Market Conditions Report

Albuquerque, NM 87106

Single-Family Homes

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



Albuquerque, NM 87106

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87106 is $387,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has held steady at or around 15. 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 87106

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87106 is $387,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has held steady at or around 15. 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 $387,500
Per Square Foot $169
Days on Market 56
Price Decreased 47%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent $850
Most Expensive $990,000
Least Expensive $185,000
Market Action 56
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.

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
$549,000 3,141 6,500 - 8,000 sqft 4 3 70 0 0 7
$439,995 2,652 4,500 - 6,500 sqft 3 3 2 1 1 59
$372,000 2,311 8,000 - 10,000 sqft 3 3 63 0 0 105
$272,500 1,697 6,500 - 8,000 sqft 3 2 75 2 0 3