Real-Time Real Estate Market Report

Albuquerque, NM 87111

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87111

Thu Feb 13 2025
This week the median list price for Albuquerque, NM 87111 is $572,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has increased to 62. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Albuquerque, NM 87111

Thu Feb 13 2025
This week the median list price for Albuquerque, NM 87111 is $572,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has increased to 62. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $572,500
Median Price of New Listings $662,000
Per Square Foot $233
Average Days on Market 89
Median Days on Market 56
Price Decreased 40%
Price Increased 2%
Relisted 8%
Inventory 62
Median Rent
Market Action 42
Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

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
$1,100,000 3,727 1 - 2.5 acres 4 4 27 5 2 56
$670,000 2,889 0.25 - 0.5 acre 4 3 34 2 0 105
$522,099 2,310 - 4 2 49 2 5 56
$357,450 1,739 - 3 2 60 3 4 49