(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5WB8HLVL'); El Paso Single-Family Home Values Rise | Hamilton Zanze

El Paso Single-Family Home Values Rise

hamilton-zanze December 23, 2013

In El Paso, single-family home prices increased by $6,500 from 2010 to 2012, bringing the median home value to $112,000, according to the U.S. Census Bureau. Home prices in Wilson County rose by $32,000 during the same period—the most of any county in Texas.

El Paso currently has an eight-month inventory, meaning the average home spends around eight months on the market before being sold. Sam Trimble, a realtor for Century21, explained the abundance of inventory in the Sun City: “It is a buyer’s market right now. There are a little under 4,000 houses for sale in El Paso right now, and there are probably not 4,000 active buyers in El Paso right now.”

Read more at KFOXTV.com

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