Claudia Hargrove Thoughts

The Greater El Paso Association of Realtors just released the market report for June 2017. I’ve listed some highlights from the report below:

Home Sales

Single‐family detached homes sales in El Paso were 751 for June 2017,up 9% from June 2016. Resale homes represented 70% of single‐family sales, with new homes at 30%.

Home Prices

Single‐family homes saw the median sale price at $150,950 and average sale price at $164,521. The average sale price showed an increase of 1% from June 2016.

Under Contract

699 pending sales were reported in June, down 3.7% from June 2016. The average Days on Market, from listing date to pending date, was 82 days in June.

The full report can be retrieved from here: June_2017_MLS_Stats.02