years

Avg. Square Feet (Single Family Home) 1,915

Total 2024 Residential Sales (year-to-date) 63

% of Homes Seriously Underwater (Q2 2024) 0.56%

Total 2023 Residential Sales 525

% of Equity Rich Homes (Q2 2024) 46.49%

Effective 2023 Property Tax 0.92%

Total Foreclosure Filings (year-to-date) 4

Albuquerque, NM 87123 Real Estate Overview

There were 555 residential properties sold in the past year in Albuquerque, NM 87123. The median home value in Albuquerque, NM 87123 is $315,838. There are a total of 14,313 residential properties in the 87123.

Median Sales Price i

$276,154

(Feb 2024)

-10.2%

year-over-year

y-o-y

February '24 Feb '24 $276,154
January '24 Jan '24 $303,625
December '23 Dec '23 $302,921
November '23 Nov '23 $350,000
October '23 Oct '23 $339,314
September '23 Sep '23 $320,625
August '23 Aug '23 $323,438
July '23 Jul '23 $327,626
June '23 Jun '23 $314,407
May '23 May '23 $331,562
April '23 Apr '23 $352,437
March '23 Mar '23 $417,572

Median Down Payment i

$51,450

(Feb 2024)

+4.7%

year-over-year

y-o-y

February '24 Feb '24 $51,450
January '24 Jan '24 $59,375
December '23 Dec '23 $60,250
November '23 Nov '23 $63,769
October '23 Oct '23 $71,013
September '23 Sep '23 $56,250
August '23 Aug '23 $44,275
July '23 Jul '23 $66,500
June '23 Jun '23 $82,500
May '23 May '23 $66,250
April '23 Apr '23 $64,668
March '23 Mar '23 $99,000

Number of Homes Sold i

30

(Feb 2024)

+3.4%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 33
December '23 Dec '23 39
November '23 Nov '23 47
October '23 Oct '23 39
September '23 Sep '23 40
August '23 Aug '23 49
July '23 Jul '23 58
June '23 Jun '23 51
May '23 May '23 46
April '23 Apr '23 53
March '23 Mar '23 41

Number of Purchase Loans i

30

(Feb 2024)

+20%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 35
December '23 Dec '23 33
November '23 Nov '23 45
October '23 Oct '23 38
September '23 Sep '23 38
August '23 Aug '23 34
July '23 Jul '23 47
June '23 Jun '23 51
May '23 May '23 38
April '23 Apr '23 40
March '23 Mar '23 31

Number of REFI Loans i

24

(Feb 2024)

+140%

year-over-year

y-o-y

February '24 Feb '24 24
January '24 Jan '24 20
December '23 Dec '23 8
November '23 Nov '23 17
October '23 Oct '23 21
September '23 Sep '23 20
August '23 Aug '23 16
July '23 Jul '23 19
June '23 Jun '23 21
May '23 May '23 16
April '23 Apr '23 11
March '23 Mar '23 21

Number of HELOC Loans i

6

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 3
December '23 Dec '23 8
November '23 Nov '23 10
October '23 Oct '23 8
September '23 Sep '23 9
August '23 Aug '23 16
July '23 Jul '23 7
June '23 Jun '23 11
May '23 May '23 7
April '23 Apr '23 6
March '23 Mar '23 8

Albuquerque, NM 87123 Real Estate Market Overview

Last 30 days

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Albuquerque, NM 87123 Foreclosure Activity

There were a total of 1 Albuquerque, NM 87123 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-90%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 3
October '23 Oct '23 2
September '23 Sep '23 8
August '23 Aug '23 7
July '23 Jul '23 3
June '23 Jun '23 7
May '23 May '23 3
April '23 Apr '23 9
March '23 Mar '23 3

Foreclosure Starts i

1

(Feb 2024)

-85.7%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 7
August '23 Aug '23 5
July '23 Jul '23 3
June '23 Jun '23 7
May '23 May '23 1
April '23 Apr '23 8
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 1

Nearby Zip Codes

1. 87102
2. 87104
3. 87105
4. 87106
5. 87107
6. 87108

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