Taos Real Estate Intelligence Report
Week Ending March 29, 2026
Let’s break down what’s happening this week in Taos and Northern New Mexico real estate
For the week ending March 29, 2026, Taos County recorded 9 residential home sales and 13 total property closings across all classes, including 4 land sales.
The market added 44 new listings, showed 54 under-contract listings in the current weekly snapshot, 33 price adjustments, and 8 expired listings.
Residential pricing, based on 9 closed home sales, produced a median sale price of $548,000 and an average sale price of $563,722, with prices ranging from $315,000 to $930,000.
Median days on market came in at 154.
Across the broader trend, the 4-week rolling median sale price is $599,000, while the market currently carries 23.1 months of housing supply based on 485 active residential listings and 21 residential sales over the past four weeks.
Weekly totals move around. The deeper structure — inventory distribution, absorption, and buyer leverage — is what actually defines this market.
Executive Market Summary
The Taos County housing market continues to operate as two structurally different markets inside one countywide headline.
The core county market remains the center of real transaction activity, while resort markets continue to carry a meaningful share of inventory with slower turnover.
At the county level, supply remains elevated relative to demand, though recent absorption has tightened modestly.
Key Market Indicators
Countywide Residential — Active Listings: 485
4-Week Sales: 21
Months of Supply: 23.1
Market Supply — Structural Breakdown
The Taos County housing market should not be viewed as a single supply number. It operates as two distinct markets with very different absorption rates.
Countywide Market Supply
Active Listings: 485
4-Week Sales: 21
Months of Supply: 23.1
Core County Market Supply
Active Listings: 277
Median Active Price: $535,000
Average DOM: 186.2
Median DOM: 142
Resort Market Supply
Active Listings: 208
Median Active Price: $531,500
Average DOM: 240
Median DOM: 190
Current Market Signals
• Buyer leverage remains present
• Demand is active but highly selective
• Price reductions increased materially this week
• Inventory continues to age beyond 90 days
• Core and resort markets are behaving differently
Market Pulse — This Week
This week recorded 13 total property closings, including 9 residential sales and 4 land transactions.
Forward activity showed 54 under-contract listings in the current weekly snapshot.
The market added 44 new listings, while 33 properties reduced price and 8 listings expired.
Activity
Closed Sales (Residential): 9
Closed Sales (All Classes): 13
New Listings: 44
Under-Contract Listings (weekly snapshot): 54
Total Pending Inventory (All Classes): 117
Price Adjustments: 33
Expired Listings: 8
Pending Inventory — Pipeline Snapshot
Pending is a rolling snapshot of listings currently under contract, not a weekly count of newly accepted offers.
Pending activity represents the current number of listings under contract, not a measure of new weekly demand.
- Under Contract (weekly snapshot): 54
- Total Pending Inventory (all classes): 117
Interpretation
The pending pipeline reflects the current volume of properties under contract across the market. These figures represent pipeline size rather than confirmed near-term closings.
Pricing — Residential Sales This Week
Median Sale Price: $548,000
Average Sale Price: $563,722
Weekly Price Range: $315,000 – $930,000
Median Days on Market: 154
Average Days on Market: 152.8
Pricing Interpretation
This week's pricing reflects a normalized sample size rather than a directional shift. Homes continue to sell, but typically after extended exposure and alignment with buyer expectations.
Rolling Four-Week Context — The Market Behind the Week
Total Residential Closings (4 Weeks): 21
4-Week Median Sale Price: $599,000
4-Week Average Sale Price: $605,251
4-Week Median Days on Market: 159
4-Week Average Days on Market: 179.1
Interpretation
The rolling view shows a selective market with consistent but slow absorption.
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Core County — Residential Inventory Structure
Active residential inventory stands at 277 listings.
Listings above $500,000 account for 146 homes, while 95 homes are below $400,000.
