$259K  
The number of home sales in the Las Palmas market rose 50.0% to three homes over the last 30 days. To put it in perspective, the close-by Las Tierras neighborhood registered 20 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price climbed to $135,950, up from last week's $126,991. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Las Palmas is a solid seller's market.
Comments:

$259K  
The Las Palmas market pulled back this week but was still better than normal as sales dropped 33.3% to two homes sold over the last 30 days. Meanwhile, the Las Tierras neighborhood reported 20 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that there are now four months of inventory available in Las Palmas and prices have come down. The median sales price dropped to $126,991.
Comments:

$270K  
The Las Palmas market will be heating up, as not only have sales risen this week to three homes sold over the last 30 days, but there is an identifiable upward trend of new listings, with one going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $143,732, down from last week's $144,316. With only two months of inventory and rising sales, Las Palmas is a strong seller's market.
Comments:

Las Palmas is a smaller-than-average neighborhood in El Paso with a population of 1,685 residents, and it has a higher than average density compared to the rest of the city, with 7,411.7 people per square mile. It should be noted that at 67.0%, most people own their homes in Las Palmas. The best school in the neighborhood is Silva Health Magnet.
Comments:

$270K  
The Las Palmas market got good news this week as sales rose 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the Las Tierras neighborhood reported 29 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Las Palmas, and for this period the median sales price slid from $144,900 to $144,316. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Las Palmas is a seller's market.
Comments:

$270K  
In this week's report, the number of homes sold in the Las Palmas market slid to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. On the other hand, the close-by Las Tierras neighborhood registered 30 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price continued to rise, trending upwards for four weeks to reach $144,900.
Comments:

$270K  
The Las Palmas market saw two homes go under contract, and failed to break out of an emerging downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. The median sales price dropped to $149,950 over the latest reporting period for Las Palmas, down from $175,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Las Palmas is a still definite seller's market.
Comments:

$270K  
The Las Palmas market extended a three-week hot streak this week, even as sales fell to two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in Las Palmas, and for this period the median sales price slid from $179,000 to $175,000. In spite of the decrease in sales, a low two months of inventory signals that Las Palmas is a definite seller's market.
Comments:

$134K  
The number of homes coming into the Las Palmas market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price in Las Palmas stayed put this week at $195,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that Las Palmas is a definite seller's market.
Comments:

Las Palmas is a neighborhood in El Paso. It's very affluent and the cost of living is expensive compared to the rest of the city, with a median income of $59,203 per household and cost of living adjustment score of 87.3. Homes in Las Palmas are relatively old with a median age of 28 years. The best school in the neighborhood is Silva Health Magnet.
Comments:
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