Real-Time Real Estate Market Report

Albuquerque, NM 87112

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87112

Mon Jun 05 2023
This week the median list price for Albuquerque, NM 87112 is $427,500 with the market action index hovering around 86. This is an increase over last month's market action index of 79. Inventory has held steady at or around 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 Jun 05 2023
This week the median list price for Albuquerque, NM 87112 is $427,500 with the market action index hovering around 86. This is an increase over last month's market action index of 79. Inventory has held steady at or around 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 $427,500
Median Price of New Listings $339,950
Per Square Foot $203
Average Days on Market 43
Median Days on Market 4
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 86
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$621,250 2,832 6,500 - 8,000 sqft 3 3.5 32 1 1 87
$469,000 2,759 8,000 - 10,000 sqft 4 3 50 0 0 42
$425,000 1,972 8,000 - 10,000 sqft 3 2 59 2 1 0
$259,900 1,290 4,500 - 6,500 sqft 3 1 66 3 3 0