Is Albuquerque, NM 87107 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Albuquerque is a seller’s market. With about 3.9 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.9Under 4 months = seller’s market

Sold above original list23.5%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market42Listing to accepted offer

Median price per sq ft$264▲ +15.3% vs. last year

Run the numbers for 87107

Prefilled for 87107Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87107Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albuquerque 87102Balanced $230 /sq ft Albuquerque 87104Balanced $273 /sq ft Albuquerque 87105Seller’s market $203 /sq ft Albuquerque 87106Seller’s market $242 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology