Market Conditions Report

Albuquerque, NM 87112

Single-Family Homes

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Albuquerque, NM 87112

Mon Jun 21 2021
This week the median list price for Albuquerque, NM 87112 is $294,900 with the market action index hovering around 93. This is less than last month's market action index of 94. Inventory has decreased to 26. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Albuquerque, NM 87112

Mon Jun 21 2021
This week the median list price for Albuquerque, NM 87112 is $294,900 with the market action index hovering around 93. This is less than last month's market action index of 94. Inventory has decreased to 26. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $294,900
Median Price of New Listings $324,950
Per Square Foot $157
Average Days on Market 31
Median Days on Market 14
Price Decreased 38%
Price Increased 8%
Relisted 12%
Inventory 26
Median Rent
Market Action 93
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$412,000 2,923 0.25 - 0.5 acre 4 3 41 2 0 10
$355,000 2,256 8,000 - 10,000 sqft 4 2 48 4 1 3
$289,000 1,885 6,500 - 8,000 sqft 3 2 60 3 2 28
$250,000 1,526 6,500 - 8,000 sqft 4 2 62 3 6 14