Joel K. Schantz, CRB, Qualifying Broker
Taos, New Mexico Real Estate
800.530.8899

Market Trends

SYNOPSIS | GRAPHS

 

SYNOPSIS of the Taos Market: 1st Quarter of 2018

Total Market: (compared to the same period of time 2017)

  • Units UP 17%
  • Sales Volume UP 19%
    • The volume is 63% of the height of marketing activity in 2005

Residential: Single Family

  • Units UP 4%
  • Average Sales Price UP 4% to $335,000
  • Bank Owned properties with only 4 sales averaging $181,125
  • Absorption Rate is averaging 6 months

Residential: Condos

  • Units UP 40%
  • Average Sales Price DOWN 7%

Land: <Land (building site)

  • Units UP 53%
  • Average Sales Price UP to $123,650

Taos Real Estate is moving in the right direction.

 

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GRAPHS

Charts:  2018 1st Quarter

Charts:  2017 Annual

 

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