Jun 22, 2015
NAR El Paso housing market 1Q 2015
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...
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.
| 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.
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