Espanola, NM
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Espanola market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Espanola, NM.
The Espanola, NM housing market is currently Very Weak, characterized by a pending ratio of 0.17, indicating demand absorption is severely lagging supply. This condition persists despite a year-over-year contraction in active listings of 12.3%.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Espanola market right now.
The market exhibits a significant year-over-year decline in median listing price, down 17.8%, with the average listing price also falling sharply by 57.2% over the past year. Active listings have contracted by 12.3% year-over-year, while new listings remained flat. Median days on market increased by 20.4% over the past year, reflecting a slower sales pace. The pending ratio registered at 0.17, showing minimal year-over-year change, underscoring persistent demand weakness relative to available inventory.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.17, demand is significantly outpaced by available inventory, placing substantial pressure on pricing. The protracted median days on market, increasing by 20.4% year-over-year, indicates a slower transaction pace, requiring sellers to demonstrate considerable price discipline to attract interest and reduce inventory. Buyers may find a wider selection and more time to evaluate opportunities.
The average listing price has declined considerably year-over-year by 57.2%, creating a substantial spread relative to the median listing price. Additionally, the median price per square foot has fallen by 6.2% over the past year, suggesting softness at higher price points within the market.
107 active listings represent the current floor, with new supply arriving at roughly 20 per month.
of active listings carry a price reduction, -4.7% from prior period.
Median price per square foot has moved -6.2% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Espanola, NM? Homes here are taking 17 days longer to sell than last year.
Buyers have leverage in Espanola, NM. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 17%
- Median Days on Market
- 98 days
- Inventory YoY
- −12%
In a buyer's market, strategy beats timing. See how your home scores in Espanola, NM and what moves the number.
See my Sold Score & selling strategy →Prefer the data first? Get the monthly Espanola, NM briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Espanola, NM yet — claim this market →
The Monthly Briefing
Stay ahead of the Espanola market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Track your ZIP
Get the Sold Score for your exact ZIP code in your inbox each month.