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 Jul 11 2025
This week the median list price for Albuquerque, NM 87102 is $300,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 45. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Albuquerque, NM 87102

Fri Jul 11 2025
This week the median list price for Albuquerque, NM 87102 is $300,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 45. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $300,000
Median Price of New Listings $395,000
Per Square Foot $229
Average Days on Market 73
Median Days on Market 35
Price Decreased 47%
Price Increased 2%
Relisted 7%
Inventory 45
Median Rent
Market Action 36
Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

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
$577,500 2,299 6,500 - 8,000 sqft 3 3 96 2 0 66
$355,000 1,559 4,500 - 6,500 sqft 3 2 90 1 0 28
$285,000 1,108 4,500 - 6,500 sqft 2 1.5 90 2 1 35
$214,900 1,000 4,500 - 6,500 sqft 2 1 95 0 2 42