87107 Real Estate Market

87107 Market

The median sale price for homes in 87107 over the last 12 months is $169,807.


The median mortgage debt is $110,001.

Additional Statistics for Single Family Homes and Condos in Albuquerque, NM
$307,800
Median Listing Price
72
Median Days on Market
157
Active Listings
5.7%
Distressed Listings
(foreclosures and short sales)
87107 (Albuquerque, NM) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Albuquerque is $334,900. The list prices dropped by -1.5% from the previous month.

The price per square foot for listings in this area is $158.

The median sale price in February for single family homes is $281,250. The sale prices increased by 15.92% from the previous month.

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87107 (Albuquerque, NM) Market Inventory Trends

The number of active listings in Albuquerque increased by 13.4% from the previous month.

The median number of days active properties have been listed is 72. This is significantly shorter than the national average.

The number of sales in February dropped by 43.8% from the previous month.

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87107 (Albuquerque, NM) Property Ownership

The percent of unoccupied properties is very low in Albuquerque. It is -8.12% below the national average.

The percent of rental properties in Albuquerque is 11.49% above the national average which is typical for urban areas.

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