Real-Time Real Estate Market Report

Albuquerque, NM 87113

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87113

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87113 is $450,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has increased to 19. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Albuquerque, NM 87113

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87113 is $450,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has increased to 19. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $450,000
Median Price of New Listings $662,500
Per Square Foot $260
Average Days on Market 54
Median Days on Market 28
Price Decreased 42%
Price Increased 11%
Relisted 11%
Inventory 19
Median Rent
Market Action 42
Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

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
$1,020,000 3,155 - 4 4 5 1 0 42
$509,000 2,368 0 - 4,500 sqft 3 3 26 1 1 21
$425,000 1,649 0 - 4,500 sqft 3 3 26 2 0 21
$359,900 1,449 8,000 - 10,000 sqft 3 2 41 0 0 63