Albuquerque's median home price tops $300K for 1st time : vi

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A home recently sold just west of Downtown Albuquerque near the Country Club neighborhood. “If you’re coming in at list price … it’s considered a low-ball offer right now,” a local real estate expert says. (Roberto E. Rosales/Albuquerque Journal)
Copyright © 2021 Albuquerque Journal
For the first time, the median sale price for a single-family home in metro Albuquerque has eclipsed $300,000.
The median sale price for a detached single-family house hit $305,000 in June, up 25.8% from June 2020, according to monthly figures published Monday by the Greater Albuquerque Association of Realtors. Additionally, the mean sale price stood at $341,350, a 22% rise since last June.

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