Real-Time Real Estate Market Report

Albuquerque, NM 87104

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Albuquerque, NM 87104

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87104 is $498,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has decreased to 5. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Albuquerque, NM 87104

Tue Mar 28 2023
This week the median list price for Albuquerque, NM 87104 is $498,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has decreased to 5. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Albuquerque market.
Median List Price $498,000
Median Price of New Listings $0
Per Square Foot $211
Average Days on Market 148
Median Days on Market 168
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 46
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,750,000 4,204 0.25 - 0.5 acre 3 3 14 0 0 308
$729,900 2,695 0.25 - 0.5 acre 4 3 0 0 0 14
$498,000 5,865 0.25 - 0.5 acre 7 5 77 0 0 35
$395,000 2,050 4,500 - 6,500 sqft 3 2 96 0 0 192