Real-Time Real Estate Market Report

Bernalillo, NM 87004

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Bernalillo, NM 87004

Sun Jul 06 2025
This week the median list price for Bernalillo, NM 87004 is $399,750 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Bernalillo, NM 87004

Sun Jul 06 2025
This week the median list price for Bernalillo, NM 87004 is $399,750 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Bernalillo market.
Median List Price $399,750
Median Price of New Listings $374,500
Per Square Foot $226
Average Days on Market 85
Median Days on Market 63
Price Decreased 39%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 41
Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

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
$1,399,000 4,219 1 - 2.5 acres 3 2.5 23 0 2 98
$457,000 2,020 4,500 - 6,500 sqft 3 2.5 19 0 0 66
$360,000 1,654 4,500 - 6,500 sqft 3 2 18 1 0 21
$282,500 1,875 8,000 - 10,000 sqft 2 2.3 45 0 0 45