Market Conditions Report

Albuquerque, NM

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace



Albuquerque, NM

Tue Nov 29 2022
This week the median list price for Albuquerque, NM is $390,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 1,352. 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

Albuquerque, NM

Tue Nov 29 2022
This week the median list price for Albuquerque, NM is $390,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 1,352. 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

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $390,000
Median Price of New Listings $325,000
Per Square Foot $196
Average Days on Market 73
Median Days on Market 49
Price Decreased 43%
Price Increased 4%
Relisted 1%
Inventory 1,352
Median Rent
Market Action 48
Strong Seller's Market

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
$699,450 3,049 0.5 - 1 acre 4 3 20 17 35 77
$439,994 2,216 6,500 - 8,000 sqft 4 3 18 28 43 56
$347,645 1,888 6,500 - 8,000 sqft 3 2 18 37 55 42
$251,750 1,465 6,500 - 8,000 sqft 3 2 41 59 71 28