How competitive is the Albuquerque housing market?

Albuquerque is competitive as of May 2026, with a Sold Score of 64/100 (Good Chance of Selling). **Pending ratio** is 0.74 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -0.1% — fewer choices for buyers than a year ago. **Median days on market** is 57. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 45.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 64/100 (Good Chance of Selling) · Pending ratio: 0.74 · Inventory YoY: -0.1% · Median days on market: 57 · Sellers cutting price: 45.3% · Median listing price: $417,500 (-1.6% YoY)