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 April 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

$596,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$116,000(+24.2%)

Key Takeaway

Homes in Los Alamos have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in Los Alamos was $596,000 in April 2024, up 24.2% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K$310K
+72.2%
2 $345K$385K
+11.6%
3 $470K$541.2K
+15.2%
4 $639K$730.5K
+14.3%
5+ $654.9K$779K
+18.9%

Summary: Los Alamos housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Jemez-Zia
+28.1%
Los Alamos
+24.2%
White Rock
+17.0%
Santa Clara Pueblo
+8.9%
Santa Fe North
+0.8%

Housing Supply in Los Alamos, NM

How many homes are available in Los Alamos, NM?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3749+32.4%

Summary: The Los Alamos real estate market had 49 homes for sale in April 2024, a 32.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 28
+300.0%
3 1816
-11.1%
4 1522
+46.7%
5+ 22
0.0%

Summary: The Los Alamos housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1220+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

8 Homes Were Sold
At Asking

11 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. 55% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Los Alamos in April 2024, up by 66.7% month-over-month. Of the 20 sold homes, 5% were sold under asking, 40% were sold at asking, and 55% 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

Apr 2023Apr 2024CHANGE
6 Days16 Days+167.2%

Summary: Homes in Los Alamos had an average of 16 days on market in Apr 2024, up by 167.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 20 homes were sold in Los Alamos; 90% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in Los Alamos, NM

Nearby Markets to Los Alamos, NM

What housing markets are near Los Alamos, NM?