Over the last 12 months, 195 homes sold in Downtown Albuquerque (Albuquerque, NM) at a median price of $310,000. Of those closings, 58% sold under asking, 32% at asking and 9% over asking — based on SFAR + SWMLS MLS closed-sale data through October 11, 2026. Homes went under contract in a median of 22 days in this window. At 5.9 months of inventory, supply and demand are roughly balanced (6 months is the classic equilibrium benchmark).
Downtown Albuquerque Market Snapshot — subdivision-level data
| Metric | Value |
|---|---|
| Geographic bin | Downtown Albuquerque, NM — subdivision/neighborhood level |
| Data source board(s) | SFAR + SWMLS |
| Homes sold, last 12 months | 195 |
| Median sale price, last 12 months | $310,000 |
| Median sold $/sqft, last 12 months | $250/sqft |
| Sold under / at / over asking (final list, 12 mo) | 58% / 32% / 9% |
| % of final asking price received (median, 12 mo) | 98.3% |
| Median days on market, sold homes (12 mo) | 22 days |
| Homes sold, last 90 days | 45 |
| Median sale price, last 90 days | $325,000 |
| Months of inventory (true absorption) | 5.9 months |
| Active listings (inventory) | 89 |
| Median active list price | $375,000 |
| Pending sales | 26 |
Sales by Price Band (last 12 months)
| Price band | Closed sales |
|---|---|
| Under $400K | 141 sales (72%) |
| $400K–$700K | 46 sales (24%) |
| $700K–$1M | 6 sales (3%) |
| $1M–$2M | 2 sales (1%) |
| Over $2M | 0 sales (0%) |
Frequently Asked Questions
Are homes selling over or under asking price in Downtown Albuquerque, NM?
Over the trailing 12 months in Downtown Albuquerque (SFAR + SWMLS MLS data, closed-sale data), 58% sold under asking, 32% at asking and 9% over asking on final list price, among 195 closed sales. Data through October 11, 2026; New Mexico is a non-disclosure state, so only aggregate closed-sale statistics are published, never individual sale prices.
How fast do homes sell in Downtown Albuquerque, NM?
Homes that closed in Downtown Albuquerque over the last 12 months went under contract in a median of 22 days (SFAR + SWMLS MLS data). At 5.9 months of inventory, supply and demand are roughly balanced (6 months is the classic equilibrium benchmark).
Do sellers get full price in Downtown Albuquerque, NM?
Among 195 homes that closed in Downtown Albuquerque over the last 12 months (SFAR + SWMLS MLS data), 9% sold over asking (while 58% sold under) on final list price. Sellers' median result was 98.3% of final asking price.
What price range sells most in Downtown Albuquerque, NM?
Of the 195 homes that closed in Downtown Albuquerque over the last 12 months, the Under $400K price band led with 141 sales (72%) of closed sales (SFAR + SWMLS MLS data, trailing 12 months).
Related Market Reports
- Albuquerque NM Real Estate Market Report — October 2026
- Sandia Heights (Albuquerque) Market Report — October 2026
- Four Hills (Albuquerque) Market Report — October 2026
- Northeast Heights (Albuquerque) Market Report — October 2026
Data source & methodology: Closed-sale and active-listing statistics computed from board-direct SFAR + SWMLS MLS records for Downtown Albuquerque, New Mexico, subdivision/neighborhood-level geographic bin (SFAR `subdivision` / SWMLS `mls_area` proxy, cross-board de-duplicated), snapshot October 11, 2026. New Mexico is a non-disclosure state: only aggregate sold statistics (medians, counts, ratios, days on market) are published here — never an individual sale price. Statistics below a floor of 20 sold records in the trailing 12-month window, or under 5% of subdivision inventory, are suppressed rather than estimated (this subdivision cleared that floor). This subdivision is on the SWMLS/flexmls (Albuquerque-metro) board, which does not expose an Original List Price field in the data grid, so the headline pricing metric here is the under/at/over-final-asking-price split rather than percent of original asking price. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.