Market Conditions Report

Albuquerque, NM 87109

Single-Family Homes

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



Albuquerque, NM 87109

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87109 is $358,500 with the market action index hovering around 78. This is an increase over last month's market action index of 72. Inventory has held steady at or around 10. 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 87109

Wed Mar 03 2021
This week the median list price for Albuquerque, NM 87109 is $358,500 with the market action index hovering around 78. This is an increase over last month's market action index of 72. Inventory has held steady at or around 10. 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 $358,500
Per Square Foot $170
Days on Market 46
Price Decreased 40%
Price Increased 20%
Relisted 10%
Inventory 10
Median Rent $1,225
Most Expensive $1,100,000
Least Expensive $219,900
Market Action 78
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
$855,000 4,401 0.5 - 1 acre 4 5 28 0 1 56
$410,000 2,421 8,000 - 10,000 sqft 4 2 43 1 1 70
$328,000 2,080 8,000 - 10,000 sqft 3 2 44 1 1 42
$275,000 1,687 6,500 - 8,000 sqft 4 2 27 1 2 49