Town of Taos / Canon Neighborhood Market Snapshot

Overview

This zone is not currently reading as one of the more competitive parts of the market. It ranks #5 of 6 for competitiveness across all residential types and #6 of 6 for competitiveness among single-family homes only. That single-family ranking matters: detached homes in this area are facing a slower and more selective buyer pool.

The stale inventory signal is also meaningful. 50 of 94 active listings, or 53%, have been on the market for 90 days or more. Median active DOM is 99 days, with the 75th percentile at 191 days. In plain English: a large share of this inventory has already been exposed to the market for a while.

The 12-week median sold price across the zone is $460,000, with a list-to-sale ratio of 94.1%. That suggests buyers have been negotiating meaningfully off list price. This is not a zone where sellers should assume that asking price equals market value.

Type Mix

The market is split between single-family homes and condo/townhome inventory.

Single-family homes account for 58 active listings and 8 sales over the past 12 weeks. The single-family median sold price was $584,000, but the median sold DOM was 189 days. That is a major signal. Single-family homes are selling, but many are taking time.

Condo/townhome inventory is also important in this zone, with 31 active listings and 8 sales over the past 12 weeks. The condo/townhome median sold price was $321,250, with a median sold DOM of 71 days. Relative to single-family homes, the condo/townhome segment appears to be moving faster and at a lower price point.

Manufactured/mobile homes account for 3 active listings with no sales in the 12-week window. There are also 2 active "Other" residential listings and no active Earthship inventory in this zone during the snapshot period.

Market Read

The main story in Town of Taos / Canon is not lack of activity. There were 16 sales over 12 weeks, and the area remains one of the deeper activity pools in the county. The issue is that the available inventory is heavy relative to the current sales pace, especially in the single-family segment.

This is the kind of market where buyers can be selective. Location, condition, walkability, layout, rental potential, and pricing all matter. A well-positioned property can still move, but the data does not support casual overpricing.

Bottom Line

Town of Taos / Canon is active, but it is not tight. With 17.6 months of supply, a 53% stale inventory share, and a 94.1% list-to-sale ratio, buyers have leverage and sellers need to compete carefully.

For sellers, pricing against the actual active competition is critical. For buyers, this zone may offer meaningful opportunity, particularly when a listing has been sitting or when the property needs work, updating, or a more careful valuation discussion.