Real-Time Real Estate Market Report
Albuquerque, NM 87123
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87123
Fri Aug 14 2026
This week the median list price for Albuquerque, NM 87123 is $429,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 50.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $429,500 | |
| Median Price of New Listings | $347,450 | |
| Per Square Foot | $219 | |
| Average Days on Market | 53 | |
| Median Days on Market | 35 | |
| Price Decreased | 44% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 50 | |
| Median Rent | ||
| Market Action | 49 | |
| Strong Seller's Market | ||
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
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 |
|---|---|---|---|---|---|---|---|---|
| $775,000 | 4,123 | 0.25 - 0.5 acre | 4 | 3.5 | 38 | 0 | 0 | 63 |
| $477,450 | 2,472 | 6,500 - 8,000 sqft | 3 | 2.5 | 16 | 1 | 0 | 45 |
| $379,000 | 1,483 | 4,500 - 6,500 sqft | 3 | 2 | 25 | 2 | 3 | 14 |
| $312,000 | 1,400 | 4,500 - 6,500 sqft | 3 | 2 | 48 | 3 | 0 | 14 |