NAR El Paso housing market 1Q 2015NAR El Paso housing market 1Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=6592015-06-22T00:26:00Z2015-06-22T05:59:00Z

EL PASO - First quarter 2015 housing data have been released for the El Paso market by the National Association of Realtors.

Included in the report are housing affordability, drivers of local demand and new housing construction.

NAR El Paso Housing Market 1Q 2015
Price Activity El Paso U.S. Local Trend
Current Median Home Price (1Q 2015) $138,400 $203,867 Prices continue to grow
relative to last year.
1-year (4-quarter) Appreciation (1Q 2015) 1.6% 6.7%
3-year (12-quarter) Appreciation (1Q 2015) 4.8% 28.8%
3-year (12-quarter) Housing Equity Gain* $6,400 $45,533 Gains in the last 3 years have
extended the trend of positive
price growth after the recession.
7-year (28 quarters) Housing Equity Gain* $4,500 $5,333
9-year (36 quarters) Housing Equity Gain* $18,400 -$13,067

*Equity gain reflects price appreciation only.

See NAR El Paso Regional Real Estate Market 1Q 2015 (PDF) with historical data.

Also see more Housing data under El Paso Market Research.

Prudential Ada, Realtors®
El Paso
http://sweethomeamarillo.housingtrendsenewsletter.com/Metropolitan-Housing-Market-ReportsRead more at {Source}

 Search NewsTalk Texas