Real-Time Real Estate Market Report

Bernalillo, NM 87004

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Bernalillo, NM 87004

Wed May 28 2025
This week the median list price for Bernalillo, NM 87004 is $449,500 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has decreased to 14. Click here to stay informed with the Bernalillo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bernalillo, NM 87004

Wed May 28 2025
This week the median list price for Bernalillo, NM 87004 is $449,500 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has decreased to 14. Click here to stay informed with the Bernalillo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bernalillo market.
Median List Price $449,500
Median Price of New Listings $389,990
Per Square Foot $214
Average Days on Market 91
Median Days on Market 74
Price Decreased 57%
Price Increased 0%
Relisted 21%
Inventory 14
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,599,000 4,219 1 - 2.5 acres 3 2.5 18 0 1 70
$489,000 2,186 4,500 - 6,500 sqft 3 2.5 13 0 0 91
$439,450 2,267 4,500 - 6,500 sqft 3 2.5 19 1 1 35
$332,450 1,875 4,500 - 6,500 sqft 3 2.3 29 0 0 80