**Week Ending March 8, 2026**

This week showed stronger residential closed volume and a much healthier forward pipeline than the prior report. Taos County recorded 11 residential home sales this week, with 39 new listings, 62 pending contracts, 23 price adjustments, 13 expired listings, and 127 hot list properties. Closed performance improved, and pending activity suggests more homes are moving into contract than the prior week's report reflected.

Taos County recorded 11 residential home sales this week; 1 land and 0 commercial closings in the weekly sold feed. Pricing and time-on-market metrics below reflect the 11 residential home sales only.

This report's closed-sales metrics reflect residential home sales from the weekly sold feed.

**Important inventory note:** last week's active inventory totals were understated due to an engine-side classification/loading issue that has now been corrected. The active inventory counts shown in this report reflect the corrected March 8 snapshot universe and should be treated as the current baseline.

### Activity

• **Closed Sales (Residential):** 11

• **New Listings:** 39

• **Pending Contracts:** 62

• **Price Adjustments:** 23

• **Expired Listings:** 13

• **Withdrawn Listings:** 0

• **Hot List:** 127

### Closed Sales Breakdown

• **Residential:** 11

• **Land:** 1

• **Commercial:** 0

Compared to the week ending March 1:

• Prior week recorded 7 residential closings; this week posted 11 residential and 12 total closings across all classes.

• Pending contracts increased sharply from 6 to 62.

• New listings rose from 33 to 39.

• Price adjustments declined from 29 to 23.

The forward side of the market improved materially this week. Closed volume increased, and the jump in pending contracts indicates stronger contract formation than the prior week's report showed. That does not mean the market has suddenly accelerated across every segment, but it does indicate more active buyer-seller engagement than the prior week suggested.

Pricing statistics reflect the 11 residential home sales recorded this week.

• **Median Sale Price:** $585,000

• **Average Sale Price:** $656,955

• **Weekly Price Range:** $260,000 – $1,200,000

• **Median Days on Market:** 141

• **Average Days on Market:** 193.1

The median sale price held close to the rolling 4-week median, which suggests pricing remained broadly in line with recent market structure. The average sale price also remained elevated, reflecting continued participation from upper-tier sales.

Days on market, however, came in above the rolling median. That suggests this week's closings included a larger share of slower-moving listings finally reaching the finish line rather than a broad acceleration in transaction speed.

Weekly totals fluctuate. A rolling four-week view provides structural clarity.

**Last 4 Weeks (Residential Only):**

• **Total Residential Closings:** 16

• **4-Week Median Sale Price:** $580,000

• **4-Week Average Sale Price:** $642,219

• **4-Week Median DOM:** 113

• **4-Week Average DOM:** 169.4

**Interpretation:**

This week's median sale price of $585,000 sits just above the 4-week median of $580,000 — effectively flat in directional terms. Price levels remain stable.

The more notable difference is transaction timing. Weekly median DOM of 141 came in above the 4-week median of 113, indicating that a portion of this week's closed volume likely came from homes that took longer to secure a buyer. That is not necessarily a bearish signal; it often reflects mix. It does reinforce the reality that correct pricing and property-specific positioning still matter.

Using the corrected March 8 active snapshot and the last four weeks of residential closings, overall residential months of supply currently stands at **15.5 months**.

**Calculation basis:**

• **Active Residential Inventory:** 248

• **Residential Sales, Last 4 Weeks:** 16

• **Overall Residential Months of Supply:** 15.5

**Interpretation:**

That is a slower absorption pace and points to a market with meaningful buyer choice, especially once inventory is viewed across the full active residential universe. That does not mean every segment is slow. It does mean the market overall is carrying substantially more active supply than recent closed volume alone would absorb quickly.

At the segment level, some bands are moving more efficiently than others. Among segments with at least a small recent sold sample, the $800K–$899K band posted the fastest recent absorption pace at 5.7 months of supply, while the $400K–$499K band showed a much slower pace at 29.0 months of supply. These segment readings should still be treated directionally, not as fixed truths, because recent sold counts remain relatively small.

**Interpretation:**

Residential supply is not behaving evenly across price bands. The $500K–$599K, $800K–$899K, and $1M–$1.49M bands show the healthiest recent turnover among bands with multiple recent sales. By contrast, several other segments posted little or no recent closing activity, which leaves months-of-supply undefined over the last four weeks and reinforces that some parts of the market are moving much more selectively than others.

