2023 Q2 – First Half
The Taos real estate market has cooled off from the super-hot conditions of 2020-2022—but it is still strong! Read more to learn what’s happening with prices, inventory, days on the market, and more.
Market Reports
2023 Q1 – First Quarter
The market peaked in the third quarter of 2022, and then cooled from the frenetic pace that started in mid-2020.
Buyers seemed to be pausing to determine what would happen with interest rates and the probability of a recession. There are still more buyers than sellers, but market activity is less intense.
Year-to-Date October 31, 2022
The market continues to slow down but it’s still solid. Closings continue to speed up, as the new title company has made a difference.
Year-to-Date September 30, 2022
Sales of homes have just exceeeded last year’s pace; but this is probably due to the title companies catching up on closings.
Year-to-Date August 31, 2022
Although the market continues to decelerate some, the chronic shortage of homes for sale means that prices should remain fairly firm.
