Market Conditions Report

Albuquerque, NM 87110

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Albuquerque, NM 87110

Sun Mar 07 2021
This week the median list price for Albuquerque, NM 87110 is $387,450 with the market action index hovering around 68. This is an increase over last month's market action index of 59. Inventory has held steady at or around 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Albuquerque, NM 87110

Sun Mar 07 2021
This week the median list price for Albuquerque, NM 87110 is $387,450 with the market action index hovering around 68. This is an increase over last month's market action index of 59. Inventory has held steady at or around 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $387,450
Per Square Foot $167
Days on Market 21
Price Decreased 29%
Price Increased 0%
Relisted 4%
Inventory 24
Median Rent $1,250
Most Expensive $1,000,000
Least Expensive $97,500
Market Action 68
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. Current supply and demand levels show no sign of prices changing from their current trend.

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
$507,450 2,574 0.25 - 0.5 acre 3 2 67 2 1 56
$417,000 2,150 8,000 - 10,000 sqft 3 2 60 1 0 21
$349,500 2,151 6,500 - 8,000 sqft 4 2 59 2 2 7
$222,450 1,578 8,000 - 10,000 sqft 3 2 67 3 3 21