Los Alamos Market Status
This is a short note to provide a snapshot of the Los Alamos County housing market, as of January 5, 2017.
Comparison between the last three months of 2016 to the same months in 2015, of sold-home information
Comparison to Oct 2015 - Dec 2015, of sold-home information|
|Period||Homes Sold||Days on Market||Average Home Price||Av. Price per SQFT|
|Oct(15) - Dec(15)||85||114||259,593||122|
|Oct(16) - Dec(16)||93||80||288,181||138|
The signs of improvement in the national housing market scene are beginning to manifest themselves in the Los Alamos market.
The average home price in the preceding three months (October - December) and the average price-per-square-foot for these periods are somewhat higher than last year's. 32% of the homes (an unusually large percentage) sold in Los Alamos in the last three months, were sold above their asking price, indicating significant competition between offers. As of January 5th, 2017, there are 21 active listings in Los Alamos County, an exceedingly low number. The figure below shows how the number of homes available for sale dipped in recent months. In summary, house sales are picking up, and prices are beginning to increase. The low mortgage rates make this an attractive market for buyers, and the very low inventory makes this a very attractive market for sellers!
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Number of listed available homes in Los Alamos County in recent months