Real-Time Real Estate Market Report

Albuquerque, NM 87102

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87102

Fri Mar 24 2023
This week the median list price for Albuquerque, NM 87102 is $300,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. 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

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 87102

Fri Mar 24 2023
This week the median list price for Albuquerque, NM 87102 is $300,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. 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

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 $300,000
Median Price of New Listings $230,000
Per Square Foot $214
Average Days on Market 60
Median Days on Market 35
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 61
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$699,500 3,177 6,500 - 8,000 sqft 4 5 117 0 1 98
$317,000 1,779 4,500 - 6,500 sqft 3 2 87 1 0 7
$294,000 1,400 8,000 - 10,000 sqft 4 2 75 0 2 112
$240,000 990 0 - 4,500 sqft 2 1.5 71 2 3 31