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Market Updates May 29, 2025 By

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…

alamosa county market

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%

 

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