Real-Time Real Estate Market Report

Albuquerque, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM

Thu Feb 06 2025
This week the median list price for Albuquerque, NM is $399,999 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 744. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Albuquerque, NM

Thu Feb 06 2025
This week the median list price for Albuquerque, NM is $399,999 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 744. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $399,999
Median Price of New Listings $372,450
Per Square Foot $215
Average Days on Market 80
Median Days on Market 56
Price Decreased 41%
Price Increased 4%
Relisted 8%
Inventory 744
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$699,000 3,050 0.25 - 0.5 acre 4 3 27 22 26 77
$452,500 2,152 6,500 - 8,000 sqft 4 3 36 23 33 52
$360,000 1,807 6,500 - 8,000 sqft 3 2 38 33 37 49
$285,000 1,386 4,500 - 6,500 sqft 3 2 66 32 50 49