Market Intelligence Report — NM-740

Albuquerque, NM

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NM-06
As of the latest 2026 data
Accelerated

Median Listing

$420K
-0.3% YoY

Pending Ratio

0.67
+7.5% YoY

Active Inventory

1,931
-6.8% YoY

Median DOM

57 Days
-0.4% YoY

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The Albuquerque market is currently Accelerated, driven by a pending ratio of 0.67, indicating steady demand absorption. Active listings have contracted by 6.8% year-over-year, contributing to tighter market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Albuquerque market right now.

The market is seeing a modest appreciation in median listing price month-over-month by 0.6%, although it remains marginally below year-ago levels by 0.3%. Pending listings show strength with a year-over-year increase in the pending ratio of 7.5%, signifying a continued shift in market dynamics. The decline in both active and new listings by 6.8% and 7.9% respectively, suggests a tightening of inventory in the current period.

Valerie Almanzar
Valerie Almanzar
Keller Williams Realty

Local pricing and inventory dynamics across Albuquerque shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$420K+0.6% MoM

Active Inventory

1,931-6.8% YoY

Days on Market

57-0.4% YoY

Sold Score™

64+7.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

64
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.67 and contracting inventory, the market exhibits characteristics where demand is outpacing new supply. This environment typically introduces increased pressure on pace, potentially requiring buyers to act with greater immediacy. Price discipline remains important as the median listing price shows only minor year-over-year adjustments.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,931 active listings represent the current floor, with new supply arriving at roughly 1,094 per month.

Pricing Pressure
20.5%

of active listings carry a price reduction, -2.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.4% year-over-year.

Absorption
0.67

Pending-to-active ratio — Accelerated.

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Metro Demographics

Metro Area
Albuquerque, NM
CBSA Code
10740
State
NM

ZIPs in Albuquerque, NM

Sorted by active inventory · click a ZIP for its full report

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