RE/MAX of Los Alamos

Los Alamos County Real Estate Report

June 2015

Compliments of RE/MAX of Los Alamos

Includes data from the Santa Fe Association of Realtors MLS. The SFAR MLS does not guarantee nor is
in any way responsible for its accuracy. Data may not reflect all real estate activity in the area.

NUMBER OF HOMES SOLD PER MONTH

40
35

37
33

30
30

30

25
20
15
10
5

26
22

23 22

20 20

19 19
13 13 13 14

16

14 14

15

23

21

20 20
17

15 15

16

24

22

21
15 16 16

24

18

Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15

Please note the seasonal fluctuations - usually peaks in summer, valleys in winter.
Home sales in 2012 were unusually low. We attribute this to market paralysis that
often occurs in election years, and in the case of 2012, the added uncertainty of the
LANL VSP (Voluntary Separation Program).

Compliments of RE/MAX of Los Alamos - July 13, 2015

Includes data from the Santa Fe Association of Realtors MLS. The SFAR MLS does not guarantee nor is in any way responsible for
its accuracy. Data may not reflect all real estate activity in the area.

MEDIAN AND AVERAGE HOME SALE PRICE TRENDS

Median Sale Price

$226,900

$228,425

$249,000

$250,500

$270,000

$240,000
2009

$252,000

$250,000

$150,000

2008

$200,000

$289,750

$250,000

$278,500

$300,000

$305,500

$350,000

2015 (143
homes sold)

2014

2013

2012

2011

2010

2007

2006

2005

$100,000

Average Sale Price

$285,307

$280,625

$269,727

$259,196

2011

2012

2013

2014

$244,901

$289,377
2010

$150,000

$267,247

$200,000

$285,440

$250,000

$317,288

$300,000

$342,054

$350,000

2015 (143
homes sold)

2009

2008

2007

2006

$100,000

Compliments of RE/MAX of Los Alamos - July 13, 2015

Includes data from the Santa Fe Association of Realtors MLS. The SFAR MLS does not guarantee nor is in any way responsible for
its accuracy. Data may not reflect all real estate activity in the area.

SALE PRICE RATIOS

(3-MONTH MOVING AVERAGES)
These graphs look at the ratios of sold price to original asking price, and sold price to current
asking price. Note that sale vs. current ratios are much higher than sale vs. original ratios.
Heres why:

When a home is priced properly, sellers can expect a sale price close to 95% of the
current asking price.
The original and current asking price of a home may be identical; meaning the seller
never has to reduce their original asking price in order to attract a buyer.
However, when sellers overprice their homes, they will often have to reduce the original
asking price over time before they attract a buyer.

Sale Price to Original Price Ratios

100%
96%
92%
88%
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15

84%

Sale Price to Current Asking Price Ratios

100%

98%
96%
94%
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15

92%

Compliments of RE/MAX of Los Alamos - July 13, 2015

Includes data from the Santa Fe Association of Realtors MLS. The SFAR MLS does not guarantee nor is in any way responsible for
its accuracy. Data may not reflect all real estate activity in the area.