Market Conditions Report

Albuquerque, NM

Single-Family Homes

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Albuquerque, NM

Sat Nov 27 2021
This week the median list price for Albuquerque, NM is $389,900 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has held steady at or around 784. 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

Sat Nov 27 2021
This week the median list price for Albuquerque, NM is $389,900 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has held steady at or around 784. 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 $389,900
Median Price of New Listings $298,450
Per Square Foot $181
Average Days on Market 68
Median Days on Market 35
Price Decreased 28%
Price Increased 7%
Relisted 1%
Inventory 784
Median Rent $1,370
Market Action 69
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
$779,000 3,480 1 - 2.5 acres 4 4 20 13 28 56
$459,450 2,422 0.25 - 0.5 acre 3 3 18 27 56 42
$335,000 1,911 6,500 - 8,000 sqft 3 2 26 34 53 28
$235,000 1,441 6,500 - 8,000 sqft 3 2 47 60 69 14