Is Los Alamos, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$596,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $310K | +72.2% |
2 Bedrooms | $345K | $385K | +11.6% |
3 Bedrooms | $470K | $541.2K | +15.2% |
4 Bedrooms | $639K | $730.5K | +14.3% |
5+ Bedrooms | $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 | $320K | $410K | +28.1% |
Los Alamos | $480K | $596K | +24.2% |
White Rock | $555.7K | $650K | +17.0% |
Santa Clara Pueblo | $320K | $348.5K | +8.9% |
Santa Fe North | $715K | $720.7K | +0.8% |
Housing Supply in Los Alamos, NM
How many homes are available in Los Alamos, NM?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 49 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 8 | +300.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 15 | 22 | +46.7% |
5+ Bedrooms | 2 | 2 | 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 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 20 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 16 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
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.