Albuquerque, NM Market Trends

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Multifamily Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$54,268.41 +3.7% +10.3%
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Metro
$55,011.51 +0.5% -1.0%
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County
$54,551.69 -1.0% -1.7%
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City
$55,313.75 -1.7% -3.7%

Current Albuquerque market trends data indicates a decrease of -1.7% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with a decrease of -3.7% compared to last year's prices. County-wide, asking prices for Multifamily properties are -1.0% lower at $54,552 per unit compared to the current median price of $55,314 per unit for Multifamily properties in Albuquerque, NM.

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Office Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$110.77 +2.8% +1.2%
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Metro
$104.87 +1.9% -1.9%
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County
$101.52 +1.8% -3.6%
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City
$101.54 +0.8% -4.1%

Current Albuquerque market trends data indicates an increase of +0.8% in the median asking price per sq ft for Office properties compared to the prior 3 months, with a decrease of -4.1% compared to last year's prices. County-wide, asking prices for Office properties are 1.8% higher at $102 per sq ft compared to the current median price of $102 per sq ft for Office properties in Albuquerque, NM.

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Industrial Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$67.92 -0.5% -6.0%
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Metro
$67.52 -2.1% -10.7%
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County
$69.32 -2.1% -12.3%
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City
$70.62 -2.1% -10.6%

Current Albuquerque market trends data indicates a decrease of -2.1% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with a decrease of -10.6% compared to last year's prices. County-wide, asking prices for Industrial properties are -2.1% lower at $69 per sq ft compared to the current median price of $71 per sq ft for Industrial properties in Albuquerque, NM.

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Retail Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$149.78 +2.0% +2.8%
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Metro
$165.80 +0.9% +5.4%
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County
$173.83 -0.4% +6.0%
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City
$191.35 -1.9% +2.5%

Current Albuquerque market trends data indicates a decrease of -1.9% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +2.5% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -0.4% lower at $174 per sq ft compared to the current median price of $191 per sq ft for Retail Commercial properties in Albuquerque, NM.