Real-Time Real Estate Market Report

Bernalillo, NM 87004

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Bernalillo, NM 87004

Mon Dec 04 2023
This week the median list price for Bernalillo, NM 87004 is $399,450 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 14. Click here to stay informed with the Bernalillo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Bernalillo, NM 87004

Mon Dec 04 2023
This week the median list price for Bernalillo, NM 87004 is $399,450 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 14. Click here to stay informed with the Bernalillo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Bernalillo market.
Median List Price $399,450
Median Price of New Listings $457,450
Per Square Foot $231
Average Days on Market 70
Median Days on Market 53
Price Decreased 36%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent
Market Action 42
Slight Seller's Advantage

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

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
$649,995 2,512 1 - 2.5 acres 3 3 55 0 0 168
$430,000 1,867 4,500 - 6,500 sqft 3 2 9 1 1 21
$389,450 1,486 4,500 - 6,500 sqft 2 2 16 1 0 21
$334,950 1,696 4,500 - 6,500 sqft 3 2.5 12 0 1 70