Market Intelligence Report — NM-340

Taos, NM

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

Ref. No: 2026-NM-07
As of the latest 2026 data
Very Weak

Median Listing

$597K
-1.7% YoY

Pending Ratio

0.16
-5.9% YoY

Active Inventory

358
+12.1% YoY

Median DOM

79 Days
+13.3% YoY

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The Taos market currently registers as Very Weak, with a pending ratio of 0.16, indicating demand absorption severely lags available supply. Active listings have expanded by 12.1% over the past year, contributing to heightened inventory levels.

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.

Supply-side dynamics show a significant contraction in new listings, down 42.5% year-over-year, yet active listings have still increased. The median listing price has experienced a modest 1.5% month-over-month increase, but a 1.7% decline year-over-year. Demand metrics, particularly the pending ratio, have shown a year-over-year decrease of 5.9%, reflecting sustained weakness in buyer activity relative to available homes.

Historical Analysis

Market Trends

Median Price

$597K+1.5% MoM

Active Inventory

358+12.1% YoY

Days on Market

79+13.3% YoY

Sold Score™

23-5.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

23
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

With a pending ratio of 0.16 and active listings up 12.1% over the past year, the market is characterized by minimal inventory pressure, requiring sellers to exercise considerable price discipline. The extended median days on market at 79, alongside a rising share of price reductions, suggest that pricing power heavily favors buyers, necessitating strategic concessions for transaction finality.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

358 active listings represent the current floor, with new supply arriving at roughly 54 per month.

Pricing Pressure
13.5%

of active listings carry a price reduction, +1.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.1% year-over-year.

Absorption
0.16

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Taos, NM? Homes here are taking 9 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
16%
Median Days on Market
79 days
Inventory YoY
+12%

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

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Metro Demographics

Metro Area
Taos, NM
CBSA Code
45340
State
NM