Market Conditions Report

Albuquerque, NM 87113

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Albuquerque, NM 87113

Thu Feb 25 2021
This week the median list price for Albuquerque, NM 87113 is $620,000 with the market action index hovering around 62. This is an increase over last month's market action index of 60. Inventory has held steady at or around 7. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Albuquerque, NM 87113

Thu Feb 25 2021
This week the median list price for Albuquerque, NM 87113 is $620,000 with the market action index hovering around 62. This is an increase over last month's market action index of 60. Inventory has held steady at or around 7. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $620,000
Per Square Foot $210
Days on Market 252
Price Decreased 0%
Price Increased 29%
Relisted 0%
Inventory 7
Median Rent $1,995
Most Expensive $949,900
Least Expensive $198,104
Market Action 62
Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current 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
$949,900 4,516 4,500 - 6,500 sqft 4 4 0 0 0 413
$809,900 3,128 6,500 - 8,000 sqft 4 4 0 0 1 388
$521,000 2,489 0.5 - 1 acre 3 2 17 1 0 3
$264,002 2,296 0.25 - 0.5 acre 3 3 26 1 0 126