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Alamosa County Market Update – August 2018


Commercial Real Estate sales volume of $691K with 3 transactions YTD in 2018 is slightly down 1% compared to sales Jan-July 2017 with 2 transactions worth $685K. Residential Real Estate sales for $6.1M YTD in 2018 are slightly down by less than 1% compared to sales Jan-July 2017 of $302M. Sales Taxes are up 4.3% YTD compared to taxes collected Jan-July 2017. New commercial real estate development projects include a new proposed downtown hotel and RV Resort that is being negotiated with the city of Alamosa.

ALAMOSA MARKET UPDATE

2017 Q2 YTD
2018 Q2 YTD
% +/-
——————————————————————————————————————————————————————————————————
VELOCITY
Commercial Sales Volume
Commercial Transactions
$691,860
3
$685,000
2
-0.99%
-33.33%
SALES TAX INDICATORS
All Sales Taxes
Retail Taxes
Restaurant Taxes
Lodging Taxes
Marketing District Tax
Weedtail Sales
RE Transfer Taxes
$1,983,740


$33,094
$76,661

$2,069,073


$30,831
$72,186

4.30%


-6.84%
-5.84%

RESIDENTIAL REAL ESTATE
Residential Total Sales
Residential Total Sales Volume
Residential Average Price
Residential Days on Market
Residential Listed for Sale
30
$6,182,535
$206,085
127
26
31
$6,224,364
$200,786
94
29
3.33%
0.68%
-2.57%
-25.98%
11.54%
NOTES
  • New Downtown Alamosa Hotel Proposed
  • RV Resort negotiating with City of Alamosa
  • Flight Week – UAV Hosted
  • New Adams State College President Hired
  • Spring Fire Fallout
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About The Author

Preston Porter, Porter Realty

A native of Alamosa, Colorado, Preston Porter is the owner and managing broker of Porter Realty in Alamosa, Colorado. With 15 years of real estate experience, Preston�s focus is on listing and selling residential and commercial properties in Alamosa and farm/ranch real estate throughout the five counties of the San Luis Valley.

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