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 started off the year with elevated inventory but lower demand (pending sales) when viewed year over year. Sellers brought 982 new listings to the market, a 27% increase from last year at this time and an 84% jump from December. Active listings also saw a YoY increase to 2,287 in January. This uptick contributed to months supply of inventory reaching 4.4 months. Pending sales started 2025 at a 4-year low with 591 pending sales. This was a 16% decrease from 2024. The median and average price for single family homes remained steady MoM but increased YoY.
Key highlights are below.
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Active listings were down 3.6% when compared to last month but jumped 41.8% when compared to last year at this time. Last year saw 1,613 active listings.
Pending properties - indicating demand - were up 13.7% MoM but saw a decline of 15.6% when compared to last year at this time. Last year saw 700 pending sales.
January saw a 37.5% increase in inventory when compared to last year. This data point was also up 22.2% when compared to what we saw last month.
January saw the percent-of-the-closed-price-to-list-price at 97.3%.This data point was down slightly MoM (0.2%).
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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