Real-Time Real Estate Market Report

Albuquerque, NM 87109

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87109

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87109 is $384,000 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has decreased to 13. 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

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 87109

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87109 is $384,000 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has decreased to 13. 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

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 $384,000
Median Price of New Listings $356,500
Per Square Foot $199
Average Days on Market 71
Median Days on Market 49
Price Decreased 54%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 52
Strong Seller's Market

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
$449,000 2,208 6,500 - 8,000 sqft 4 3 49 0 1 42
$419,000 2,107 8,000 - 10,000 sqft 4 3 51 0 0 161
$375,000 1,713 6,500 - 8,000 sqft 4 2 49 1 1 56
$347,450 1,980 8,000 - 10,000 sqft 4 2 49 1 1 70