Real-Time Real Estate Market Report

Albuquerque, NM 87110

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87110

Wed Feb 21 2024
This week the median list price for Albuquerque, NM 87110 is $365,000 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has held steady at or around 37. 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

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 87110

Wed Feb 21 2024
This week the median list price for Albuquerque, NM 87110 is $365,000 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has held steady at or around 37. 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

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 $365,000
Median Price of New Listings $349,500
Per Square Foot $193
Average Days on Market 64
Median Days on Market 56
Price Decreased 57%
Price Increased 5%
Relisted 8%
Inventory 37
Median Rent
Market Action 49
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
$475,000 2,435 0.25 - 0.5 acre 4 3 66 0 2 70
$385,000 1,996 8,000 - 10,000 sqft 3 2 67 1 0 21
$349,900 1,965 6,500 - 8,000 sqft 3 2 72 3 0 21
$300,500 1,557 6,500 - 8,000 sqft 3 2 70 2 4 77