In October, home prices remained unchanged from the month before, with a median listing price of $294,950.
The number of listings on the market shrank 1.1% from last month, which is a bigger decrease than normal for this time of the year in El Paso, and homes are also selling slower than at the same time last year.
Home prices in El Paso
Typically, home price per square foot in El Paso tend to rise in October. But the most recent data shows that the price per square foot remained practically unchanged compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Sun City are smaller the national market.
El Paso inventory
In October, there were 2,452 homes for sale in El Paso, which was 1.1% less than the month before and 13.5% more than the same time last year.
Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001.
The number of new listings in El Paso was 676, which was 10.1% less than the month before and 7.9% less than the same time last year.
Nationally, the number of new listings fell by 2.7% from last month to 384,264.
Time on market
Homes in El Paso take an average of 71 days to sell, according to October figures.
This is two days more than the previous month and nine days more than the same month last year.
For comparison, nationally homes spent an average of 63 days on the market in October.
Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code.
* Here’s a live look at popular listings and recent home sales in El Paso, TX.
Most popular listings in El Paso, TX