Real-Time Real Estate Market Report
Albuquerque, NM
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Albuquerque, NM
Tue Jun 06 2023
This week the median list price for Albuquerque, NM is $463,848 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 868.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $463,848 | |
| Median Price of New Listings | $399,999 | |
| Per Square Foot | $212 | |
| Average Days on Market | 71 | |
| Median Days on Market | 28 | |
| Price Decreased | 29% | |
| Price Increased | 5% | |
| Relisted | 22% | |
| Inventory | 868 | |
| Median Rent | ||
| Market Action | 53 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $825,000 | 3,300 | 1 - 2.5 acres | 4 | 3 | 21 | 29 | 20 | 56 |
| $535,000 | 2,440 | 8,000 - 10,000 sqft | 4 | 3 | 15 | 32 | 25 | 28 |
| $399,000 | 2,003 | 6,500 - 8,000 sqft | 3 | 2 | 18 | 35 | 51 | 28 |
| $285,000 | 1,478 | 6,500 - 8,000 sqft | 3 | 2 | 28 | 62 | 58 | 21 |