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Albuquerque, 87109 Market Trends

Today, December 28, 2009

Albuquerque, 87109 Summary

The median sales price for homes in ZIP code 87109 for Sep 09 to Nov 09 was $257,664. This represents an increase of 18.7%, or $40,664, compared to the prior quarter and an increase of 11.3% compared to the prior year. Sales prices have appreciated 129% over the last 5 years in 87109, Albuquerque.

The median sales price of $257,664 for 87109 is 72.12% higher than the median sales price for Albuquerque NM. Average listing price for homes on Trulia in ZIP code 87109 was $215,834 for the week ending Dec 16, which represents a decline of 2.1%, or $4,548 compared to the prior week and a decline of 1.7%, or $3,705, compared to the week ending Nov 25.

 

Average Listing Price in 87109

Embed Info
1 yr 5 yr Max
87109, Albuquerque average property price
87109, Albuquerque – number of properties
LocationWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
87109$215,834-2.1%$220,382$218,325$219,539
Albuquerque$298,574-1.2%$302,190$306,695$306,523
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Popular Zips in Albuquerque

Zips Week ending
Dec 16
w-o-w Week ending
Dec 9
Week ending
Dec 2
87114 1 +2 3 1
87111 2 — 2 3
87120 3 -2 1 2
87109 4 +4 8 12
87122 5 -1 4 4
87107 6 +4 10 11
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Homes for Sale in 87109

8909 Opportunity Drive Northeast, Albuquerque NM
8909 Oppor…
$225,000
3 br  2 ba
9200 Mabry Avenue NE, Albuquerque NM
9200 Mabry…
$375,000
3 br  2 ½ ba
7112 Osuna Road Northeast, Albuquerque NM
7112 Osuna…
$389,900
5 br  2 ½ ba
6621 Harper Drive Northeast, Albuquerque NM
6621 Harper…
$222,000
4 br  2 ba
7536 Bear Canyon Road Northeast, Albuquerque NM
7536 Bear…
$425,000
4 br  2 ½ ba
7213 Bobwhite Lane Northeast, Albuquerque NM
7213 Bobwh…
$174,900
4 br  1 ½ ba
View all 87109 Homes for Sale
 
Stats & Trends
87109, Albuquerque

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Community Info

Albuquerque

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Corrales
$135,000
$642,172
Los Ranchos de Albuquerque
$1,002,000
$1,115,937
Cedar Crest
$160,000
$319,694
Sandia Park
$105,000
$528,502
Tijeras
$105,000
$376,403
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Advice

Recent Q&A in Albuquerque, NM

Q: Tanoan Comm HOA questions. 4 answers
Q: Does a short sell take as long to close as a foreclosure? 3 answers
Q: I want tobuy a four bedroom two bath two garage space and in a good neighborhood is that possible in this area? 6 answers
Q: We are currently renting a home that is in foreclosure. What are our rights as renters? We just signed a year lease last July. 3 answers
Q: Do all hud homes get remodeled as far as new carpet,flooring and or paint? 6 answers

Got a real estate question? 

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Nearby Cities Real Estate

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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87109 Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Albuquerque real estate market. Find Albuquerque properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Albuquerque average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Albuquerque housing statistics are available for each Albuquerque, NM neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.