Market Conditions Report

Albuquerque, NM

Single-Family Homes

A Real-Time Look at the Real Estate Marketplace | WelcomeHomeABQ.com | 505-448-8888



Albuquerque, NM

Mon May 17 2021
This week the median list price for Albuquerque, NM is $385,000 with the market action index hovering around 83. This is an increase over last month's market action index of 81. Inventory has held steady at or around 620. 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

Mon May 17 2021
This week the median list price for Albuquerque, NM is $385,000 with the market action index hovering around 83. This is an increase over last month's market action index of 81. Inventory has held steady at or around 620. 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 $385,000
Median Price of New Listings $328,490
Per Square Foot $175
Average Days on Market 58
Median Days on Market 14
Price Decreased 17%
Price Increased 9%
Relisted 1%
Inventory 620
Median Rent $660
Market Action 83
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
$804,000 3,500 1 - 2.5 acres 4 4 18 26 50 28
$440,951 2,440 0.25 - 0.5 acre 3 3 19 45 50 14
$325,000 2,001 6,500 - 8,000 sqft 3 2 21 58 50 7
$225,000 1,498 6,500 - 8,000 sqft 3 2 42 70 49 7