Top Medium Teams in Albuquerque, New Mexico – Ranked by Volume
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|Rank – City Volume||Team Name||Company||Location||Volume||Profile|
|1||DAVID ROYBAL & ASSOCIATES||Keller Williams Realty Albuquerque||Albuquerque, NM||$62,057,384||View Profile|
|2||JT & Associates||Keller Williams Realty Albuquerque Westside||Albuquerque, NM||$51,909,004||View Profile|
|3||SCHUSTER TEAM||Keller Williams Realty Albuquerque||Albuquerque, NM||$51,844,854||View Profile|
|4||Smith Michelle Team||Coldwell Banker Legacy||Albuquerque, NM||$35,691,111||View Profile|
|5||THE RUCKER TEAM||Coldwell Banker Legacy||Albuquerque, NM||$35,590,388||View Profile|
|6||Vallejos Realty||Keller Williams Realty Albuquerque Westside||Albuquerque, NM||$32,632,866||View Profile|
|7||FAITHE REAL ESTATE||Keller Williams Realty Albuquerque||Albuquerque, NM||$30,184,243||View Profile|
|8||THE BUCHMAN GROUP||Keller Williams Realty Albuquerque||Albuquerque, NM||$27,338,829||View Profile|
|9||NM Dream House||Keller Williams Realty Albuquerque Westside||Albuquerque, NM||$25,564,256||View Profile|
2022 Market Summary
Albuquerque, New Mexico started 2022 with a total of 273 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $197. By the end of the year, inventory had increased to 614 homes on the market (+124%), with a median home price of $385,000 (-3%) and an average price per square foot of $209 (+6%).
At the start of 2022, the median days on market (DOM) was 35 days – by the end of the year, median DOM had increased to 56 days.
Albuquerque started the year with 27% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 45% of Albuquerque homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Albuquerque started 2022 as a strong seller’s market, with an MAI score of 76; by the end of the year, the MAI had dropped to 42 – a slight seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
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Housing Market News
In some markets, more than 50% of active listings have had a price cut as mortgage rates rise ever closer to the 8% mark.
Frequently Asked Questions
How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
View the full Rankings FAQ page here.
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