Real-Time Real Estate Market Report

Bernalillo, NM 87004

Single-Family Homes

Have the Market Insight Before You Buy or Sell


Bernalillo, NM 87004

Fri May 09 2025
This week the median list price for Bernalillo, NM 87004 is $458,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 19. 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

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.

Bernalillo, NM 87004

Fri May 09 2025
This week the median list price for Bernalillo, NM 87004 is $458,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has increased to 19. 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

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 Bernalillo market.
Median List Price $458,000
Median Price of New Listings $545,000
Per Square Foot $226
Average Days on Market 86
Median Days on Market 56
Price Decreased 58%
Price Increased 0%
Relisted 11%
Inventory 19
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices 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
$1,754,500 4,869 1 - 2.5 acres 3 2.5 20 0 0 150
$525,000 2,173 4,500 - 6,500 sqft 3 2.5 12 1 1 70
$429,900 2,258 4,500 - 6,500 sqft 4 2.5 19 0 0 14
$380,000 1,870 4,500 - 6,500 sqft 3 2 19 0 1 56