Real-Time Real Estate Market Report

Albuquerque, NM

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM

Wed Apr 24 2024
This week the median list price for Albuquerque, NM is $435,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 584. 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

Wed Apr 24 2024
This week the median list price for Albuquerque, NM is $435,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 584. 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 $435,000
Median Price of New Listings $369,000
Per Square Foot $213
Average Days on Market 71
Median Days on Market 28
Price Decreased 42%
Price Increased 3%
Relisted 7%
Inventory 584
Median Rent
Market Action 54
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
$799,450 3,206 0.25 - 0.5 acre 4 3 29 19 19 42
$514,900 2,455 6,500 - 8,000 sqft 4 3 21 28 27 42
$377,450 1,925 6,500 - 8,000 sqft 3 2 38 41 40 28
$300,000 1,463 6,500 - 8,000 sqft 3 2 65 47 41 21