Jodi Brown • Realtor

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Jodi Brown • Realtor Real Estate PROs • 4100 East Main Street Farmington • (505) 588-7767

10/25/2026
🌊 San Juan County Flood Update, Sunday, October 25Our community has been through a lot these past few days. Here’s what ...
10/25/2026

🌊 San Juan County Flood Update, Sunday, October 25

Our community has been through a lot these past few days. Here’s what you need to know, and how you can help.

WHERE THINGS STAND
The rivers are finally going down. The San Juan in Farmington has dropped below major flood stage, and the Animas and La Plata are receding. Shiprock is still in major flood stage but expected to drop.

The National Weather Service estimates up to 1,500 homes and buildings were affected. That could mean roughly 4,000 of our neighbors. Crews have made an estimated 200 to 300 rescues, and thankfully no lives have been lost.

STAY SAFE
🚫 Don’t return to evacuated areas until law enforcement says it’s clear. Power, gas, water, and sewer may still be unsafe.
🚫 Stay out of floodwater and mud. It’s contaminated with sewage.
✅ Drinking water is safe. Kirtland, Aztec, and Bloomfield residents, please conserve water.
🚫 No drones near the river. They can ground rescue helicopters.

NEED HELP?
📞 911: emergencies only
📞 211: information, resources, and assistance
📞 Red Cross: 1-800-RED-CROSS
🏠 Shelter: McGee Park (Road 5568). Pets, RVs, and livestock welcome.
🗺️ Live map of closures and sandbag sites: perimetermap.com
💰 Emergency assistance: echoinc.org

WANT TO HELP?
Cash donations help the most right now.
💙 San Juan United Way Flood Fund (100% stays local): sjunitedway.harnessgiving.org/campaigns/21916
❤️ American Red Cross: redcross.org
🙋 Volunteer: redcross.org/volunteer

Want to donate goods? Call 211 first to see what’s needed. Drop-offs go to San Juan United Way, 903 W. Apache St., Farmington.

If your home was damaged, take photos of everything before you clean up and call your insurance company. The governor is requesting a federal disaster declaration, which may open more assistance soon.

Check in on your neighbors. San Juan County takes care of its own. 💙

For the latest official updates, follow San Juan County Office of Emergency Management on Facebook.

You can make a difference in your community by volunteering with the Red Cross. Find the perfect position for you and discover how to volunteer today!

"Housing market in a deep freeze." "Sales down 11%." "Record low."Deep freeze? Hardly. Headlines sell, but they don't te...
10/21/2026

"Housing market in a deep freeze." "Sales down 11%." "Record low."

Deep freeze? Hardly. Headlines sell, but they don't tell the whole story.

You have probably seen these headlines this week. Some of the numbers are real. What is missing is context. So I pulled 20 years of San Juan County MLS data and read the actual September reports. Here is what I found.

What the "down 11%" headline is really about
That number is national pending contracts (new deals signed in September), down 11.3% from last year. NAR's pending index did hit its lowest reading since it began in 2001. That is worth watching. But it is not the same as homes sold.

Actual closed sales nationally in September? Down 2.2% from last year, at a pace of about 4 million homes a year. The national median price rose to $417,500, the 39th straight month of year-over-year gains. Days on market: 33, the same as last September. First-time buyers made up 31% of sales, up from last year. Slow, yes. Halted, no.

Closer to home, regionally
Greater Albuquerque closed sales were down about 12% versus last September, but the median price was up 1.3% and homes that sold went under contract in a median of 20 days. Inventory is about 3.5 months. Fewer sales, firm prices.

Here in San Juan County
September 2026 had 73 closed residential sales, up 11% from 66 last September and right on our 20-year September average of 73. Homes sold faster, with a median of 16 days on market compared with 31 a year ago, and at 99.5% of list price. From January through September, closings are up 6% (642 vs 608) and the median price is up 4% to $301K.

One honest note: September's median price was $290K, below last September's unusually high $325K. Month-to-month medians bounce around with the mix of homes that close. The year-to-date trend is still up. Even in September 2008, in the middle of the housing crash, 98 homes closed here.

