Alamosa / San Luis Valley Q1 2025 Market Update Report
Commercial activity in Alamosa and the surrounding San Luis Valley is largely stagnant, with a few things happening including two hotel builds (one in downtown Alamosa and one in Monte Vista near the fairgrounds), and an ENT credit union breaking ground near the Wal-Mart.
Residential construction and development continues as the city attempts to catch up to its housing deficit.
| Q1 2024 | Q1 2025 | %+- | |
| VELOCITY (Source – MLS) | |||
| Commercial Sales Volume |
$3,674,500 |
$2,504,000 |
-32% |
| Commercial Transactions | 5 | 5 |
0% |
| VACANCY RATE | |||
| CAP RATE | 7% | ||
| SALES TAX INDICATORS (Source – County Administrator, and Marketing District Director) | |||
| Sales Tax |
$799,719 |
$813,566 |
+.2% |
| Lodging Taxes |
$157,377 |
$161,389 |
+2.5% |
