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Town of Taos / Canon
Town of Taos / Canon Neighborhood Market Snapshot
Week ending June 7, 2026
Key indicators
The Town of Taos / Canon area is carrying one of the slower inventory structures in this week’s neighborhood set. As of June 7, the zone had 89 active residential listings and 12 sales over the trailing 12-week window, producing 22.3 months of supply. That is a buyer-favorable reading. It does not mean nothing is selling, but it does mean the active inventory base is much deeper than the current pace of closings can quickly absorb.
Buyer demand
Buyer activity is selective. Only 3 properties sold over the last four weeks, while 12 sold over the full 12-week period. That gap matters because it shows activity exists, but the most recent four-week pace is light relative to the amount of inventory on the market. Single-family homes remain the largest part of the active base, with 48 active listings and 9 sales over 12 weeks. Condos and townhomes are also a major part of this zone, with 36 active listings and 3 recent sales.
Seller positioning
Seller positioning is where the market is most demanding. The median active listing has been on the market 87 days, and the 75th percentile is 210 days. Nearly half of active listings — 48% — have been on the market 90 days or longer. That is a meaningful stale tail, especially in a zone with 89 active listings. Buyers have room to compare options, and older inventory has to compete with both fresh listings and properties that have already adjusted to the market.
The list-to-sale ratio is also important. At 92.9%, this zone shows more negotiation and discounting than areas where closed sales finish close to list price. That does not mean every seller is giving up large concessions, but it does show that pricing resistance is present in the closed-sale data. The 12-week median sale price was $564,500 across all residential types, with single-family sales showing a $630,000 median and condos/townhomes showing a much lower $210,000 median. Those different property-type mixes should not be blended too casually when comparing individual homes.
Property type signal
The single-family and condo/townhome markets are behaving differently. Single-family sales took longer, with a 12-week sold DOM median of 188 days. Condos and townhomes had a thinner but faster recent sample, with 3 sales and a 45-day median DOM. That suggests the lower-priced attached-housing segment may be clearing more efficiently than the broader single-family inventory, but the sample is still limited.
Bottom line
Town of Taos / Canon is not a tight market right now. Inventory is deep, recent four-week sales are light, and the list-to-sale ratio shows negotiation is part of the landscape. Buyers have leverage, especially where listings have aged. Sellers need to price against the real competitive set, not just against prior expectations.
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Market snapshot based on MLS data available as of June 7, 2026. Small samples can move quickly, so these figures should be read as directional.