I just got our market report for March 09 for our Multiple Listing Service for homes in El Paso, TX and we were up over Feb 09. In Feb 332 homes were sold and in March 435! And that is for a down economy.
The average sales price for March of 08 was $154,446 and March of 09 was $153,181. Not bad for a tough real estate year. Average days on market is about 114 days and homes are selling at about 96% of list price.
Seller are making more concessions for sure but we are not seeing drastic reductions in price.
Now is the time to buy real estate in El Paso, TX so now is also the time to call a Realtor in El Paso, TX. Please feel free to call me at Dan Olivas and Associates at 915-584-5430 and ask for Patti Olivas and I can help you buy or sell a home in El Paso.
Active Rain Real Estate Network
You can find great local El Paso, Texas real estate information on Localism.com Patti Olivas is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
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