Market Intelligence Report — NM-340

Taos, NM

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NM-08
As of the latest 2026 data
Very Weak

Median Listing

$599K
-3.4% YoY

Pending Ratio

0.17
-4.1% YoY

Active Inventory

355
+6.6% YoY

Median DOM

92 Days
+22.7% YoY

Primary Intelligence Tool — Sold Score™

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The Taos market is currently experiencing very weak demand absorption, evidenced by a pending ratio of 0.17. This indicates that supply significantly outpaces the rate of properties entering contract.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Taos market right now.

Active listings have increased by 6.6% year-over-year, alongside a substantial 16.7% year-over-year rise in new listings. While the median listing price shows a marginal month-over-month gain of 0.3%, it has declined by 3.4% over the past year. The median days on market have extended significantly, rising 22.7% year-over-year to 92 days, further indicating decelerated market activity.

Historical Analysis

Market Trends

Median Price

$599K+0.3% MoM

Active Inventory

355+6.6% YoY

Days on Market

92+22.7% YoY

Sold Score™

25-4.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

25
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this environment, negotiating leverage shifts towards buyers due to persistent inventory levels and an extended marketing period for properties. The low pending ratio suggests that properties are taking considerably longer to go under contract, placing pressure on price discipline.

Luxury Segment

The average listing price has increased by 7.0% year-over-year, while the median listing price has contracted by 3.4% and median $/sqft by 1.2% over the same period. This divergence, producing an elevated average-to-median spread, suggests relative resilience in higher price tiers despite broader market cooling.

Supply Dynamics

355 active listings represent the current floor, with new supply arriving at roughly 56 per month.

Pricing Pressure
14.1%

of active listings carry a price reduction, -1.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.2% year-over-year.

Absorption
0.17

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Taos, NM? Homes here are taking 17 days longer to sell than last year.

Buyers have leverage in Taos, 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
92 days
Inventory YoY
+7%

In a buyer's market, strategy beats timing. See how your home scores in Taos, NM and what moves the number.

See my Sold Score & selling strategy

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The Monthly Briefing

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Metro Demographics

Metro Area
Taos, NM
CBSA Code
45340
State
NM
Analysis FAQ
  • What is the current market condition in Taos?+

    As of the latest 2026 data, the Taos metro is classified as Very Weak. Pending ratio is 0.17 with median days on market at 92.

  • Are home prices dropping in Taos?+

    Median listing price is $599K, -3.4% year over year. 14.1% of active listings carry a price reduction.

  • How fast are homes selling in Taos?+

    The typical listing sits 92 days on market, a +22.7% change YoY. New listings are arriving at 56 per month.

  • What's happening in the Taos luxury market?+

    The average listing price has increased by 7.0% year-over-year, while the median listing price has contracted by 3.4% and median $/sqft by 1.2% over the same period. This divergence, producing an elevated average-to-median spread, suggests relative resilience in higher price tiers despite broader market cooling.

  • Where can I find a trusted Taos real estate expert?+

    Primpted maintains a vetted registry of Taos agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 45340 · 36mo history