Market Conditions Report

Albuquerque, NM 87107

Single-Family Homes

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



Albuquerque, NM 87107

Thu Jan 20 2022
This week the median list price for Albuquerque, NM 87107 is $504,263 with the market action index hovering around 55. This is an increase over last month's market action index of 50. Inventory has decreased to 20. 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 87107

Thu Jan 20 2022
This week the median list price for Albuquerque, NM 87107 is $504,263 with the market action index hovering around 55. This is an increase over last month's market action index of 50. Inventory has decreased to 20. 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 $504,263
Median Price of New Listings $359,900
Per Square Foot $217
Average Days on Market 100
Median Days on Market 70
Price Decreased 25%
Price Increased 25%
Relisted 15%
Inventory 20
Median Rent $1,348
Market Action 55
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,595,000 5,464 1 - 2.5 acres 4 5 48 1 1 98
$574,153 2,218 4,500 - 6,500 sqft 4 2.5 33 1 1 126
$359,900 2,232 6,500 - 8,000 sqft 3 3 75 2 3 28
$290,000 1,549 8,000 - 10,000 sqft 3 2 71 1 2 14