Real-Time Real Estate Market Report

Albuquerque, NM 87122

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87122

Wed Jan 15 2025
This week the median list price for Albuquerque, NM 87122 is $885,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has decreased to 32. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Albuquerque, NM 87122

Wed Jan 15 2025
This week the median list price for Albuquerque, NM 87122 is $885,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has decreased to 32. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $885,000
Median Price of New Listings $935,000
Per Square Foot $262
Average Days on Market 73
Median Days on Market 60
Price Decreased 56%
Price Increased 0%
Relisted 13%
Inventory 32
Median Rent
Market Action 38
Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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
$1,657,500 4,107 0.5 - 1 acre 5 5 22 0 0 56
$948,377 3,582 - 4 3.5 34 2 0 70
$680,000 2,716 - 4 3 24 0 0 56
$477,000 1,862 - 3 3 31 0 0 56