Real-Time Real Estate Market Report

Albuquerque, NM 87113

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87113

Mon Jun 24 2024
This week the median list price for Albuquerque, NM 87113 is $642,450 with the market action index hovering around 45. This is an increase over last month's market action index of 38. Inventory has increased to 24. 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 87113

Mon Jun 24 2024
This week the median list price for Albuquerque, NM 87113 is $642,450 with the market action index hovering around 45. This is an increase over last month's market action index of 38. Inventory has increased to 24. 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 $642,450
Median Price of New Listings $460,000
Per Square Foot $251
Average Days on Market 127
Median Days on Market 35
Price Decreased 42%
Price Increased 4%
Relisted 4%
Inventory 24
Median Rent
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,125,000 4,114 0.5 - 1 acre 4 4 3 0 0 136
$684,700 2,660 4,500 - 6,500 sqft 4 3 9 1 1 24
$589,450 2,719 4,500 - 6,500 sqft 4 3 21 4 0 0
$337,500 1,424 8,000 - 10,000 sqft 3 2 32 3 1 52