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Alamosa County Market Update � September 2020

Commercial Real Estate sales volume of $218K with 2 transactions YTD in 2020 in Alamosa County is significantly down compared to 9 sales of $3M YTD in 2019. Residential Real Estate sales for $12.9M YTD in 2020 are down 2.3% compared to sales YTD in 2019 of $13.2M. Sales Taxes are up 12.6% YTD in 2020 compared to taxes collected YTD in 2019.

ALAMOSA MARKET UPDATE

Item
Q2 2019
Q2 2020
% +/-
——————————————————————————————————————————————————————————————————
VELOCITY
Item:
Q2 2019:
Q2 2020:
% +/- :
Commercial Sales Volume
$3M
$218K
-92%
Item:
Q2 2019:
Q2 2020:
% +/- :
Commercial Transactions
9
2
-77.8%
SALES TAX INDICATORS:
Item:
Q2 2019:
Q2 2020:
% +/- :
All Sales Taxes
$1.1M
$1.3
12.6%
Item:
Q2 2019:
Q2 2020:
% +/- :

Item:
Q2 2019:
Q2 2020:
% +/- :
Lodging Taxes
$217K
$159K
-26.8%

RESIDENTIAL REAL ESTATE
Item:
Q2 2019:
Q2 2020:
% +/- :
Residential Total Sales
$13.2M
$12.9M
-2.3%
Item:
Q2 2019:
Q2 2020:
% +/- :
Residential Transactions
58
56
-3.5%
Item:
Q2 2019:
Q2 2020:
% +/- :
Residential Average Price
$227,902
$230,677
1.2%
Item:
Q2 2019:
Q2 2020:
% +/- :
Residential Days On Market
102
101
-1%
Item:
Q2 2019:
Q2 2020:
% +/- :
Residential Listed for Sale
64
72
12.5%

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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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