Real-Time Real Estate Market Report
Albuquerque, NM 87121
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87121
Tue Jul 01 2025
This week the median list price for Albuquerque, NM 87121 is $335,000 with the market action index hovering around 54. This is less than last month's market action index of 60. Inventory has held steady at or around 58.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $335,000 | |
| Median Price of New Listings | $310,000 | |
| Per Square Foot | $191 | |
| Average Days on Market | 68 | |
| Median Days on Market | 39 | |
| Price Decreased | 29% | |
| Price Increased | 3% | |
| Relisted | 3% | |
| Inventory | 58 | |
| Median Rent | ||
| Market Action | 54 | |
| Strong Seller's Market | ||
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $380,990 | 2,078 | 4,500 - 6,500 sqft | 4 | 2.5 | 3 | 1 | 0 | 112 |
| $357,495 | 1,680 | 0 - 4,500 sqft | 3 | 2.5 | 3 | 1 | 3 | 38 |
| $319,900 | 1,713 | 4,500 - 6,500 sqft | 3 | 2 | 20 | 5 | 3 | 7 |
| $281,400 | 1,311 | 6,500 - 8,000 sqft | 3 | 2 | 48 | 4 | 5 | 28 |