Real-Time Real Estate Market Report

Albuquerque, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM

Sat Apr 13 2024
This week the median list price for Albuquerque, NM is $430,000 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has increased to 550. 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

Sat Apr 13 2024
This week the median list price for Albuquerque, NM is $430,000 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has increased to 550. 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 $430,000
Median Price of New Listings $390,000
Per Square Foot $213
Average Days on Market 74
Median Days on Market 35
Price Decreased 41%
Price Increased 3%
Relisted 7%
Inventory 550
Median Rent
Market Action 54
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$800,000 3,189 0.25 - 0.5 acre 4 3 23 18 10 56
$500,000 2,436 6,500 - 8,000 sqft 4 3 22 22 29 42
$379,900 1,878 6,500 - 8,000 sqft 3 2 40 22 30 21
$299,900 1,456 6,500 - 8,000 sqft 3 2 60 39 31 17