Market Conditions Report

Albuquerque, NM 87112

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Albuquerque, NM 87112

Mon May 17 2021
This week the median list price for Albuquerque, NM 87112 is $282,000 with the market action index hovering around 98. This is an increase over last month's market action index of 94. Inventory has decreased to 10. 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 87112

Mon May 17 2021
This week the median list price for Albuquerque, NM 87112 is $282,000 with the market action index hovering around 98. This is an increase over last month's market action index of 94. Inventory has decreased to 10. 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 $282,000
Median Price of New Listings $269,999
Per Square Foot $165
Average Days on Market 41
Median Days on Market 0
Price Decreased 30%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent
Market Action 98
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.

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
$397,450 2,095 6,500 - 8,000 sqft 3 2 32 1 2 17
$304,950 2,075 8,000 - 10,000 sqft 3 2 58 1 2 7
$269,000 1,939 6,500 - 8,000 sqft 3 2 64 2 4 0
$236,000 1,330 6,500 - 8,000 sqft 3 2 51 2 3 0