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 February 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

$581,666

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$92,666(+19.0%)

Key Takeaway

Homes in Los Alamos County have sold for 19% more than they did a year ago.

Summary: The median home sold price in Los Alamos County was $581,666 in February 2024, up 19% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $180K$307.5K
+70.8%
2 $317.5K$405K
+27.6%
3 $475K$537K
+13.1%
4 $613K$727K
+18.6%
5+ $660.2K$748K
+13.3%

Summary: Los Alamos County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.8%, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Counties

Los Alamos County
+19.0%
Sandoval County
+5.6%
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

Jan 2024Feb 2024CHANGE
5650-10.7%

Summary: The Los Alamos County real estate market had 50 homes for sale in February 2024, a 10.7% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 2222
0.0%
4 2322
-4.3%
5+ 74
-42.9%

Summary: The Los Alamos County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 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. 52.9% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Los Alamos County in February 2024, down by 10.5% month-over-month. Of the 17 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% 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

Feb 2023Feb 2024CHANGE
42 Days38 Days-8.4%

Summary: Homes in Los Alamos County had an average of 38 days on market in Feb 2024, down by 8.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 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 February 2024, 17 homes were sold in Los Alamos County; 65% of homes were sold within 30 days, 18% 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 27 Days Ago

Newest Listings in Los Alamos County, NM

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