Real-Time Real Estate Market Report

Albuquerque, NM 87121

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87121

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87121 is $314,250 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has increased to 64. 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

Market Narrative

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

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87121 is $314,250 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has increased to 64. 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

Market Narrative

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 $314,250
Median Price of New Listings $340,000
Per Square Foot $189
Average Days on Market 67
Median Days on Market 35
Price Decreased 38%
Price Increased 8%
Relisted 6%
Inventory 64
Median Rent
Market Action 50
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
$375,450 2,029 - 4 3 2 5 3 77
$336,500 1,784 6,500 - 8,000 sqft 3 2 18 6 3 31
$300,500 1,523 4,500 - 6,500 sqft 3 2 21 3 6 14
$277,500 1,384 4,500 - 6,500 sqft 3 2 26 3 5 17