Market Conditions Report

Albuquerque, NM 87113

Single-Family Homes

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Albuquerque, NM 87113

Fri Mar 05 2021
This week the median list price for Albuquerque, NM 87113 is $620,000 with the market action index hovering around 61. This is about the same as last month's market action index of 61. Inventory has held steady at or around 9. 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 87113

Fri Mar 05 2021
This week the median list price for Albuquerque, NM 87113 is $620,000 with the market action index hovering around 61. This is about the same as last month's market action index of 61. Inventory has held steady at or around 9. 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 $620,000
Per Square Foot $210
Days on Market 7
Price Decreased 0%
Price Increased 22%
Relisted 0%
Inventory 9
Median Rent $2,273
Most Expensive $1,350,000
Least Expensive $198,104
Market Action 61
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$1,149,950 4,322 0.5 - 1 acre 5 4 0 1 0 210
$809,900 3,128 6,500 - 8,000 sqft 4 4 0 0 0 395
$560,000 2,847 0.5 - 1 acre 4 3 16 1 1 3
$279,000 1,611 6,500 - 8,000 sqft 3 3 20 2 1 0