Linda DeVlieg Real Estate

Albuquerque, NM

Single-Family Homes

Keller Williams Albuquerque



Albuquerque, NM

Thu Mar 28 2024
This week the median list price for Albuquerque, NM is $439,000 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has held steady at or around 525. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Albuquerque, NM

Thu Mar 28 2024
This week the median list price for Albuquerque, NM is $439,000 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has held steady at or around 525. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $439,000
Median Price of New Listings $375,000
Per Square Foot $212
Average Days on Market 73
Median Days on Market 28
Price Decreased 39%
Price Increased 4%
Relisted 7%
Inventory 525
Median Rent
Market Action 52
Strong Seller's Market

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
$825,000 3,180 0.25 - 0.5 acre 4 3 25 19 13 49
$500,000 2,449 6,500 - 8,000 sqft 4 3 26 22 14 35
$375,000 1,935 6,500 - 8,000 sqft 3 2 40 31 23 35
$300,000 1,496 6,500 - 8,000 sqft 3 2 63 47 49 21