Real-Time Real Estate Market Report

Albuquerque, NM 87123

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87123

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87123 is $475,000 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 27. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Albuquerque, NM 87123

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87123 is $475,000 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 27. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $475,000
Median Price of New Listings $474,999
Per Square Foot $200
Average Days on Market 119
Median Days on Market 70
Price Decreased 52%
Price Increased 4%
Relisted 15%
Inventory 27
Median Rent
Market Action 52
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$697,500 3,703 0.5 - 1 acre 4 4 44 0 1 175
$580,000 3,025 0.25 - 0.5 acre 4 3 47 1 1 77
$449,000 2,104 6,500 - 8,000 sqft 3 3 10 2 1 21
$329,000 1,545 6,500 - 8,000 sqft 3 2 48 2 2 56