Southeast Albuquerque Housing Market Report February 2025Bernalillo County, New Mexico

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Housing Prices in Southeast Albuquerque, NM

How much do homes in Southeast Albuquerque, NM cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Southeast Albuquerque is a Seller's Market

Difference Since February 2024

Since last year, Southeast Albuquerque has remained a Seller's Market.

Insight

Southeast Albuquerque is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$360,280$200/SqFt
+$21,037
+6.2%

Based on all homes sold in the last 12 months

Insight

Homes in Southeast Albuquerque have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Southeast Albuquerque was $360,280 in February 2025, up 6.2% from last year, and the median price per square foot was $200.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Trumbull Village
+23.3%
Southeast Albuquerque
+6.2%
South San Pedro
+3.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$180K$200K
+11.1%
2$274.7K$285K
+3.7%
3$339.8K$349.9K
+2.9%
4$440K$450K
+2.3%
5$485K$557.5K
+14.9%

Summary: Southeast Albuquerque housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.1%. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +2.9%. The home price for 4 bedroom homes increased by +2.3%. The home price for 5 bedroom homes increased by +14.9%.

How does Southeast Albuquerque, NM compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Southeast Albuquerque, NM

Housing supply in Southeast Albuquerque, NM

How many homes are available in Southeast Albuquerque, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
253Last MonthFeb 2025
2822 months agoJan 2025
-10.3 %
Change MoMJan – Feb

Summary: The Southeast Albuquerque real estate market had 253 homes for sale in Feb 2025, a 10.3 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
49Last MonthFeb 2025
522 months agoJan 2025
-5.8 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
13326
-21.2%
28274
-9.8%
310290
-11.8%
45452
-3.7%
51111
0.0%

Summary: Southeast Albuquerque housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -21.2%. The inventory for 2 bedroom homes decreased by -9.8%. The inventory for 3 bedroom homes decreased by -11.8%. The inventory for 4 bedroom homes decreased by -3.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Southeast Albuquerque, NM cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price19 Homes

Under Asking Price26 Homes

Insight

If you're buying a home in Southeast Albuquerque, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in Southeast Albuquerque in February 2025, down by 5.8% month-over-month. Of the 49 sold homes, 53% were sold under asking, 39% were sold at asking, and and 8% were sold over asking.

Days on Market for Southeast Albuquerque, NM

How long does it take to sell a home in Southeast Albuquerque, NM?

Breakdown of Home Sale Times

Under 30 Days24 Homes

30 – 90 Days14 Homes

Over 90 Days11 Homes

Insight

Many homes in Southeast Albuquerque are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 49 homes were sold in Southeast Albuquerque; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
49 DaysThis YearFeb 2025
41 Days1 year agoFeb 2024
+19.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Southeast Albuquerque had an average listing age of 49 days in Feb 2025, up by 19.9% compared to the previous year.

Newest Listings in Southeast Albuquerque, NM

What homes are available in Southeast Albuquerque, NM?

Nearby markets

Nearby markets aren't available for Southeast Albuquerque, NM

MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, Santa Fe MLS, and North Texas Real Estate Information Systems Inc. for the period 03/01/2023 - 03/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/14/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.