Real-Time Real Estate Market Report

Albuquerque, NM 87106

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87106

Sun Jan 29 2023
This week the median list price for Albuquerque, NM 87106 is $436,574 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 26. 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

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 and prices have recently resumed upward pressure.

Albuquerque, NM 87106

Sun Jan 29 2023
This week the median list price for Albuquerque, NM 87106 is $436,574 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 26. 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

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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $436,574
Median Price of New Listings $427,000
Per Square Foot $232
Average Days on Market 71
Median Days on Market 74
Price Decreased 50%
Price Increased 12%
Relisted 4%
Inventory 26
Median Rent
Market Action 43
Slight Seller's Advantage

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 and prices have recently resumed upward pressure.

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
$707,000 3,374 0.25 - 0.5 acre 4 3.8 63 0 0 35
$502,485 2,661 6,500 - 8,000 sqft 4 3 59 0 2 80
$420,000 1,878 4,500 - 6,500 sqft 3 2 72 2 1 70
$310,000 1,327 6,500 - 8,000 sqft 3 2 73 0 1 77