Real-Time Real Estate Market Report

Albuquerque, NM 87102

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87102

Sat May 24 2025
This week the median list price for Albuquerque, NM 87102 is $321,350 with the market action index hovering around 39. This is less than last month's market action index of 40. 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.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Albuquerque, NM 87102

Sat May 24 2025
This week the median list price for Albuquerque, NM 87102 is $321,350 with the market action index hovering around 39. This is less than last month's market action index of 40. 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.

Slight Seller's Advantage

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $321,350
Median Price of New Listings $257,950
Per Square Foot $239
Average Days on Market 80
Median Days on Market 46
Price Decreased 43%
Price Increased 7%
Relisted 11%
Inventory 28
Median Rent
Market Action 39
Slight Seller's Advantage

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
$650,000 2,924 6,500 - 8,000 sqft 4 3 109 0 1 21
$399,000 1,675 4,500 - 6,500 sqft 3 2.5 84 0 1 98
$279,000 1,108 0 - 4,500 sqft 2 1 90 2 2 28
$189,900 875 6,500 - 8,000 sqft 2 1 82 0 1 98