If you're looking for a luxury home in the Albuquerque metro area there are several popular areas you'll want to check including Corrales, High Desert, Los Ranchos, North Albuquerque Acres, North Valley, Placitas, Rio Rancho, Sandia Heights, Sandia Park and the West River Valley. Each area has it's own distinctive look and feel.
Luxury means more about lifestyle than it does price, but here are the most recent Albuquerque homes for sale over $500,000.
What's the condition of the luxury home market in Albuquerque in 2015? Like most of the Albuquerque real estate market, conditions have been improving, but have yet to return to the peaks that were seen in 2006 and 2007. As you can see from the chart below, luxury homes in the $500,000 to $749,000 make up the largest share of sale above $500,000. and in spite of a somewhat slow market in 2014, sales remained steady:
The chart below shows the breakdown by MLS area of where the most popular areas for Luxury home sales were in 2014.