Albuquerque Real Estate - Housing Market Statistics - MLS Search

Forbes highlights the most expensive home in the US with a starting price of $75 million. While Albuquerque’s luxury market doesn’t come close to those prices, we do have numerous luxury communities and I’m going to highlight a few of them today.

Tanoan is a gated, upscale community with a championship golf course and country club. The CNM Community College and private Albuquerque Academy is located nearby as well as numerous shopping and medical facilities.

Sandia Heights is located in the natural southwest topography of the foothills of the Sandias with breath-taking views of the city lights. Enjoy the many custom adobe homes on large lots, several neighborhood parks, and walking trails.

High Desert features unique Southwestern architecture and several gated communities. You’ll have convenient access to the foothills open spaces, including Elena Gallegos Park, miles of walking trails, and numerous shopping strips within easy reach. Read more about High Desert.

North Albuquerque Acres mixes country living with city conveniences and luxury homes on large lots. Horses are even welcomed in some areas.

The Four Hills area is minutes away from Sandia National Labs and Kirtland Air Force Base (KAFB) with country club living and an award-winning golf course. Development began with the first home in 1957 and continues with new construction today. Read more about Four Hills.

It is commonly considered that luxury homes in Albuquerque start at the $500,000 price point. The most expensive home currently for sale is priced at $2,950,000 and the highest priced home sold so far this year was $1,749,000.

Be sure to consult with a mortgage professional before beginning your luxury home search since you will want to have a pre-approval letter in hand; some homes will require one before scheduling a showing appointment.

View all luxury homes for sale in Albuquerque.

Simply stated…If you know the ownership and just need to add or remove a legal owner, a quitclaim deed is an easy way to do so. Commonly seen in a divorce or marriage, but also if one partner obtains the mortgage in their name and wishes to add the other partner to the deed. Being added or removed does not relieve you or make you responsible for the mortgage. This is a separate document.

For brief definitions of other terms, visit my Real Estate Glossary.