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How competitive is the Espanola housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v264

Data-backed
Sold Score
20/100
YoY Difficult Selling Environment
Pending ratio
0.17
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
91
YoY days on market
Price cuts
22.0%
YoY of active listings
Espanola is soft for sellers as of May 2026, with a Sold Score of 20/100 (Difficult Selling Environment). **Pending ratio** is 0.17 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +14.7% — more choices for buyers than a year ago. **Median days on market** is 91. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 22.0% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 20/100 (Difficult Selling Environment) · Pending ratio: 0.17 · Inventory YoY: +14.7% · Median days on market: 91 · Sellers cutting price: 22.0% · Median listing price: $420,000 (-15.8% YoY)

Espanola snapshot

As of the latest 2026 data
Median listing
$420K
YoY -0.2%
Active inventory
109
YoY +0.1%
Median DOM
91
YoY -0.2%
Pending ratio
0.17
YoY -0.1%
Price-reduced
13.4%
YoY -0.0%

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