Real-Time Real Estate Market Report
Albuquerque, NM 87111
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM 87111
Sun May 31 2026
This week the median list price for Albuquerque, NM 87111 is $650,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has increased to 70.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.
Real-Time Market Profile
| Median List Price | $650,000 | |
| Median Price of New Listings | $625,000 | |
| Per Square Foot | $247 | |
| Average Days on Market | 56 | |
| Median Days on Market | 32 | |
| Price Decreased | 41% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 70 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,320,000 | 3,694 | 0.25 - 0.5 acre | 4 | 3.3 | 21 | 4 | 2 | 21 |
| $735,000 | 3,116 | 0.25 - 0.5 acre | 4 | 2.5 | 40 | 4 | 3 | 14 |
| $507,500 | 2,094 | 6,500 - 8,000 sqft | 3 | 2.5 | 44 | 4 | 4 | 38 |
| $384,999 | 1,631 | 6,500 - 8,000 sqft | 3 | 2 | 61 | 5 | 4 | 28 |