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How competitive is the Albuquerque housing market?

P

Primpted Housing Analyst

Updated monthly · Data through July 2026 · v266

Data-backed
Sold Score
65/100
YoY Good Chance of Selling
Pending ratio
0.59
YoY contracts vs active
Inventory YoY
-0.0%
YoY active listings
Median DOM
60
YoY days on market
Price cuts
50.1%
YoY of active listings
Albuquerque is competitive as of July 2026, with a Sold Score of 65/100 (Good Chance of Selling). **Pending ratio** is 0.59 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -2.8% — fewer choices for buyers than a year ago. **Median days on market** is 60. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 50.1% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (July 2026): Sold Score: 65/100 (Good Chance of Selling) · Pending ratio: 0.59 · Inventory YoY: -2.8% · Median days on market: 60 · Sellers cutting price: 50.1% · Median listing price: $418,600 (-0.3% YoY)

Albuquerque snapshot

As of the latest 2026 data
Median listing
$419K
YoY -0.0%
Active inventory
2,059
YoY -0.0%
Median DOM
60
YoY -0.0%
Pending ratio
0.59
YoY +0.0%
Price-reduced
23.4%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The Albuquerque housing market is fairly balanced right now, not heavily favoring buyers or sellers. Prices are holding steady, and homes are taking a bit longer to sell than they did last year. Some sellers are also lowering their asking prices. This suggests a more typical market pace.The median listing price is $418,600, which is very similar to last year, down just 0.3%. It also dipped slightly by 0.4% compared to the prior month. This means prices are not rising quickly, giving buyers a more stable environment.There are 2,059 homes for sale right now, which is a small decrease of 2.8% from last year. However, fewer new homes are coming on the market, down 3.1% year-over-year. This limited supply could create some competition, but it's not enough to drive prices way up.Homes are staying on the market for a median of 60 days, which is slightly longer than last year. About 23.4% of homes have also had their prices reduced. Both of these numbers suggest that sellers need to be realistic with their pricing to attract buyers.For those looking to buy in Albuquerque, this could be a good time to find a home without facing intense bidding wars. Sellers should price their homes thoughtfully and be prepared for them to take a little longer to sell.

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