Is Alamosa, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alamosa is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Alamosa has remained a Buyer's Market.

Key Takeaway

Alamosa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Alamosa, CO

How much do homes in Alamosa, CO cost?

Median Sold Price

$305,000

$182/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$10,000(-3.2%)

Key Takeaway

Homes in Alamosa have sold for 3.2% less than they did a month ago.

Summary: The median home sold price in Alamosa was $305,000 in August 2024, down 3.2% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 -$183K
N/A
3 $378.5K$305K
-19.4%
4 $315K$362.5K
+15.1%
5+ --
N/A

Summary: Alamosa housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes did not change.

Housing Supply in Alamosa, CO

How many homes are available in Alamosa, CO?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4952+6.1%

Summary: The Alamosa real estate market had 52 homes for sale in August 2024, a 6.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2729
+7.4%
4 1111
0.0%
5+ 55
0.0%

Summary: The Alamosa housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alamosa, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Alamosa in August 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Alamosa, CO

How long does it take to sell a home in Alamosa, CO?

Average Sale Time

Jul 2024Aug 2024CHANGE
37 Days27 Days-25.7%

Summary: Homes in Alamosa had an average of 27 days on market in Aug 2024, down by 25.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 5 homes were sold in Alamosa; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

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