November 9, 2026 · @springstosold

23 days vs 86 days.

23 days vs 86 days. That’s how long it took to sell a home in El Paso and Teller County in October. Homes priced right from the start sold in 23 days on average. Homes that had to cut their price took 86. And over half of sellers did cut. 55% of the homes that sold in October had at least one price drop first, and the average cut was 6.7% off the original price. This part surprised me. After the price cut, 9 out of 10 of those sellers still sold below asking or paid concessions. The price came down and buyers still asked for more. So if you’re getting ready to sell, price it to what’s actually closing right now, not what your neighbor got in the spring. Price it too high and wait, and the market will price it for you. Want to know what your home would sell for today? Send me a message. Patricia Beck | RE/MAX Properties | @springstosold Based on information from the REALTOR® Services Corp (“RSC”), for the period October 1, 2026 through October 31, 2026. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.