Real-Time Real Estate Market Report

Albuquerque, NM 87121

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87121

Sun Jan 29 2023
This week the median list price for Albuquerque, NM 87121 is $316,634 with the market action index hovering around 63. This is an increase over last month's market action index of 56. Inventory has decreased to 35. 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 87121

Sun Jan 29 2023
This week the median list price for Albuquerque, NM 87121 is $316,634 with the market action index hovering around 63. This is an increase over last month's market action index of 56. Inventory has decreased to 35. 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 $316,634
Median Price of New Listings $267,000
Per Square Foot $172
Average Days on Market 73
Median Days on Market 42
Price Decreased 34%
Price Increased 0%
Relisted 0%
Inventory 35
Median Rent
Market Action 63
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
$353,620 2,084 4,500 - 6,500 sqft 3 3 3 1 0 59
$335,000 1,984 4,500 - 6,500 sqft 3 3 10 1 1 63
$305,000 1,595 4,500 - 6,500 sqft 3 3 18 2 6 56
$245,000 1,380 4,500 - 6,500 sqft 3 2 22 4 7 14