Real-Time Real Estate Market Report

Albuquerque, NM 87112

Single-Family Homes

Have the Market Insight Before You Buy or Sell


Albuquerque, NM 87112

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87112 is $368,750 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 24. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Albuquerque, NM 87112

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87112 is $368,750 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 24. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $368,750
Median Price of New Listings $325,000
Per Square Foot $198
Average Days on Market 77
Median Days on Market 21
Price Decreased 42%
Price Increased 0%
Relisted 8%
Inventory 24
Median Rent
Market Action 66
Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$562,500 2,754 0.25 - 0.5 acre 4 3.5 40 0 1 87
$394,450 2,412 8,000 - 10,000 sqft 4 3 52 3 1 3
$333,500 1,665 6,500 - 8,000 sqft 4 2 55 2 1 17
$270,000 1,370 6,500 - 8,000 sqft 3 2 65 2 4 35