RealTrends Market Report

Albuquerque, NM

Single-Family Homes

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Albuquerque, NM

Tue Apr 22 2025
This week the median list price for Albuquerque, NM is $429,900 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has increased to 869. 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

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

Tue Apr 22 2025
This week the median list price for Albuquerque, NM is $429,900 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has increased to 869. 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

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 $429,900
Median Price of New Listings $395,990
Per Square Foot $222
Average Days on Market 69
Median Days on Market 35
Price Decreased 43%
Price Increased 3%
Relisted 8%
Inventory 869
Median Rent
Market Action 48
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
$795,000 3,217 0.25 - 0.5 acre 4 3 30 35 22 42
$495,000 2,326 6,500 - 8,000 sqft 4 2.5 27 38 29 35
$380,000 1,799 4,500 - 6,500 sqft 3 2 30 36 36 35
$299,000 1,408 6,500 - 8,000 sqft 3 2 66 54 52 35