The Taos County housing market currently operates as two distinct residential markets with very different absorption rates.

During the past four weeks, 11 of the 13 residential home sales occurred in the core county housing market, while the resort markets account for more than 40% of active residential inventory but only two recent closings. This imbalance causes countywide inventory metrics to appear significantly elevated relative to the pace of activity in the primary housing market serving full-time residents.

Core County Housing — Active Listings: 290, 4-Week Sales: 11, Months Supply: 26.4

Resort Markets — Active Listings: 206, 4-Week Sales: 2, Months Supply: 103.0

Countywide Total — Active Listings: 496, 4-Week Sales: 13, Months Supply: 38.2

The core county housing market remains buyer-favoring but active, while the resort segment currently shows substantially slower absorption relative to available supply. Weekly transaction counts remain volatile, but the four-week trend continues to describe a selective market rather than a rapid decline in demand.

• Buyer leverage remains elevated due to high inventory levels

• Core county housing continues to account for the majority of recent transactions

• Resort markets carry significantly slower absorption and older inventory

This week recorded 8 total property closings across Taos County, including 6 residential sales and 2 land sales.

Forward activity remained active, with 58 pending contracts suggesting continued buyer engagement even as weekly closed volume moderated from the prior report.

The market also added 30 new listings, while 13 properties reduced price and 6 listings expired. Hot list activity reached 103 properties, indicating continued buyer monitoring of available inventory despite the slower closing pace.

Residential analysis below reflects the six residential home sales recorded this week. Weekly fluctuations should not be interpreted as long-term trends; the four-week rolling context provides a more stable view of market conditions.

Activity

Closed Sales (Residential): 6

Closed Sales (All Classes): 8

New Listings: 30

Pending Contracts: 58

Price Adjustments: 13

Expired Listings: 6

Withdrawn Listings: DATA_UNAVAILABLE

Hot List Properties: 103

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

Median Sale Price: $485,138

Average Sale Price: $592,379

Weekly Price Range: $225,000 – $1,425,000

Median Days on Market: 218

Average Days on Market: 283.5

Pricing Interpretation

This week's median sale price of $485,138 came in below the current four-week median of $575,000, suggesting a softer weekly mix rather than a broader repricing of the market.

The weekly average remained elevated because one upper-tier property closed at $1.425M. Without that transaction, the weekly average would have been much closer to the median, indicating a lower-priced cluster of weekly sales.

Days on market also came in above the rolling trend, indicating that several of this week's closings had spent substantial time on the market before securing a buyer.

Weekly numbers fluctuate. A four-week rolling view provides a more stable picture of market behavior.

Total Residential Closings (4 Weeks): 13

4-Week Median Sale Price: $575,000

4-Week Average Sale Price: $626,790

4-Week Median Days on Market: 167

4-Week Average Days on Market: 205.5

Interpretation

This week's median price came in below the rolling trend while days on market came in above it. That combination suggests the weekly closing set included several slower-moving properties that had been on the market for extended periods before selling.

Overall, the four-week data remains consistent with a disciplined but selective market environment rather than a rapid decline in demand.

Active residential inventory in the core county market currently stands at 290 listings.

Listings priced above $500,000 account for 160 homes (55%), while 91 homes (31%) are priced below $400,000.

Median Active List Price: $566,000

Average Active Days on Market: 169.1

Median Active Days on Market: 129

The core county represents the primary housing market for full-time residents and accounts for the majority of recent residential transaction activity.

Two- and three-bedroom homes dominate the middle price tiers, particularly between $300K and $700K where most full-time housing demand occurs.

Four-bedroom homes remain concentrated in the $1M+ price ranges, while entry-level inventory under $300K remains limited and heavily weighted toward smaller homes.

Interpretation

The tightest segments of the core market currently sit in the $300K–$399K and $600K–$699K ranges, both near 11–12 months of supply.

Inventory becomes substantially looser above $500K, where absorption slows and months of supply expand.

The resort segment includes Angel Fire, Red River, Taos Ski Valley, and Eagle Nest.

Active residential inventory across resort markets currently stands at 206 listings.

Median Active List Price: $549,000

Average Active Days on Market: 224.2

Median Active Days on Market: 175

Only two residential properties closed in resort markets during the past four weeks, compared with eleven in the core county housing market, illustrating the slower absorption pace in resort-oriented housing.

Across Taos County, active residential inventory currently stands at 496 listings.

This total combines both the core county housing market and the resort housing markets discussed earlier.

Listings priced above $500,000 account for 270 homes (54%), while 164 homes (33%) are priced below $400,000.

Median Active List Price: $550,000

Average Active Days on Market: 192

Median Active Days on Market: 143

Approximately 35.7% of active listings have been on the market less than 90 days, while the majority represent longer-exposed inventory.

This distribution shows that a significant portion of the county's housing supply has been on the market for extended periods, reinforcing the selective nature of buyer demand in the current environment.

Active land inventory represents the most supply-heavy segment of the Taos real estate market.

The largest concentration appears in the Under $50K price band, while the 1–5 acre category contains the greatest number of active parcels.

Sub-$200K land continues to represent the largest share of the land market, particularly among smaller acreage offerings.

This report uses a broader and more accurate definition of active inventory incorporating multiple active status variants such as price-change and back-on-market listings where applicable. As a result, active inventory totals appear higher than earlier versions of this report, which understated available supply.

List-to-sale ratio metrics remain unavailable due to missing original list price data.

Pending contract date fields remain unreliable, with approximately 52.5% of pending listings showing closing dates already in the past. These fields should not be used as forward-closing forecasts.

How many homes sold in Taos County this week?

Eight properties closed across all classes this week, including six residential homes and two land sales.

What is the current median home price in Taos County?

For the week ending March 15, 2026, the median residential sale price was $485,138. The four-week rolling median currently stands at $575,000.

Is the Taos housing market slowing down?

Weekly numbers fluctuate. While this week showed lighter closed volume than the previous report, the broader structure still reflects an active yet selective market with elevated supply levels.

How much negotiating room do buyers currently have?

Negotiation conditions remain favorable for buyers. With roughly 26 months of supply in the core county and substantially higher supply in resort markets, buyers generally retain negotiating leverage while sellers must remain price-conscious.