Real-Time Real Estate Market Report

Albuquerque, NM 87108

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87108

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87108 is $274,950 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has decreased to 18. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Albuquerque, NM 87108

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87108 is $274,950 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has decreased to 18. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $274,950
Median Price of New Listings $200,000
Per Square Foot $191
Average Days on Market 49
Median Days on Market 49
Price Decreased 44%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent
Market Action 51
Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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
$522,500 2,900 8,000 - 10,000 sqft 3 2.5 68 0 3 66
$317,000 1,498 6,500 - 8,000 sqft 2 2 73 1 1 35
$265,000 1,327 6,500 - 8,000 sqft 3 2 72 1 3 98
$200,000 1,235 6,500 - 8,000 sqft 3 1 73 3 1 14