Were there more El Paso homes for sale in 2023 than in 2022?
By Brandy Ruiz
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YES
El Paso averaged 2,245 active home listings per month in 2023, up from 1,847 in 2022, according to the Greater El Paso Association of Realtors.
However, new home listings dropped slightly in 2023, with 10,917 new homes for sale last year compared to 11,176 in 2022, a 2.3% decrease.
The number of El Paso home sales in 2023 lagged behind those in 2022: 7,981 compared to 9,330, a 14.4% decrease.
Statewide, the Texas Real Estate Research Center recorded 327,921 home sales in 2023, down 11% from 2022.
The median sales price for an El Paso home was $236,635 in 2022 and $253,686 in 2023. That’s below the median price in the state, which was $340,000 in 2022 and $335,100 in 2023.
This fact brief is responsive to conversations such as this one.
Sources
Greater El Paso Association of Realtors Monthly El Paso Homes Data Jan 2021 to Dec 2023 (Compiled by El Paso Matters)
Texas Real Estate Research Center Housing Activity for Texas
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