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.
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
| 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 |