El Paso housing stats 3Q 2015 Coldwell Banker

​EL PASO – Coldwell Banker Legacy has released its third
quarter 2015 El Paso housing report.

Following an already strong second quarter, 3Q 2015 average
sale prices, median sale prices and average price per sf all registered
increases over last quarter.

Third quarter prices represent a substantive increase over 3Q
2014.

El Paso remains one of the more stable markets,
characterized by a price trend on a mildly increasing trajectory.

What is interesting however, is the increase in the number
of transactions occurring in the past two quarters. While reflecting seasonal
patterns, year-over-year increases in sales have been somewhat dramatic.

Months-of-supply is hovering around a tempered,
6.6 months, which is pretty normal for this market.