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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Alamos County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Los Alamos County, NM

How much do homes in Los Alamos County, NM cost?

Median Sold Price

$601,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,500(+9.2%)

Key Takeaway

Homes in Los Alamos County have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Los Alamos County was $601,000 in October 2024, up 9.2% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K$250K
-18.0%
2 $392K$392.5K
0.1%
3 $527.5K$539K
+2.2%
4 $722.5K$700K
-3.1%
5+ $650K$794K
+22.2%

Summary: Los Alamos County 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 increased by 0.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 22.2%.

Median Sold Price Compared To Nearby Counties

Los Alamos County
+9.2%
Rio Arriba County
+6.0%
Sandoval County
+4.2%
Santa Fe County
+2.3%

Housing Supply in Los Alamos County, NM

How many homes are available in Los Alamos County, NM?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8995+6.7%

Summary: The Los Alamos County real estate market had 95 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 69
+50.0%
3 3640
+11.1%
4 3538
+8.6%
5+ 108
-20.0%

Summary: The Los Alamos County 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2334+47.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Alamos County, you could pay more than the asking price. 44.1% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Los Alamos County in October 2024, up by 47.8% month-over-month. Of the 34 sold homes, 26% were sold under asking, 29% were sold at asking, and 44% were sold over asking.

Days on Market for Los Alamos County, NM

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days19 Days+2.6%

Summary: Homes in Los Alamos County had an average of 19 days on market in Oct 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 34 homes were sold in Los Alamos County; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% 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 County, NM

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