Albuquerque, N.M. Prices are rising with the temperatures in Southwestern cities such as Albuquerque, but sales volume and building permits are down. Local Market Monitor says home prices are at fair value -- there's only a 7% difference between actual prices and equilibrium. Median price end of 2007: $195,900 Median price end of 2006: $187,500 Percent change: + 4.5% Projected change through Q3..