Market Conditions Report

Albuquerque, NM 87112

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace



Albuquerque, NM 87112

Tue Sep 27 2022
This week the median list price for Albuquerque, NM 87112 is $317,500 with the market action index hovering around 68. This is less than last month's market action index of 75. Inventory has increased to 44. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Albuquerque, NM 87112

Tue Sep 27 2022
This week the median list price for Albuquerque, NM 87112 is $317,500 with the market action index hovering around 68. This is less than last month's market action index of 75. Inventory has increased to 44. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $317,500
Median Price of New Listings $363,000
Per Square Foot $188
Average Days on Market 48
Median Days on Market 25
Price Decreased 45%
Price Increased 0%
Relisted 7%
Inventory 44
Median Rent
Market Action 68
Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$498,000 2,421 0.25 - 0.5 acre 4 3 46 3 3 21
$349,900 1,954 6,500 - 8,000 sqft 4 2 51 2 0 14
$272,777 1,375 6,500 - 8,000 sqft 3 2 63 1 0 70
$249,900 1,326 6,500 - 8,000 sqft 3 2 67 3 2 7