Real-Time Real Estate Market Report

Albuquerque, NM 87109

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87109

Fri May 09 2025
This week the median list price for Albuquerque, NM 87109 is $440,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 28. 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

Market Narrative

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Albuquerque, NM 87109

Fri May 09 2025
This week the median list price for Albuquerque, NM 87109 is $440,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 28. 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

Market Narrative

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $440,000
Median Price of New Listings $400,000
Per Square Foot $227
Average Days on Market 54
Median Days on Market 14
Price Decreased 43%
Price Increased 11%
Relisted 7%
Inventory 28
Median Rent
Market Action 58
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$725,000 3,003 8,000 - 10,000 sqft 4 3 37 1 2 14
$465,000 2,050 8,000 - 10,000 sqft 3 2 49 0 0 28
$400,000 1,967 6,500 - 8,000 sqft 3 2 50 2 1 133
$359,900 1,414 6,500 - 8,000 sqft 3 2 52 2 2 7