Is Los Alamos, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Los Alamos has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $310K | +72.2% |
2 Bedrooms | $320K | $403K | +25.9% |
3 Bedrooms | $472K | $541K | +14.6% |
4 Bedrooms | $614.7K | $732K | +19.1% |
5+ Bedrooms | $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 | $475K | $602.1K | +26.8% |
White Rock | $575K | $622.5K | +8.3% |
Santa Fe North | $704.5K | $676.5K | -4.0% |
Santa Clara Pueblo | $360K | $345K | -4.2% |
Housing Supply in Los Alamos, NM
How many homes are available in Los Alamos, NM?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 37 | -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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 20 | 16 | -20.0% |
5+ Bedrooms | 1 | 2 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 11 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 25 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
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.