Over the last 12 months, 243 homes sold in Near North Valley (Albuquerque, NM) at a median price of $350,000. Of those closings, 54% sold under asking, 33% at asking and 14% over asking — based on SFAR + SWMLS MLS closed-sale data through November 1, 2026. Homes went under contract in a median of 19 days in this window. At 2.6 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Near North Valley (Albuquerque) Market Snapshot — subdivision-level data

MetricValue
Geographic binNear North Valley (Albuquerque), NM — subdivision/neighborhood level
Data source board(s)SFAR + SWMLS
Homes sold, last 12 months243
Median sale price, last 12 months$350,000
Median sold $/sqft, last 12 months$228/sqft
Sold under / at / over asking (final list, 12 mo)54% / 33% / 14%
% of final asking price received (median, 12 mo)99.0%
Median days on market, sold homes (12 mo)19 days
Homes sold, last 90 days68
Median sale price, last 90 days$342,000
Months of inventory (true absorption)2.6 months
Active listings (inventory)58
Median active list price$398,250
Pending sales26

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K153 sales (63%)
$400K–$700K58 sales (24%)
$700K–$1M25 sales (10%)
$1M–$2M6 sales (2%)
Over $2M1 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in Near North Valley, NM?

Over the trailing 12 months in Near North Valley (Albuquerque) (SFAR + SWMLS MLS data, closed-sale data), 54% sold under asking, 33% at asking and 14% over asking on final list price, among 243 closed sales. Data through November 1, 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 Near North Valley, NM?

Homes that closed in Near North Valley (Albuquerque) over the last 12 months went under contract in a median of 19 days (SFAR + SWMLS MLS data). At 2.6 months of inventory, supply is tight — a seller's market by the classic 6-month benchmark.

Do sellers get full price in Near North Valley, NM?

Among 243 homes that closed in Near North Valley (Albuquerque) over the last 12 months (SFAR + SWMLS MLS data), 14% sold over asking (while 54% sold under) on final list price. Sellers' median result was 99.0% of final asking price.

What price range sells most in Near North Valley, NM?

Of the 243 homes that closed in Near North Valley (Albuquerque) over the last 12 months, the Under $400K price band led with 153 sales (63%) of closed sales (SFAR + SWMLS MLS data, trailing 12 months).

Related Market Reports


Data source & methodology: Closed-sale and active-listing statistics computed from board-direct SFAR + SWMLS MLS records for Near North Valley (Albuquerque), New Mexico, subdivision/neighborhood-level geographic bin (SFAR `subdivision` / SWMLS `mls_area` proxy, cross-board de-duplicated), snapshot November 1, 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.