Albuquerque Metro Market Snapshot – September 2025

Albuquerque Metro Market Snapshot – September 2025

The Greater Albuquerque housing market continues to show resilience and steady demand despite tighter inventory. Here’s how the numbers stack up:

📉 New Listings:
Detached home listings dropped 14.7% compared to last year, signaling continued low inventory. Fewer homes entering the market is keeping competition strong among buyers.

📈 Closed Sales:
Closed detached home sales increased 9% year-over-year, while year-to-date closings are up 3.9% — proof that serious buyers are still moving forward, even with higher prices and rates.

💰 Home Prices:

• Median sale price for detached homes jumped 7.2% year-over-year, reaching $437,050.

• The average price also climbed 7.6%, showing appreciation across most price points.

• Sellers are still getting nearly full asking price, with an average 98.6% of list price received.

🏠 Inventory and Market Pace:

• Inventory rose 14.6% compared to last year, but supply remains lean at just 2.7 months — well below a balanced market (typically 6 months).

• Homes are selling slightly faster, with average days on market improving year-over-year.

  

  Bottom Line

  The Albuquerque market remains strong and competitive. Limited inventory keeps values steady, while buyers who act quickly and strategically are finding success. Sellers continue to benefit from strong demand and solid sale-to-list ratios.

  Need more information?  Contact me today about selling your Albuquerque home!

Linda DeVlieg Killman

Let me, an Albuquerque real estate broker, help you find your dream home or sell your current home - with a personalized marketing program set up for your needs and expectations. I want to be your first source for real estate information and I am the number one Internet real estate expert in Albuquerque. Specializing in all Albuquerque neighborhoods and the beautiful area of Chama Valley in Northern New Mexico. Contact me today to get started!