RealTrends Market Report

Albuquerque, NM

Single-Family Homes

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Albuquerque, NM

Sun Jun 08 2025
This week the median list price for Albuquerque, NM is $439,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 937. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Sun Jun 08 2025
This week the median list price for Albuquerque, NM is $439,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 937. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $439,000
Median Price of New Listings $400,000
Per Square Foot $221
Average Days on Market 71
Median Days on Market 42
Price Decreased 44%
Price Increased 2%
Relisted 7%
Inventory 937
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$788,000 3,153 0.25 - 0.5 acre 4 3 28 22 27 42
$498,500 2,261 6,500 - 8,000 sqft 4 2.5 30 23 28 42
$389,450 1,880 6,500 - 8,000 sqft 3 2 32 35 33 35
$304,910 1,443 4,500 - 6,500 sqft 3 2 66 37 61 38