Market Conditions Report

Albuquerque, NM 87105

Single-Family Homes

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



Albuquerque, NM 87105

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87105 is $295,945 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has held steady at or around 36. 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 87105

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87105 is $295,945 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has held steady at or around 36. 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 $295,945
Per Square Foot $154
Days on Market 21
Price Decreased 22%
Price Increased 14%
Relisted 14%
Inventory 36
Median Rent $1,043
Most Expensive $1,700,000
Least Expensive $85,000
Market Action 64
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
$575,000 4,531 1 - 2.5 acres 5 4 40 1 1 70
$332,000 2,170 0.25 - 0.5 acre 3 3 48 4 2 21
$225,000 1,652 8,000 - 10,000 sqft 3 2 66 2 2 21
$155,000 1,120 8,000 - 10,000 sqft 2 1 76 3 3 21