Median Active List Price: $535,000
Average DOM: 186.2
Median DOM: 142
Core County Inventory — Price Band × Bedroom Count
| Price Band | 1 Bed | 2 Bed | 3 Bed | 4+ Bed | Unknown | Total |
|---|---|---|---|---|---|---|
| Under $300K | 8 | 20 | 11 | 2 | 5 | 46 |
| $300K–$399K | 2 | 27 | 14 | 5 | 1 | 49 |
| $400K–$499K | 4 | 11 | 14 | 6 | 1 | 36 |
| $500K–$599K | 2 | 17 | 8 | 0 | 0 | 27 |
| $600K–$699K | 0 | 6 | 8 | 3 | 1 | 18 |
| $700K–$799K | 1 | 2 | 10 | 1 | 0 | 14 |
| $800K–$899K | 0 | 5 | 8 | 3 | 0 | 16 |
| $900K–$999K | 0 | 4 | 11 | 2 | 0 | 17 |
| $1M–$1.49M | 1 | 6 | 11 | 11 | 1 | 30 |
| $1.5M+ | 1 | 4 | 9 | 9 | 1 | 24 |
Source: HomeHeading Intelligence
Resort Markets — Residential Inventory Structure
Active residential inventory stands at 208 listings.
Listings above $500,000 account for 105 homes, while 83 homes are below $400,000.
Median Active List Price: $531,500
Average DOM: 240
Median DOM: 190
Resort Market Inventory — Price Band × Bedroom Count
| Price Band | 1 Bed | 2 Bed | 3 Bed | 4+ Bed | Unknown | Total |
|---|---|---|---|---|---|---|
| Under $300K | 20 | 30 | 3 | 2 | 2 | 57 |
| $300K–$399K | 0 | 17 | 7 | 1 | 1 | 26 |
| $400K–$499K | 2 | 7 | 10 | 1 | 0 | 20 |
| $500K–$599K | 1 | 4 | 9 | 4 | 1 | 19 |
| $600K–$699K | 1 | 3 | 15 | 4 | 0 | 23 |
| $700K–$799K | 0 | 2 | 11 | 5 | 0 | 18 |
| $800K–$899K | 0 | 0 | 5 | 7 | 0 | 12 |
| $900K–$999K | 0 | 2 | 0 | 3 | 0 | 5 |
| $1M–$1.49M | 0 | 0 | 3 | 10 | 0 | 13 |
| $1.5M+ | 0 | 0 | 5 | 10 | 0 | 15 |
Source: HomeHeading Intelligence
Countywide Residential Inventory — Price Band × Bedroom Count
| Price Band | 1 Bed | 2 Bed | 3 Bed | 4+ Bed | Unknown Bed | Total |
|---|---|---|---|---|---|---|
| Under $300K | 28 | 50 | 14 | 4 | 7 | 103 |
| $300K–$399K | 2 | 44 | 21 | 6 | 2 | 75 |
| $400K–$499K | 6 | 18 | 24 | 7 | 1 | 56 |
| $500K–$599K | 3 | 21 | 17 | 4 | 1 | 46 |
| $600K–$699K | 1 | 9 | 23 | 7 | 1 | 41 |
| $700K–$799K | 1 | 4 | 21 | 6 | 0 | 32 |
| $800K–$899K | 0 | 5 | 13 | 10 | 0 | 28 |
| $900K–$999K | 0 | 6 | 11 | 5 | 0 | 22 |
| $1M–$1.49M | 1 | 6 | 14 | 21 | 1 | 43 |
| $1.5M+ | 1 | 4 | 14 | 19 | 1 | 39 |
Source: HomeHeading Intelligence
Land Inventory — Price Band × Acreage Count
| Price Band | <1 | 1–5 | 5–10 | 10–20 | 20–50 | 50–100 | 100–250 | 250–500 | 500–1,000 | 1,000+ | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Under $50K | 115 | 74 | 2 | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 198 |
| $50K–$74,999 | 16 | 63 | 7 | 4 | 7 | 1 | 0 | 0 | 0 | 0 | 98 |
| $75K–$99,999 | 10 | 47 | 8 | 9 | 3 | 1 | 0 | 0 | 0 | 0 | 78 |
| $100K–$199,999 | 13 | 75 | 27 | 23 | 5 | 0 | 1 | 0 | 0 | 0 | 144 |
| $200K–$299,999 | 6 | 29 | 8 | 23 | 6 | 0 | 0 | 1 | 1 | 0 | 74 |
| $300K–$399,999 | 0 | 18 | 6 | 8 | 6 | 0 | 1 | 1 | 0 | 0 | 40 |
| $400K–$499,999 | 0 | 4 | 4 | 4 | 3 | 0 | 0 | 0 | 0 | 0 | 15 |
| $500K–$599,999 | 1 | 3 | 4 | 3 | 2 | 1 | 0 | 1 | 0 | 0 | 15 |
| $600K–$699,999 | 3 | 3 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 10 |
| $700K–$799,999 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| $800K–$899,999 | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 4 |
| $900K–$999,999 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 3 |
| $1M+ | 0 | 3 | 1 | 1 | 6 | 3 | 2 | 1 | 2 | 0 | 19 |
Source: HomeHeading Intelligence
Data Notes
This report uses a broad definition of active inventory, including multiple active-status categories, to reflect the full scope of competing supply in the market.