Are rates really that big of a factor?
Yes, they matter. The 30-year average hit 7.40% on October 15, the highest since late 2023, after the Fed raised its rate in September. That slows new contracts, and I expect a softer fall nationally.

But rates are not the whole story in our market. September 2012 had rates near 3.5% and only 52 local closings. September 2023 had rates above 7% and 73. Local jobs, inventory, and life events (moves, family changes, retirements) drive our market as much as the rate sheet does.

What this means for you
Buyers: less competition and more room to negotiate on price, repairs, or concessions.
Sellers: buyers are still out there, but they are focused on the monthly payment. Pricing, condition, and presentation matter more now than they did two years ago.

Slower is not stopped. A shifting market rewards a plan, not panic. If you want to know what these numbers mean for your home or your next move, send me a message. I am happy to walk through it with you.

Jodi Brown, Associate Broker
Real Estate PROS | 505-588-7767

Sources: NAR Existing-Home Sales and Pending Home Sales reports (Sept 2026), Freddie Mac PMMS, SWMLS data reported by WelcomeHomeABQ, SJCMLS closed residential sales (11 San Juan County communities, 2006 through Oct 19, 2026). Information deemed reliable but not guaranteed.

September snapshot for San Juan County. Median sold price is $305,000 year to date, up 7% over last year, on 580 closing...
09/10/2026

September snapshot for San Juan County. Median sold price is $305,000 year to date, up 7% over last year, on 580 closings. Buyers are still working: 117 homes are under contract right now.

But this is not one market. Under $200K there is 1.1 months of supply. Above $750K there is 12.6. And 41% of everything currently listed has already cut its price.

June is the fastest month of the year here. We are past it, and the window narrows through December. If you are weighing a fall listing, the number you pick on day one is most of the outcome. Happy to break out your band and your neighborhood.

The median San Juan County home costs 80% more than it did in 2016. It's the same house.That's the part that surprised m...
08/25/2026

The median San Juan County home costs 80% more than it did in 2016. It's the same house.

That's the part that surprised me when I ran the numbers. I pulled every closed residential sale in the county from 2016 through last week, 9,810 of them, and I expected to find that buyers were simply buying bigger. They aren't. Median square footage sold in 2016 was 1,698. So far in 2026 it's 1,690. Eight square feet apart, ten years and $135,000 later.

A few other things the data turned up:

The under-$200,000 house has nearly vanished. There were 458 of them sold in 2016. There have been 71 so far this year. Those homes didn't go anywhere. They repriced.

Price went up 80%. The monthly payment went up 180%. Rates did that, and it's why a 2021 buyer paid roughly a 2016 payment on a house worth $33,000 more.

And here's the one I keep coming back to: sales volume is down 41% from the 2021 peak while prices keep climbing. That combination almost always points at supply. New construction here has fallen by more than half since 2016, and the median home selling in San Juan County today was built in 1987, same as it was a decade ago. We are trading the same aging houses at higher and higher prices.

Worth noting for anyone tracking this: 2026 is running warmer than 2025, not cooler. Through August 20, sales are up about 5%, the median is up about 7%, and more than half of homes are closing at or above asking.

Save this one. If you're thinking about listing, or you're moving here and trying to figure out what your money actually buys, these eleven slides will tell you more than any online estimate will. New Mexico is a non-disclosure state, so those estimates are working from incomplete information. This is verified MLS data.

Questions about what any of this means for your specific property or your budget? Call or text me.

Jodi Brown, Associate Broker Real Estate PROS | NMREC #45463 Office 505-588-7767 | Cell 505-860-6642

Past performance is not a guarantee of future results. This is general market information, not an appraisal or a competitive market analysis.

A guest house used to be a nice extra. Now it's the reason for the move.Looking at 20 years of closed San Juan County sa...
08/13/2026

A guest house used to be a nice extra. Now it's the reason for the move.

Looking at 20 years of closed San Juan County sales, all 16,919 of them, and noted every listing that mentioned a casita, guest house, in-law suite or separate living quarters. From 2006 through 2019 it never cracked 2.5%. Last year it hit 5.7%. In the twelve months through April, 38 of 786 closings. About one in twenty. One in twenty. Something to think about.

