Real-Time Real Estate Market Report

Albuquerque, NM 87111

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87111

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87111 is $529,900 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 43. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Albuquerque, NM 87111

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87111 is $529,900 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 43. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $529,900
Median Price of New Listings $479,500
Per Square Foot $209
Average Days on Market 74
Median Days on Market 70
Price Decreased 63%
Price Increased 2%
Relisted 9%
Inventory 43
Median Rent
Market Action 51
Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing 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
$1,297,000 4,694 0.5 - 1 acre 4 4 22 0 1 87
$625,000 3,148 8,000 - 10,000 sqft 4 3 36 2 1 70
$470,000 2,290 6,500 - 8,000 sqft 3 2 42 3 4 70
$340,000 1,813 6,500 - 8,000 sqft 3 2 51 2 5 42