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Alamosa County Market Update – March 2021

Commercial Real Estate sales volume of $462.5K with 4 transactions in 2020 in Alamosa County is significantly down 88.2% compared to 11 sales of $3.9M in 2019. Residential Real Estate sales for $25.9M YTD in 2020 is up 8.6% compared to sales in 2019 of $23.8M. Sales Taxes are up 9.7% in 2020 compared to taxes collected in 2019.

ALAMOSA MARKET UPDATE

Item
2019
2020
% +/-
——————————————————————————————————————————————————————————————————
VELOCITY
Item:
2019:
2020:
% +/- :
Commercial Sales Volume
$3.9M
$463K
-88.2%
Item:
2019:
2020:
% +/- :
Commercial Transactions
11
4
-63.6%
SALES TAX INDICATORS:
Item:
2019:
2020:
% +/- :
All Sales Taxes
$2.5M
$2.8
9.7%
Item:
2019:
2020:
% +/- :
Item:
2019:
2020:
% +/- :
Lodging Taxes
$264K
$190K
-27.9%
Item:
2019:
2020:
% +/- :
Marketing District Tax
$545K
$381K
-30.1%
RESIDENTIAL REAL ESTATE
Item:
2019:
2020:
% +/- :
Residential Total Sales
$23.9M
$25.9M
8.6%
Item:
2019:
2020:
% +/- :
Residential Transactions
102
107
4.9%
Item:
2019:
2020:
% +/- :
Residential Average Price
$223,568
$233,979
4.7%
Item:
2019:
2020:
% +/- :
Residential Days On Market
97
91
-6.2%
Item:
2019:
2020:
% +/- :
Residential Listed for Sale
11
4
-63.6%

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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.