Real-Time Real Estate Market Report

Albuquerque, NM 87107

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87107

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87107 is $453,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has decreased to 56. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Albuquerque, NM 87107

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87107 is $453,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has decreased to 56. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $453,000
Median Price of New Listings $362,500
Per Square Foot $244
Average Days on Market 125
Median Days on Market 126
Price Decreased 21%
Price Increased 7%
Relisted 5%
Inventory 56
Median Rent
Market Action 32
Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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
$1,797,500 4,933 1 - 2.5 acres 4 4.5 30 1 1 91
$578,055 2,084 4,500 - 6,500 sqft 3 2.5 67 0 0 168
$404,662 1,999 0 - 4,500 sqft 4 3 1 0 2 126
$351,037 1,545 4,500 - 6,500 sqft 3 2 65 3 4 91