Market Conditions Report

Albuquerque, NM 87122

Single-Family Homes

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



Albuquerque, NM 87122

Mon May 17 2021
This week the median list price for Albuquerque, NM 87122 is $850,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has held steady at or around 26. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Albuquerque, NM 87122

Mon May 17 2021
This week the median list price for Albuquerque, NM 87122 is $850,000 with the market action index hovering around 71. This is about the same as last month's market action index of 71. Inventory has held steady at or around 26. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $850,000
Median Price of New Listings $450,000
Per Square Foot $234
Average Days on Market 53
Median Days on Market 21
Price Decreased 35%
Price Increased 8%
Relisted 4%
Inventory 26
Median Rent
Market Action 71
Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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
$1,937,500 5,282 0.5 - 1 acre 4 5 7 0 0 17
$1,062,500 4,279 0.5 - 1 acre 4 4 16 0 1 56
$850,000 3,530 1 - 2.5 acres 4 4 30 1 1 21
$530,000 2,160 8,000 - 10,000 sqft 3 2 31 4 5 0