**Interpretation:**

The current supply pace is fairly similar across the main two-bedroom, three-bedroom, and four-plus-bedroom categories, all clustering in the mid-teens of months of supply. One-bedroom inventory appears slower on this short window, but that reading is based on only one recent sale and should not be overinterpreted.

Active residential inventory currently sits at 248 listings.

Supply above $500,000 totals 143 listings (58% of inventory), while inventory below $400,000 totals 76 listings (31% of inventory). The distribution remains top-heavy, with the greatest concentration still centered in the mid-market and upper-middle tiers.

**Clarification:** this report uses the corrected March 8 active snapshot. The prior week's published active inventory totals were understated due to an engine-side data loading issue that has now been fixed. For that reason, week-over-week inventory comparisons should be treated cautiously until the historical snapshots are fully reprocessed.

Active Residential Inventory — By Price Band × Bedroom Count

Structural observations

• The deepest concentrations of inventory are now in Under $300K, $300K–$399K, and the two $400K–$599K bands.

• Two-bedroom and three-bedroom homes dominate the market's central price tiers.

• Four-bedroom inventory remains heavily concentrated in the $1M+ categories.

• Supply above $500K still makes up the majority of inventory, preserving a selective environment in the upper tiers.

Buyers have meaningful choice in the $500K+ range. Below $400K, inventory is still more limited relative to broader market demand, even with the corrected snapshot.

Active land inventory stands at 572 listings, remaining a structurally supply-heavy segment.

Land supply remains concentrated in smaller parcels, especially under 5 acres and below $200,000. Larger-acreage offerings exist, but they are comparatively scarce and distributed more thinly across higher price points.

Over the last four weeks, the land sold sample remains thin. Most land segments recorded no recent sales, which means months-of-supply cannot be meaningfully calculated for large portions of the land market on this short window. Where recent sales did occur, they were concentrated in the $100K–$199,999 range.

Land Segments With Recent 4-Week Sales

**Interpretation:**

Land remains a structurally supply-heavy category, and the short rolling sales window reinforces that reality. Most segments recorded no recent closed activity, so the most reliable takeaway is not a precise months-of-supply figure for every cell, but the broader fact that land inventory is deep relative to recent turnover.

Not based on this week's combined signal.

Closed residential volume improved, pending contracts rose sharply, and pricing remained broadly in line with the recent 4-week trend. The main caution is that this week's closed transactions took longer to sell than the rolling median, which suggests continued selectivity rather than a uniformly fast market.

The market is not declining. It remains selective, inventory-aware, and highly sensitive to pricing and positioning.

The newer absorption data adds an important layer: overall residential supply is meaningfully higher than recent closed volume would absorb quickly, but transaction activity is still present in multiple price bands. That is less a picture of collapse than of a market that is sorting carefully and rewarding strong positioning.

Eleven residential sales do not define a long-term trend by themselves. What matters:

• The 4-week median price remains stable at $580,000.

• This week's median sale price came in just above that level at $585,000.

• Median DOM rose above the rolling trend, indicating slower-moving listings also found resolution this week.

• Inventory remains top-heavy, especially above $500K.

• Overall residential months of supply currently stands at 15.5, reinforcing that supply conditions remain elevated relative to recent closed pace.

This is still a market where execution matters more than timing. Homes that are aligned with buyer expectations can move, but the market continues to sort aggressively between well-positioned listings and those that miss the mark.

### 1) How many homes sold in Taos County this week?

Eleven residential homes closed this week, along with one land sale. No commercial closings appeared in the weekly sold feed for this reporting period.

### 2) What is the current median home price in Taos County?

For the week ending March 8, 2026, the median residential sale price was $585,000. The 4-week rolling median is $580,000.

### 3) Is the market slowing down?

Not based on this week's combined evidence. Closed volume improved and pending contracts rose sharply, but homes that closed this week took longer to sell than the recent rolling median. The market remains active, but selective.

### 4) What is months of supply in Taos County right now?

Using the corrected March 8 active snapshot and the last four weeks of residential closings, overall residential months of supply is 15.5 months. That indicates a slower overall absorption pace, though individual price segments are behaving differently.

### 5) Which residential price bands are moving fastest right now?

Among price bands with multiple recent closings, the $800K–$899K segment showed the fastest recent absorption pace at 5.7 months of supply. The $500K–$599K and $1M–$1.49M bands also showed stronger recent turnover than many other segments.