Taos Real Estate

Since it's been about three weeks since the last hotsheet report, I took the last 30 days for this one.  I may start to do this no matter when I do the Taos real estate hotsheet reports, as this would give those who follow a 30 day rolling comparison in the future.

Highlights in this hotsheet for residential:

• 20 residential listings closed in the 30 day period
• Greatest area volumes were 4 in Angel Fire and 4 in Town of Taos
• The remaining 12 were spread over 11 MLS areas
• Average Days On Market was 406
• We've moved even more to the low end, with bargain hunters picking up homes, with average closed price $184,655 and median at $162,500

As far as land sales, here are the highlights:

• 9 sales averaging $62,378 and median of $29,900.  This was due to one larger deal in Weimer.
• Average Days on Market of 229

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