Is Los Alamos, NM a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Alamos is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Los Alamos has remained a Seller's Market.

Key Takeaway

Los Alamos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Los Alamos, NM

How much do homes in Los Alamos, NM cost?

Median Sold Price

$600,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+3.4%)

Key Takeaway

Homes in Los Alamos have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Los Alamos was $600,000 in November 2024, up 3.4% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305K$295K
-3.3%
2 $425K$375K
-11.8%
3 $555K$525K
-5.4%
4 $727K$727K
0.0%
5+ $705K$799K
+13.3%

Summary: Los Alamos housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Cities

Santa Fe North
+30.0%
Jemez-Zia
+26.5%
White Rock
+8.9%
Los Alamos
+3.4%

Housing Supply in Los Alamos, NM

How many homes are available in Los Alamos, NM?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5853-8.6%

Summary: The Los Alamos real estate market had 53 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 2120
-4.8%
4 2317
-26.1%
5+ 78
+14.3%

Summary: The Los Alamos housing inventory by bedroom type for November 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 decreased by 4.8%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2212-45.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Alamos, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Los Alamos in November 2024, down by 45.5% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for Los Alamos, NM

How long does it take to sell a home in Los Alamos, NM?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days24 Days-38.9%

Summary: Homes in Los Alamos had an average of 24 days on market in Nov 2024, down by 38.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Los Alamos; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Los Alamos, NM

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