Taos Ranch Goes to the Auction Block Known as Blackstone Ranch, the New Mexico property is heading to auction with a reserve price of $19 million—a 65% reduction from its original asking price. By Katherine Clarke Sept. 6, 2018 10:48 a.m. ET A sprawling 190-acre ranch near Taos, N.M., is slated to go on the…

Single-family home sales are still tracking slightly below last year’s pace, while condo, land and commercial sales are ahead. There were 3 homes sold over $1 million last month. And there may be a huge sale in December: the 190-acre Blackstone Ranch is going to be auctioned on Dec. 6, with a minimum bid of $19 million (see the related article posted on our web site).