Real-Time Real Estate Market Report

Albuquerque, NM 87105

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87105

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87105 is $390,000 with the market action index hovering around 49. This is an increase over last month's market action index of 44. Inventory has decreased to 29. Click here to stay informed with the Albuquerque market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Albuquerque, NM 87105

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87105 is $390,000 with the market action index hovering around 49. This is an increase over last month's market action index of 44. Inventory has decreased to 29. Click here to stay informed with the Albuquerque market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $390,000
Median Price of New Listings $359,900
Per Square Foot $181
Average Days on Market 103
Median Days on Market 28
Price Decreased 34%
Price Increased 3%
Relisted 14%
Inventory 29
Median Rent
Market Action 49
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$999,900 4,875 2.5 - 5 acres 4 4 30 1 0 140
$450,000 2,948 0.5 - 1 acre 5 4 18 2 1 28
$377,366 1,879 4,500 - 6,500 sqft 3 2.5 1 1 1 21
$234,500 1,549 6,500 - 8,000 sqft 3 2 63 3 2 17