Real-Time Real Estate Market Report

Albuquerque, NM 87108

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87108

Thu Feb 13 2025
This week the median list price for Albuquerque, NM 87108 is $327,450 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 40. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Albuquerque, NM 87108

Thu Feb 13 2025
This week the median list price for Albuquerque, NM 87108 is $327,450 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 40. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $327,450
Median Price of New Listings $325,000
Per Square Foot $208
Average Days on Market 82
Median Days on Market 67
Price Decreased 38%
Price Increased 10%
Relisted 20%
Inventory 40
Median Rent
Market Action 43
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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
$494,700 2,237 - 4 2 76 1 1 52
$349,700 1,797 - 3 2 73 1 1 80
$275,000 1,589 - 3 2 73 2 1 115
$222,500 1,086 6,500 - 8,000 sqft 2 1 74 1 3 49