El Paso rebounds from January in February

April 18, 2010

There were 363 homes sold during February in El Paso.  This is 11 percent higher than 2009 and 2008, which both had 328 sales.

2008 Feb 328 -0.35 162,800 0.08 133,800 0.08 4,374 0.57 13.335 2008 Mar 419 -0.32 157,900 0.02 128,700 0 4,714 2.71 11.25 2008 Apr 292 -0.55 152,400 0.01 126,700 -0.01 4,840 0.49 16.575 2008 May 429 -0.33 164,200 0.08 137,800 0.06 5,155 0.63 12.016 2008 Jun 487 -0.2 168,800 0.01 142,800 0.03 5,127 0.43 10.527 2008 Jul 502 -0.12 161,700 0.01 138,500 0.03 5,012 0.32 9.984 2008 Aug 433 -0.22 160,500 -0.03 133,300 -0.04 5,085 0.31 11.743 2008 Sep 449 0.1 159,400 0.02 134,300 -0.01 5,096 0.27 11.349 2008 Oct 413 -0.06 158,500 0.01 130,500 0 5,040 0.16 12.203 2008 Nov 362 -0.06 156,100 -0.06 132,800 -0.01 4,773 0.11 13.185 2008 Dec 363 0 159,900 0.04 136,300 0.02 4,454 -0.04 12.269 2009 Jan 304 0.02 -0.38 157,700 -0.01 126,900 -0.05 4,499 0.06 14.799 2009 Feb 326 -0.01 -0.35 152,600 -0.06 130,900 -0.02 4,530 0.04 13.895 2009 Mar 435 0.04 -0.29 154,500 -0.02 133,500 0.04 4,578 -0.03 10.524 2009 Apr 381 0.3 -0.41 155,500 0.02 128,100 0.01 3,982 -0.18 10.451 2009 May 440 0.03 -0.31 148,700 -0.09 126,800 -0.08 3,940 -0.24 8.954 2009 Jun 481 -0.01 -0.21 156,300 -0.07 134,500 -0.06 3,749 -0.27 7.794 2009 Jul 478 -0.05 -0.17 157,100 -0.03 135,200 -0.02 3,704 -0.26 7.748 2009 Aug 485 0.12 -0.12 150,100 -0.06 129,600 -0.03 3,681 -0.28 7.589 2009 Sep 485 0.08 0.19 151,200 -0.05 130,000 -0.03 3,610 -0.29 7.443 2009 Oct 541 0.31 0.23 149,200 -0.06 131,000 0 3,580 -0.29 6.617 2009 Nov 570 0.57 0.47 147,800 -0.05 131,900 -0.01 3,549 -0.26 6.226 2009 Dec 444 0.22 0.23 154,200 -0.04 135,000 -0.01 3,375 -0.24 7.601 2010 Jan 253 -0.17 -0.15 156,000 -0.01 130,700 0.03 3,310 -0.26 13.083 2010 Feb 363 0.11 0.11 142,100 -0.07 126,300 -0.04 3,321 -0.27 9.148 Year Month House Sales 1 Yr Change 2 Yr Change Average Home Price % Price Change Median Home Price % 1 Yr Change Active Listings % 1 Yr Change Months of Inventory

Prices did not improve as sales did.  The average price was $142,100 and the median price was $126,300.  The average price dropped from last month and dropped 7 percent from last year.  The median price was down $4400 from last month and 4 percent from last year.  Though more homes were sold, they were sold at lower prices.

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