As a new service in 2024, we will be providing a complete list of monthly market statistics for El Paso County and/or particular zip codes. If you’re interested in receiving this monthly stat report, please email [email protected]
The El Paso County real estate market saw 2,737 active listings, with 1,522 new listings and 836 pending sales. When compared to last year, new listings were up by 9.9%, with pending sales decreasing by 3%. Pending sales also saw a 7.5% decline when viewed month-over-month.
The months supply of inventory landed at 3.1 months, a 24% increase year-over-year. Days on market climbed to 45 days, on average, a 40.6% increase YoY.
Prices for single-family/patio homes saw increases across both average prices and median prices both YoY and MoM.
Key highlights are below.
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Active listings were up 10.8% when compared to last month and jumped 31.1% when compared to last year at this time. Last year saw 2,087 active listings.
Pending properties - indicating demand - were down 7.5% MoM and saw a decrease of 3.1% when compared to last year at this time. Last year saw 863 pending sales.
April saw a 3.3% increase in inventory when compared to last month.
April saw the percent-of-the-closed-price-to-list-price at 98.7%.This data point was up MoM (0.3%) but down 1.3% compared to last year.
This data point was up 1.1% when compared to this time last year, and up slightly (0.4%) when viewed month-over-month.
If you would like to have our monthly stats for your zip code, please email [email protected]. Stats are released on the 15th of each month. If you would like to be taken off further mailings in area code 80919, email [email protected] with the subject: Remove from Mailing list. We understand that most of you have agents or are not in the market to sell.
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