Town of Taos / Canon Neighborhood Market Snapshot

Week ending May 24, 2026

Active listings

Recent sales

trailing 12 weeks

Months of supply

18.0

Median time on market

97 days

Listings 90+ days on market

51%

The Town of Taos / Canon market remains buyer-favoring and inventory-heavy. There are 84 active residential listings against 14 sales over the past 12 weeks, which puts the area at 18.0 months of supply. That is a sluggish absorption reading, especially for one of the county’s most visible and central housing areas. Buyers have options, and sellers are competing in a market where time on market and price discipline matter.

Buyer demand

Buyer activity is present, but it is not strong enough to clear the active inventory base quickly. The area recorded 5 sales over the past 4 weeks and 14 sales over the full 12-week window. That means homes are still moving, but the pace is selective. The 12-week median sale price was $527,500, with single-family homes showing a median of $564,500. Those figures are useful, but the stronger signal is the relationship between inventory and sales pace: supply is still well ahead of demand.

Seller positioning

Seller positioning remains pressured. Median active days on market is 97, and the 75th percentile is 242 days. That means a large portion of the active inventory has been exposed for months. Roughly 51% of active listings have been on the market at least 90 days, creating a meaningful stale tail. The list-to-sale ratio is 91.0%, which points to discounting and negotiation rather than strong close-to-list performance.

Property type signal

Single-family homes continue to drive most of the sales activity. There are 46 active single-family listings and 12 single-family sales over the 12-week window, with a median single-family sale price of $564,500 and median sold DOM of 178. Condo and townhome inventory is also meaningful, with 33 active listings, but only 2 sales in the 12-week window, so the sold-price sample is too thin to interpret confidently. Manufactured/mobile and other categories are present in active inventory but did not record meaningful recent sales activity in this packet.

Ranking profile

The market’s ranking profile reinforces the split. Town of Taos / Canon ranks fourth of six for all-types competitiveness and second of six for stagnation. In plain English, this is an active enough market to generate sales, but it also carries one of the stronger stale-inventory signals among the tracked areas. Properly priced homes can still move, but misaligned listings have a real risk of sitting.

Bottom line

Bottom line: Town of Taos / Canon is not inactive, but it is clearly buyer-favoring. Sellers need to treat price, condition, and presentation seriously because more than half the active inventory is already stale. Buyers should not assume every listing is negotiable, but the 18.0 months of supply and 91.0% list-to-sale ratio show that leverage is present when a property has been sitting or is not aligned with current demand.

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