Cyndi Gonzalez's Market Report
El Prado, NM 87529
Condos/Townhomes
Berkshire Hathaway HomeServices Taos Real Estate | cyndigonzalez@icloud.com | 575-741-6534
El Prado, NM 87529
Fri Sep 11 2026
This week the median list price for El Prado, NM 87529 is $285,000 with the market action index hovering around 21. This is less than last month's market action index of 23. Inventory has increased to 11.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | $285,000 | |
| Median Price of New Listings | $459,000 | |
| Per Square Foot | $381 | |
| Average Days on Market | 136 | |
| Median Days on Market | 105 | |
| Price Decreased | 45% | |
| Price Increased | 9% | |
| Relisted | 0% | |
| Inventory | 11 | |
| Median Rent | ||
| Market Action | 21 | |
| Slight Buyer's Advantage | ||
Despite this week’s down tick, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $509,900 | 1,541 | - | 2 | 2 | 46 | 1 | 0 | 49 |
| $339,500 | 994 | - | 2 | 2 | 39 | 0 | 0 | 28 |
| $259,000 | 526 | - | 1 | 1 | 44 | 0 | 0 | 252 |
| $227,000 | 507 | - | NaN | 1 | 37 | 0 | 0 | 231 |