Real-Time Real Estate Market Report

Albuquerque, NM 87108

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87108

Tue Mar 11 2025
This week the median list price for Albuquerque, NM 87108 is $320,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 44. 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

Tue Mar 11 2025
This week the median list price for Albuquerque, NM 87108 is $320,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has increased to 44. 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 $320,500
Median Price of New Listings $305,500
Per Square Foot $207
Average Days on Market 80
Median Days on Market 53
Price Decreased 55%
Price Increased 5%
Relisted 16%
Inventory 44
Median Rent
Market Action 44
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
$490,000 2,340 8,000 - 10,000 sqft 4 2 74 1 1 42
$359,900 1,793 6,500 - 8,000 sqft 3 2 73 3 3 84
$289,000 1,450 6,500 - 8,000 sqft 3 2 75 1 1 14
$242,000 1,075 6,500 - 8,000 sqft 2 1 74 3 1 70