GAAR Market Statistics for January & February 2026
FOR IMMEDIATE RELEASE
Contacts: Chris Venegas, 2026 President, GAAR Board of Directors
505-234-5820 / chrisvenegasnm@gmail.com
Ryan Swinney, GAAR CEO
505-724-3481 / ryan@gaar.com
GAAR Market Statistics for January & February 2026
During the integration of our new statistics product for 2026, we encountered an unexpected issue which has delayed market statistics updates. We are currently waiting for our MLS provider to complete the necessary system mapping to ensure the platform functions properly and that all data is reported accurately. This additional step is essential to ensure the integrity and reliability of the statistics before launch.
We understand how important timely market statistics are to your reporting. In the meantime, the Southwest MLS staff have been actively compiling the data manually to ensure you still have access to key insights.
Greater Albuquerque Area Statistics for January 2026 as compared to January 2025
Single-Family Detached Homes
- Inventory of Homes for Sale increased 9.6% to 1,616
- New Listings decreased -12.0% to 796
- Median Sales Price increased 2.5% to $369,000
- Average Sales Price increased 2.4% to $415,235
- Days on Market increased 8.5% to 51 days
U.S. existing-home sales climbed 5.1% month-over-month and 1.4% year over-year to a seasonally adjusted annual rate of 4.35 million units, the strongest pace in nearly three years, according to the National Association of REALTORS® (NAR). Lower mortgage rates and slower home price growth helped spur buyer activity, and sales increased month-over-month in every region. On an annual basis, sales rose in the South, held steady in the West and Midwest, and declined in the Northeast.
Nationally, there were 1.18 million homes for sale heading into January, an 18.1% decline from the previous month but 3.5% higher compared to the same period last year, representing a 3.3-month supply at the current sales pace, according to NAR. Meanwhile, the median existing-home price rose 0.4% from a year ago to $405,400, reflecting a continued moderation in national price growth.
Greater Albuquerque Area Statistics for February 2026 as compared to February 2025
Single-Family Detached Homes
- Inventory of Homes for Sale increased 3.6% to 1,587
- New Listings decreased -7.0% to 851
- Median Sales Price increased 4.3% to $375,000
- Average Sales Price increased 3.6% to $429,902
- Days on Market increased 8.0% to 54 days
Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over month and year-over-year in all four regions.
Nationally, the median existing-home price inched up 0.9% year-over-year to $396,800, a new high for the month, NAR reported. Home prices have continued to rise across much of the country, in part due to low supply, which remains below pre-pandemic levels. Total housing inventory stood at 1.22 million units as of the most recent reading, up 3.4% from one year earlier, representing a 3.7-month supply at the current sales pace.
The attached Green Market Reports are compiled by MLS staff using data from the Southwest MLS. Market statistics are available at: https://www.gaar.com/market-statistics
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About GAAR
For more than 100 years, the Greater Albuquerque Association of REALTORS® (GAAR) has served home buyers, home sellers, and the local community. Throughout the years, the Association has undergone several name changes as its geographic boundaries have expanded to include areas in Bernalillo, Valencia, Sandoval, and Torrance County.
Today GAAR is the largest local professional trade association in Central New Mexico with over 4,400 members pledged to a strict Code of Ethics and Standards of Practice. Established in 1921, GAAR is the Voice for Real Estate for the Greater Albuquerque Area and the trusted source for accurate real estate market data and trends.
REALTOR® is a registered collective membership mark that may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics.
For media assistance, please contact Sarah Bernson at 505-724-3483 or sarahb@gaar.com.