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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.