Real-Time Real Estate Market Report

Albuquerque, NM 87107

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87107

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87107 is $455,000 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 31. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Albuquerque, NM 87107

Thu Feb 06 2025
This week the median list price for Albuquerque, NM 87107 is $455,000 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 31. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $455,000
Median Price of New Listings $386,100
Per Square Foot $248
Average Days on Market 94
Median Days on Market 56
Price Decreased 29%
Price Increased 0%
Relisted 6%
Inventory 31
Median Rent
Market Action 44
Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

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
$1,449,000 3,970 1 - 2.5 acres 4 4 27 1 3 105
$680,000 2,405 - 3 3 28 3 2 17
$392,550 1,591 6,500 - 8,000 sqft 3 2 72 2 3 56
$264,950 1,227 8,000 - 10,000 sqft 3 2 73 3 2 17