Market Intelligence Report — NM-740

Albuquerque, NM

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

Ref. No: 2026-NM-08
As of the latest 2026 data
Stabilizing

Median Listing

$418K
+0.7% YoY

Pending Ratio

0.50
-2.1% YoY

Active Inventory

2,263
+3.5% YoY

Median DOM

61 Days
-4.7% YoY

Primary Intelligence Tool — Sold Score™

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The Albuquerque market is currently exhibiting stabilizing dynamics, with a pending ratio of 0.50 indicating a balanced absorption of available inventory. This occurs against a backdrop of modest year-over-year growth in both active listings and new listings, at 3.5% and 0.8%, respectively.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Job Market

5.5%+0.6 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

925,279+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

243+38.4% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Albuquerque market right now.

Inventory levels have experienced a slight increase over the past year, with active listings up 3.5% and new listings up 0.8%. Despite this, the median days on market decreased by 4.7% year-over-year, suggesting some underlying demand persistence. The pending ratio currently stands at 0.50, a decrease of 2.1% from the prior year, indicating a slight moderation in the pace of demand relative to supply. Median listing prices show marginal year-over-year growth of 0.7%.

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

$418K-0.2% MoM

Active Inventory

2,263+3.5% YoY

Days on Market

61-4.7% YoY

Sold Score™

60-2.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The current market conditions reflect a more balanced environment, where the pace of transactions is moderate. While inventory has seen a modest increase, the steady pending ratio suggests that neither demand nor supply is exerting dominant pressure. This environment encourages price discipline, with less intense competition for available properties compared to highly accelerated periods.

Luxury Segment

The average listing price increased by 5.0% year-over-year, significantly outpacing the 0.7% growth in the median listing price, suggesting some upward movement at the higher end of the market. However, median $/sqft saw a more modest increase of 1.8% over the past year. No distinct luxury-segment signal in this dataset.

Supply Dynamics

2,263 active listings represent the current floor, with new supply arriving at roughly 1,028 per month.

Pricing Pressure
24.4%

of active listings carry a price reduction, -0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.8% year-over-year.

Absorption
0.50

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Albuquerque, NM? Homes here are taking 3 days less to sell than last year.

Albuquerque, NM is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
50%
Median Days on Market
61 days
Inventory YoY
+3%

Albuquerque, NM is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Talk to a local listing expert covering Albuquerque, NM.

Valerie Almanzar

Keller Williams Realty

How these recommendations are chosen →

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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

Vetted Local Practitioners

Direct Consultation

Need a real Albuquerque expert on the phone?

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Analysis FAQ
  • What is the current market condition in Albuquerque?+

    As of the latest 2026 data, the Albuquerque metro is classified as Stabilizing. Pending ratio is 0.50 with median days on market at 61.

  • Are home prices dropping in Albuquerque?+

    Median listing price is $418K, +0.7% year over year. 24.4% of active listings carry a price reduction.

  • How fast are homes selling in Albuquerque?+

    The typical listing sits 61 days on market, a -4.7% change YoY. New listings are arriving at 1,028 per month.

  • What's happening in the Albuquerque luxury market?+

    The average listing price increased by 5.0% year-over-year, significantly outpacing the 0.7% growth in the median listing price, suggesting some upward movement at the higher end of the market. However, median $/sqft saw a more modest increase of 1.8% over the past year. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Albuquerque real estate expert?+

    Primpted maintains a vetted registry of Albuquerque agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 10740 · 36mo history