Town of Taos / Canon Market Snapshot

Buyer activity

The current report contains six four-week sales and 20 twelve-week sales. Across the last three reports, the twelve-week count moved from 24 to 25 to 20, while the four-week count held at six. That is a lower current longer-window total, rather than a consistent decline across both measures.

The twenty-sale median price is $535,875, little changed from $535,000 in the October 18 report. Median sold time on market increased from 119 to 152 days. The properties represented in the current closing sample therefore had a longer median marketing history, but that does not establish the future selling time of homes still available.

The active and sold medians need to remain separate. Active listings have a median exposure of 141 days; completed sales have a median of 152 days. They describe different groups of properties and different stages of the selling process.

Seller positioning

Median active DOM increased from 137 to 141 days, and the 75th-percentile reading increased from 206 to 213 days. Across the October 11, 18, and 25 reports, median active exposure has risen from 132 to 137 to 141 days.

The count of listings marketed for at least 90 days declined by one, from 54 to 53. Their rounded share remains 65% because the total inventory also declined. There is one fewer older listing in the current count, but established inventory still makes up nearly two-thirds of the available choices.

The reported list-to-sale ratio declined from 94.1% to 91.7%. That indicates a larger gap below the list-price measure in the current sales sample. It does not establish that every seller accepted a larger concession, and the sequence—93.3%, 94.1%, then 91.7%—is not a steady decline across the three reports.

For sellers, the combination of longer active exposure and substantial supply makes the competitive comparison important. The relevant question is how the property stands against homes buyers can choose now and the completed sales most similar to it.

Property-type differences

Single-family homes account for 55 active listings and 12 twelve-week sales, compared with 56 listings and 15 sales last week. Their median sold price increased from $623,000 to $669,000, while median sold DOM increased from 149 to 170 days.

Those changes describe a different rolling closing sample. The higher single-family median is not evidence that comparable homes appreciated, just as the longer sold DOM does not prove that every property is taking longer to sell.

Condos and townhomes have 24 active listings and seven twelve-week sales, compared with 25 listings and nine sales in the prior report. Their median sold price remains $379,000, but median sold DOM increased from 83 to 146 days. An unchanged price median can coexist with a substantially different marketing-time profile.

Both major property types therefore have slightly less active inventory and fewer rolling sales. The single-family count declined by three sales and the condo/townhome count by two, accounting for the five-sale reduction in the zone-wide twelve-week total.

Manufactured and mobile homes remain at two active listings and one sale. That sold sample is too thin for a useful separate price or marketing-time comparison.

Bottom line

Town of Taos / Canon has fewer listings than last week, but the decline in the twelve-week closing count leaves a more heavily supplied balance. Four-week sales remain unchanged, so the data do not support treating this as a sudden loss of current buyer activity. Buyers still have substantial alternatives, while sellers face longer median active exposure and a large base of established competition. Homeowners assessing value should look through the nearly unchanged combined sold median to the relevant property type and individual transactions.