Real-Time Real Estate Market Report

Albuquerque, NM 87122

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87122

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87122 is $886,500 with the market action index hovering around 54. This is less than last month's market action index of 58. Inventory has increased to 28. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Albuquerque, NM 87122

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87122 is $886,500 with the market action index hovering around 54. This is less than last month's market action index of 58. Inventory has increased to 28. 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 has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $886,500
Median Price of New Listings $899,450
Per Square Foot $256
Average Days on Market 37
Median Days on Market 14
Price Decreased 32%
Price Increased 0%
Relisted 0%
Inventory 28
Median Rent
Market Action 54
Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$1,300,000 4,800 0.5 - 1 acre 4 4 21 3 1 7
$975,000 3,709 0.5 - 1 acre 4 4 27 3 0 7
$810,000 3,538 0.5 - 1 acre 4 3 29 2 1 28
$618,000 2,434 6,500 - 8,000 sqft 3 2 28 2 0 14