Land Market Interpretation
The land market is overwhelmingly concentrated in low-price, small-parcel inventory.
• Under $200K accounts for 518 listings
• 1–5 acre parcels account for 322 listings
• Parcels under 5 acres make up roughly 70% of all land inventory
• Large-tract supply exists only in thin counts
This is not structurally a luxury-ranch land market. It is primarily a small-lot and mid-size parcel market with deep low-end supply and very slow absorption.
Selected land months-of-supply signals from the matrix reinforce that point:
• Under $50K total band: 66 months supply
• $75K–$99,999 total band: 39 months supply
• $100K–$199,999 total band: 72 months supply
• $600K–$699,999 total band: 10 months supply, but on very small volume
The land market remains the clearest oversupply segment in the county.
Data Notes
This report uses a broad definition of active inventory, including multiple active-status categories, to reflect the full scope of competing supply in the market.
Final Take
This is not a collapsing market.
It is a high-supply, selective market, but not a uniform one.
The core county market remains the center of actual transaction flow and contains the county's tightest price bands. The resort markets remain materially slower, older, and more supply-heavy. The land market remains the most oversupplied of all.
Countywide, buyers still hold leverage.
But inside that countywide headline, the real story is segmentation:
• some core mid-range housing is moving
• resort inventory remains much slower
• land remains deeply oversupplied
• and outcomes continue to depend heavily on pricing discipline, property fit, and patience
Taos County Housing Market FAQs — March 29, 2026
How many homes sold this week?
A total of 13 properties closed across all property classes, including 9 residential home sales and 4 land transactions.
What is the median home price right now?
The median residential sale price for the week was $548,000, based on 9 closed home sales.
Because weekly sample sizes can still move around, this number should be viewed alongside the 4-week rolling median of $599,000 for a more stable picture.
Is the market going up or down?
The market is not clearly trending up or down based on one week of data.
Instead, it is best described as stable but selective, with outcomes heavily dependent on segment, price band, and how well a property aligns with current buyer expectations.
Is Taos a buyer's or seller's market right now?
Taos remains a buyer-favoring market overall, driven by elevated inventory levels and slower absorption.
That said, some core county mid-range segments are behaving much tighter than the countywide headline suggests.
What does "months of supply" mean?
Months of supply measures how long it would take to sell all current listings at the current pace of sales.
At 23.1 months of supply, the county is operating with substantially more inventory than demand.
Why does pending activity not always match closings?
Pending figures are a rolling snapshot of listings currently under contract, not a weekly count of newly accepted offers.
The report reflects a split between the under-contract count in the current weekly snapshot (54) and the broader pending universe (117). Pending should be read as pipeline size, not a forward-closing guarantee.
Why does this report show more inventory than other sources?
This report includes multiple active-status categories that are often excluded from simplified inventory counts, such as Active Price Change, Active BOM, and Active Extended.
This produces a more complete view of real competing supply in the market.
© 2026 HomeHeading Intelligence. Created and Produced by Chad Belvill, Associate Broker, Dreamcatcher Real Estate Co. Inc.
All rights reserved. Sharing and redistribution permitted with attribution.
Whether you're thinking about selling or buying in Taos County, market conditions matter.
The same forces shaping this report — inventory depth, pricing behavior, days on market, and buyer leverage — play out differently for every property and every timeline.
I provide property- and goal-specific market analysis to help sellers understand realistic pricing and timing, and to help buyers identify where opportunity and negotiation leverage actually exist. The goal is clarity — not pressure — so decisions are based on data, not noise.
If you'd like to see how current market conditions apply to your situation, I'm happy to walk through it with you.
Chad Belvill
575-779-3612 cell
575-758-3606 office
chad@exclusivetaos.com