Albuquerque Housing Market Update | July 2025 Trends

The Albuquerque housing market is always moving, and July 2025 brought some important changes you’ll want to know about. Whether you’re buying your first home, selling a property, or investing in real estate, understanding the numbers helps you make smarter choices. Don’t worry, we’ll keep this simple, clear, and easy to follow.

What’s Happening Right Now in Albuquerque

Here’s a quick look at the latest July 2025 numbers:

More homes on the market: Inventory rose almost 20%, giving buyers more options.
Prices are steady: The median home price is $365,000, almost unchanged from last year.
Homes take longer to sell: On average, homes spent about 34 days on the market, up from last year.
Sellers still doing well: On average, homes sold for 98.6% of their asking price.

What this means: Buyers have more choices, sellers need to price smartly, and investors can explore opportunities in a more balanced market.

What Buyers Should Know

Buying a home in the Albuquerque housing market can feel overwhelming, but the latest numbers actually work in your favor:

More choice: With inventory up, you don’t have to settle as quickly.
Better negotiating room: Homes are taking longer to sell, which can open the door to flexible deals.
Townhomes and condos are hot: Prices for attached homes (like condos) rose nearly 5%, and pending sales jumped over 25%. These are great options for first-time buyers or those looking for lower maintenance.

Tip: Get pre-approved for a mortgage early. It makes your offer stronger and shows sellers you’re serious. Check out current interest rates.

What Sellers Should Know

Thinking about selling? You can still get a great return in today’s Albuquerque housing market. Here’s why:

Strong prices: Detached home prices stayed near $370,000, while attached homes hit $280,000.
Close to asking price: Most sellers still get about 99% of their asking price when their home is priced right.
More competition: With inventory rising, buyers have more to look at. That means presentation matters.

Tip: Small improvements go a long way—fresh paint, tidy landscaping, and a clean, welcoming space can help your home stand out and sell faster.

What Investors Should Know

For investors, the Albuquerque housing market offers some interesting opportunities:

Steady returns: Prices are stable, which makes it easier to plan long-term investments.
Rental demand: With more attached homes selling, the condo/townhome market is a smart area to explore.
Balanced market: More inventory means less bidding-war frenzy, giving investors a chance to buy strategically.

Tip: Focus on neighborhoods with growth potential areas near downtown, the Westside, or the University of New Mexico often attract strong rental demand.

How Albuquerque Compares to the U.S.

Nationally, the median home price in July hit $435,300, a record high. Sales slowed slightly across the country, but inventory is growing. Compared to that, Albuquerque looks more balanced: prices are steady, homes are still selling, and buyers have more breathing room than in some hotter markets.

Key Takeaways

Here’s the bottom line for the Albuquerque housing market in July 2025:

For Buyers

More homes to choose from
Extra time to make decisions
Condos and townhomes are a strong value

For Sellers

Homes are still selling near the asking price
Good chance to sell quickly if priced right
Presentation and small upgrades really matter

For Investors

Stable prices = reliable planning
Strong demand for condos and rentals
More choices on the market mean better opportunities
Enjoy a smoother, more rewarding real estate experience.

We’ll guide you step by step

At Better with Baron, we know the Albuquerque housing market inside and out. Whether you’re buying your first home, selling for top value, or simply exploring your options, our team is here to guide you every step of the way.