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 October 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

$599,500

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,500(+7.8%)

Key Takeaway

Homes in Los Alamos have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Los Alamos was $599,500 in October 2024, up 7.8% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K$250K
-18.0%
2 $392K$375K
-4.3%
3 $537K$522.5K
-2.7%
4 $725K$732K
+1.0%
5+ $650K$781K
+20.2%

Summary: Los Alamos housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 20.2%.

Median Sold Price Compared To Nearby Cities

Jemez-Zia
+35.7%
Santa Fe North
+14.6%
White Rock
+12.6%
Los Alamos
+7.8%

Housing Supply in Los Alamos, NM

How many homes are available in Los Alamos, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6158-4.9%

Summary: The Los Alamos real estate market had 58 homes for sale in October 2024, a 4.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 67
+16.7%
3 2221
-4.5%
4 2424
0.0%
5+ 76
-14.3%

Summary: The Los Alamos housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Alamos, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Los Alamos in October 2024, up by 25.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 30% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
20 Days17 Days-14.6%

Summary: Homes in Los Alamos had an average of 17 days on market in Oct 2024, down by 14.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

2 Homes Were 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 October 2024, 20 homes were sold in Los Alamos; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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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