Is Los Alamos County, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Los Alamos County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $307.5K | +70.8% |
2 Bedrooms | $317.5K | $405K | +27.6% |
3 Bedrooms | $475K | $537K | +13.1% |
4 Bedrooms | $613K | $727K | +18.6% |
5+ Bedrooms | $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 | $489K | $581.6K | +19.0% |
Sandoval County | $349.9K | $369.6K | +5.6% |
Santa Fe County | $572.2K | $585.3K | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
56 | 50 | -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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 22 | 22 | 0.0% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 7 | 4 | -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 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 17 | -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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
42 Days | 38 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
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.