Your Go-To Resource for Taos, New Mexico Real Estate
With over 40 years of real estate and land surveying experience, Joel K. Schantz, CRB has unparalleled knowledge of the Taos Real Estate market. With his finger on the pulse of local real estate supply and demand, Joel offers an invaluable edge to both Buyers and Sellers.
From first homes to luxury homes and investment properties to commercial real estate, Joel Schantz and his Team have the expertise to help you achieve your lifestyle needs and negotiate the best deal possible. Contact Joel today at 800.530.8899 ext 501, 575.770.8314 or jschantz@newmex.com.
Buying & Selling Taos Homes
Looking for that ideal property? Whether you're searching as a first time home buyer or a second home, downsizing or upgrading, we will can help you find the perfect Taos home for sale.
When it comes to selling Taos properties, Joel Schantz and Berkshire Hathaway Taos Real Estate provide unrivaled market exposure for home owners with the marketing and support of the professional brokerage, Berkshire Hathaway HomeServices. Stay in touch with text, email, social media or the old fashioned way of “picking up” the phone and call. Looking forward to meeting you.
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Comps 2026: 1/1/26 - 9/30/2026
Residential
Single Family Average Price DOWN: $620,285.
At the end of 2025, (12/31) the average sales price had historically risen to $650,413. Q1 of 2026 saw a drop down to $564,207. A slight increase happened in the Q2 and Q3 2026 quarters, currently showing a -5% decrease since 2025. Unit sales are UP with the increase in $301,000 - $500,000 price range and a decrease in $1M+ units sold. This equates with the lower average sales price.
Luxury properties ranging > $1M-$3M+ is seeing an absorption rate oup to 9 years. The average overall absorption rate for the Taos market is 9 months. This has decreased since Q2 from 12 months, due to the increase in lower priced properties selling.
Condos
Averaging $395,640. Both units sold and average sales price have steadily dropped in the past 4 years. The big surge was in 2006 when new builds were happening. Today those condos are 20 years old with maintenace a constant just like an older single family home. There has been a drop in price by -20% since the height of during Covid in 2023.
Land
Building Sites < 5 acres: Average price is showing $93,383. Units sold 53.
Building site sales are on tract to match December 2025's 81 units sold. Units being sold are matching pre-Covid. Generally, the larger parcels have declined by -27% since December 2025. Land sales are similar to 2018.
9 COMMERCIAL sales, including 3 commercial condos.
Total Market
Sales Volume for Taos Greater Area for the past 4 years has held consistent for the 1st half of the year. With Q3 figures, we are on tract to meet December 2025's 464 units sold.
Taos Real Estate market appears to be back to normal with pre-Covid sales. The average price for a home has increased, but the upper price ranges have not pushed the median price up because most of the activity is in the lower ranges....we have prooduct to sell to the average working "Joe". Financially, loans are still making it happen.
Always Worth a Discussion.
Charts and detailed Market synopsis are available under Resources above. Call our Team: Joel Schantz or Yvonne Lewis
