Real-Time Real Estate Market Report

Albuquerque, NM 87123

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87123

Tue Sep 16 2025
This week the median list price for Albuquerque, NM 87123 is $428,750 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 54. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Albuquerque, NM 87123

Tue Sep 16 2025
This week the median list price for Albuquerque, NM 87123 is $428,750 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has increased to 54. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $428,750
Median Price of New Listings $440,000
Per Square Foot $199
Average Days on Market 53
Median Days on Market 28
Price Decreased 35%
Price Increased 0%
Relisted 2%
Inventory 54
Median Rent
Market Action 42
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$649,500 3,107 0.25 - 0.5 acre 4 3 35 4 4 31
$449,900 2,510 6,500 - 8,000 sqft 4 2.5 18 2 2 21
$373,750 1,767 4,500 - 6,500 sqft 3 2 24 3 2 24
$310,000 1,500 6,500 - 8,000 sqft 3 2 52 2 1 28