Las Palmas is a smaller-than-average neighborhood in El Paso with a population of 1,685 residents. Also, it has a higher than average density with 7,411.7 people per square mile. Keep in mind, most people in Las Palmas own their homes, with a 67.0% ownership ratio. Heading the list of top schools in the neighborhood is Silva Health Magnet.
Comments:

$270K  
The number of sellers who put their homes up for sale in the Las Palmas market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in Las Palmas did not budge this week, remaining at $139,000.
Comments:

$139K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the Las Palmas market continued, with two listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price of all transactions in Las Palmas did not budge this week, remaining at $139,000. Las Palmas is a strong buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$270K  
With one home sold in the Las Palmas market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with three new listings for buyers to choose from. The median sales price continued to rise, trending upwards for four weeks to reach $152,000. Las Palmas is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$270K  
The Las Palmas market extended a three-week hot streak this week, even as sales fell to one home 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 went up in Las Palmas, with the median for this period rising from $130,950 to $152,000. Las Palmas is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

The population of Las Palmas is very affluent compared to others in El Paso with a median income of $59,203 per household. It's also considered an expensive neighborhood in terms of affordability with a cost of living adjustment score of 87.3. Las Palmas is made up of homes that are considered relatively old with a median of 28 years. Heading the list of top schools in the neighborhood is Silva Health Magnet.
Comments:

$148K  
With two homes sold in the Las Palmas market over the last 30 days, we see no change from last week's numbers. However, three new listings came into the market. The median sales price of all transactions in Las Palmas did not budge this week, remaining at $130,950. There are only three months of inventory available in Las Palmas, so it's a seller's market, even if sales are flat.
Comments:

$165K  
The Las Palmas market will be less intense in the coming weeks. Sales rose this week to two homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with two going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Las Palmas, with the median for this period rising from $109,900 to $130,950. The rising sales and a low three months of inventory point to Las Palmas being a seller's market.
Comments:

$165K  
Over the past 30 days, there have been fewer price cuts in the Las Palmas market, continuing a three-week declining trend to land at one. However, home sales remained flat with one over the same period. The median sales price remained unchanged over the latest reporting period for Las Palmas, coming in at $109,900. Las Palmas is a solid buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$165K  
There was one home sale in the Las Palmas market over the last 30 days. Within the same time frame, the Las Tierras neighborhood had 28 sales, the most of all neighborhoods in the area.
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Snapped 1 home in this area
Snapped 1 home in this area

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