Over the last 12 months, 184 homes sold in South Foothills (Albuquerque, NM) at a median price of $432,750. Of those closings, 53% sold under asking, 30% at asking and 16% over asking — based on SFAR + SWMLS MLS closed-sale data through November 1, 2026. Homes went under contract in a median of 10 days in this window. At 3.6 months of inventory, supply and demand are roughly balanced (6 months is the classic equilibrium benchmark).

South Foothills (Albuquerque) Market Snapshot — subdivision-level data

MetricValue
Geographic binSouth Foothills (Albuquerque), NM — subdivision/neighborhood level
Data source board(s)SFAR + SWMLS
Homes sold, last 12 months184
Median sale price, last 12 months$432,750
Median sold $/sqft, last 12 months$219/sqft
Sold under / at / over asking (final list, 12 mo)53% / 30% / 16%
% of final asking price received (median, 12 mo)99.2%
Median days on market, sold homes (12 mo)10 days
Homes sold, last 90 days39
Median sale price, last 90 days$445,000
Months of inventory (true absorption)3.6 months
Active listings (inventory)47
Median active list price$485,000
Pending sales16

Sales by Price Band (last 12 months)

Price bandClosed sales
Under $400K77 sales (42%)
$400K–$700K94 sales (51%)
$700K–$1M12 sales (7%)
$1M–$2M1 sales (1%)
Over $2M0 sales (0%)

Frequently Asked Questions

Are homes selling over or under asking price in South Foothills, NM?

Over the trailing 12 months in South Foothills (Albuquerque) (SFAR + SWMLS MLS data, closed-sale data), 53% sold under asking, 30% at asking and 16% over asking on final list price, among 184 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 South Foothills, NM?

Homes that closed in South Foothills (Albuquerque) over the last 12 months went under contract in a median of 10 days (SFAR + SWMLS MLS data). At 3.6 months of inventory, supply and demand are roughly balanced (6 months is the classic equilibrium benchmark).

Do sellers get full price in South Foothills, NM?

Among 184 homes that closed in South Foothills (Albuquerque) over the last 12 months (SFAR + SWMLS MLS data), 16% sold over asking (while 53% sold under) on final list price. Sellers' median result was 99.2% of final asking price.

What price range sells most in South Foothills, NM?

Of the 184 homes that closed in South Foothills (Albuquerque) over the last 12 months, the $400K–$700K price band led with 94 sales (51%) 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 South Foothills (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.