Nationally the story looks different, and that's the interesting part. NAR says 14% of buyers bought a multigenerational home last year, down from 17%. Both things are true at once: more families are living together, fewer can afford to go out and buy a house designed for it. So they double up in the home they already own.

Here, the setup was already in place. San Juan County averages 2.86 people per household against 2.48 statewide. We're 18.4% over 65 and 24% under 18 at the same time.

One thing sellers get wrong: these homes sell for about 27% more than the typical local sale, but at $143 a foot instead of $169. Price the property, not the square footage.

And a guest house in a listing is a marketing phrase, not a permit. Whether that space is a legal dwelling unit is a separate question with a paper trail. Verify before you write the offer.

Jodi Brown, Associate Broker, Real Estate PROS
Office 505-588-7767 · Cell 505-860-6642

The first offer is usually the best offer.  Is the first offer the best offer?  Sounds pushy... Read on to understand wh...
08/11/2026

The first offer is usually the best offer. Is the first offer the best offer? Sounds pushy... Read on to understand why that first offer tends to be the strongest.
The moment your home hits the market, the buyers who jump immediately are not random. They have been searching for weeks or months. They have alerts set. They are preapproved. They know the neighborhood, and most of them have already lost out on a house or two. So when your home appears and it fits, they do not wait. They pounce.
That first offer is coming from the most prepared, most motivated buyer in the entire pool.
Now here is the trap. The offer comes in fast, and the seller thinks, if it is this easy this quickly, imagine what is coming. So they say no, expecting better or worse yet, negotiate on unsubstantial terms, dissuade the buyers who have come in with their strongest position. But the ready buyers have already shown their hand. As the weeks pass, the urgency cools. The home starts to feel available. And the next offer usually comes in lower.

A hospital built from river stones still stands in Farmington. Most drive right past it.The cobblestone building at 1257...
08/07/2026

A hospital built from river stones still stands in Farmington. Most drive right past it.

The cobblestone building at 1257 Mission Avenue is the old San Juan Mission Hospital, built in 1922. For decades it was one of only three Episcopal medical missions serving the entire 27,000 square miles of the Navajo Nation. Generations of Diné families were born there, treated there, and said goodbye there. The records still sit at All Saints Church, across the gravel parking lot.

The community nearly lost it in 1954, saved it with protests and a $10,000 gift, and today the building lives again as the Hozho Wellness Center, named for hózhó, the Diné concept of balance and beauty.

Thank you  Jodi Brown and Real Estate PROS for representing the seller. Congratulations to the buyer, Danielle McCulloch...
08/06/2026

Thank you Jodi Brown and Real Estate PROS for representing the seller.

Congratulations to the buyer, Danielle McCulloch.

Some buildings only ever get one life. This one has had a dozen.Close your eyes on the corner and you can almost feel th...
08/06/2026

Some buildings only ever get one life. This one has had a dozen.

Close your eyes on the corner and you can almost feel them. It began as the horse stable for the historic Allen Grand Hotel, back when travelers rolled into Farmington by wagon and took a room for the night while their horses were bedded down here. When the automobile age arrived, it became the Standard Bus Lines depot, and the original ticket window and luggage loading area are still there today. After that came an art gallery, a school, a dance hall, a pizzeria, a gun shop, and more, each one leaving a little of itself behind. Today it is a private car club.

Look up and you will still see the massive solid wood trusses, the kind of craftsmanship you just cannot buy anymore.

And here is the part I love: this piece of Farmington history is for sale, and it is ready for its next chapter. If you have ever wanted to own a true piece of this town's story, message me, or reach the listing broker, Karen Foley, 505-215-1972 Real Estate PROS - Farmington, NM (505) 588-7767

Address

Farmington, NM
87401

Opening Hours

Monday 9am - 7:30pm
Tuesday 9am - 7:30pm
Wednesday 9am - 7:30pm
Thursday 9am - 7:30pm
Friday 9am - 7:30pm
Sunday 11am - 5pm

Telephone

+15058606642

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