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 Feb 04 2023
This week the median list price for Albuquerque, NM 87102 is $260,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has increased to 25. 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

Sat Feb 04 2023
This week the median list price for Albuquerque, NM 87102 is $260,000 with the market action index hovering around 49. This is an increase over last month's market action index of 47. Inventory has increased to 25. 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 $260,000
Median Price of New Listings $230,000
Per Square Foot $180
Average Days on Market 59
Median Days on Market 49
Price Decreased 36%
Price Increased 4%
Relisted 0%
Inventory 25
Median Rent
Market Action 49
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
$522,500 1,854 6,500 - 8,000 sqft 4 2.5 117 0 1 42
$294,500 1,585 6,500 - 8,000 sqft 3 2 87 0 2 80
$237,500 1,438 6,500 - 8,000 sqft 3 1.5 93 2 1 35
$174,900 953 0 - 4,500 sqft 2 1 88 2 2 42