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 March 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

$602,125

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$127,125(+26.8%)

Key Takeaway

Homes in Los Alamos have sold for 26.8% more than they did a year ago.

Summary: The median home sold price in Los Alamos was $602,125 in March 2024, up 26.8% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $180K$310K
+72.2%
2 $320K$403K
+25.9%
3 $472K$541K
+14.6%
4 $614.7K$732K
+19.1%
5+ $654.9K$781K
+19.2%

Summary: Los Alamos housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Cities

Los Alamos
+26.8%
White Rock
+8.3%
Santa Fe North
-4.0%
Santa Clara Pueblo
-4.2%

Housing Supply in Los Alamos, NM

How many homes are available in Los Alamos, NM?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3837-2.6%

Summary: The Los Alamos real estate market had 37 homes for sale in March 2024, a 2.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 1517
+13.3%
4 2016
-20.0%
5+ 12
+100.0%

Summary: The Los Alamos housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 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. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Los Alamos in March 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% 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

Mar 2023Mar 2024CHANGE
13 Days25 Days+88.3%

Summary: Homes in Los Alamos had an average of 25 days on market in Mar 2024, up by 88.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 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 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in Los Alamos; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% 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 24 Days Ago

Newest Listings in Los Alamos, NM

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