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 Aug 30 2025
This week the median list price for Albuquerque, NM 87111 is $487,500 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has decreased to 72. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Albuquerque, NM 87111

Sat Aug 30 2025
This week the median list price for Albuquerque, NM 87111 is $487,500 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has decreased to 72. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $487,500
Median Price of New Listings $467,500
Per Square Foot $218
Average Days on Market 72
Median Days on Market 42
Price Decreased 56%
Price Increased 0%
Relisted 13%
Inventory 72
Median Rent
Market Action 53
Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

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
$837,500 3,836 0.25 - 0.5 acre 4 3 37 1 4 45
$565,000 2,424 8,000 - 10,000 sqft 4 2.5 43 1 2 49
$449,000 2,067 8,000 - 10,000 sqft 4 2 51 1 0 42
$372,500 1,690 6,500 - 8,000 sqft 3 2 53 1 6 42