Real-Time Real Estate Market Report

Albuquerque, NM 87104

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87104

Fri May 16 2025
This week the median list price for Albuquerque, NM 87104 is $597,450 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 26. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Albuquerque, NM 87104

Fri May 16 2025
This week the median list price for Albuquerque, NM 87104 is $597,450 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 26. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $597,450
Median Price of New Listings $620,000
Per Square Foot $264
Average Days on Market 106
Median Days on Market 53
Price Decreased 58%
Price Increased 4%
Relisted 19%
Inventory 26
Median Rent
Market Action 43
Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

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
$987,000 3,142 0.25 - 0.5 acre 3 3 34 1 1 17
$691,500 2,479 6,500 - 8,000 sqft 3 2.5 29 1 1 38
$468,000 1,767 6,500 - 8,000 sqft 3 2 25 2 2 56
$289,500 1,142 0 - 4,500 sqft 3 2 80 0 0 140