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 April 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
$592,787
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Los Alamos County was $592,787 in April 2024, up 20.2% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $310K | +72.2% |
2 Bedrooms | $345K | $396.5K | +14.9% |
3 Bedrooms | $477K | $540K | +13.2% |
4 Bedrooms | $619K | $725K | +17.1% |
5+ Bedrooms | $660.2K | $750.5K | +13.7% |
Summary: Los Alamos County 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 14.9%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Counties
Los Alamos County | $493K | $592.7K | +20.2% |
Sandoval County | $350K | $370.2K | +5.8% |
Santa Fe County | $574.9K | $595.5K | +3.6% |
Rio Arriba County | $366K | $333.4K | -8.9% |
Housing Supply in Los Alamos County, NM
How many homes are available in Los Alamos County, NM?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 61 | +17.3% |
Summary: The Los Alamos County real estate market had 61 homes for sale in April 2024, a 17.3% 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 | 25 | 22 | -12.0% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Los Alamos County 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 12%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Los Alamos County in April 2024, up by 20.0% month-over-month. Of the 24 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 14 Days | +151.4% |
Summary: Homes in Los Alamos County had an average of 14 days on market in Apr 2024, up by 151.4% compared to last year.
Breakdown of Home Sale Times
22 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, 24 homes were sold in Los Alamos County; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.