The list of homes in El Paso County requested more money in April: see the current median price here.
In April 2023, the average price of a home in El Paso County was$300,950that on0.4%higher than the previous value in$299,900According to a study of data on Realtor.com, compared to April 2023, the average price has increased by0.3%from$300,505It is important to note that the statistics provided only pertain to homes listed for sale, not those that have been sold. More information about the real estate market in your area, as well as other useful data about life in the community, is available at data.elpasotimes.com.
The average house size in El Paso County was1,894 square feet, with the price$164per square foot. A comparison with April 2023 shows that the price per square foot has dropped by0.3%One of the properties for sale in the area is a house owned by a retired sergeant, offering beautiful mountain views and seclusion, and is priced under$400,000.
In the El Paso market, home prices are rising slowly, with a median.57 dayson the listing, while the national median is47 daysIn the previous month, homes were on the market for an average of58 daysIn April, something appeared on the market.1,022new houses, which represent18.8% growthcompared to860new proposals registered in April 2023.
It should be noted that the average home prices listed on Realtor.com may not account for a significant number of homes in the area; in other words, this data may only reflect a small portion of the market. Only single-family homes, condominiums, and townhouses are included in the calculations, while most new constructions, as well as transactions that are pending or contingent, are not part of this statistics.
In the El Paso region, the average price of real estate has risen to$300,125, which is slightly higher than the figures from the previous month. The average size of the house remained the same —1,894 square feet, with a price of$164per square foot.
In Texas, the average home prices are$375,000, also showing a slight increase compared to March. The average home for sale in Texas has an area of2,005 square feetand the price$189per square foot.
26 October
The average house price mentioned in this report represents the median of all homes or properties listed for sale over a specific period. Experts argue that the median provides a more accurate market analysis than the average listing price, which is calculated by summing all listing prices and dividing the total by the number of sold properties. This average figure can be distorted by one particularly low or high price.
The USA TODAY network publishes localized versions of this article on its news sites across the country, based on data from Realtor.com. We welcome any feedback or corrections regarding this material. The article was written by Ozge Terzioglu.
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