Home prices increased at healthy rates in El Paso and many other metro
areas in the first quarter, a new report shows.
El Paso's median, or market midpoint, price for used, or resale, single-family homes increased 5 percent in the January-March quarter compared with a year ago, the National Association of Realtors reported.
El Paso's median resale price was $138,600 -- up $6,600 from the first quarter in 2012.
El Paso's price increase was below the national increase of 11.3 percent -- the strongest national annual increase in almost eight years -- the National Association of Realtors reported.
Median home prices rose in 133 of 150 surveyed metro areas, the association reported.
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