In 2023 Coldwell Banker Heritage Real Estate Services and our partner company Legacy Management Services once again showed that we are the premier providers of Real Estate Services in the El Paso, Texas and Southern New Mexico region. How did we do that? Through you, our great agents and staff.
- In 2023 our rental department assisted 70 families move into the homes we manage.
- Our rental department outpaced the market by leasing homes at an average price of $1,852 which is 10.44% higher than the market average of $1,677.
- In 2023 our staff processed
- 402 Applications and approved 131 of them.
- They accepted 2,562 work orders and closed out 2,348 of them.
- Our staff completed 291 routine property inspections and another 61 move out inspections.
- And on the sales side, in 2023 Coldwell Banker Heritage accepted one hundred and eighty Listings with an average list price of $335,455.
- Comparatively, the MLS average list price in 2023 was $265,080. That means that Coldwell Banker Heritage’s average list price was $70,375 higher or 26.55% higher than the market average.
- In 2023 Coldwell Banker Heritage sold 116 listings with an average selling price of $333,409. Comparatively, the MLS average selling price for 2022 was $260,786. That means that Coldwell Banker Heritage’s average selling price for listings was $72,623 higher than the market average, or 27.85% higher.
- Additionally, our listings sold in a super fast twenty five days on market compared to twenty seven for the MLS average. And while two days doesn’t sound like a lot of time, it is 8% faster. That saved our sellers money on principle, interest, taxes, and insurance.
- In 2023 Coldwell Banker Heritage assisted 80 buyers with their purchases. Our average buyer purchase price was $ 313,068 compared to the average selling price of $260,786 from the MLS. So on average, our buyers purchased properties that were $52,282 or 20.05% higher than the market average.
- Additionally, our listings sold at an average of 99.39% of list price while the market average was 98.38% of list price.
- The overall market was down 14% in 2023 compared to 2022. Our sales were down too. But only 9.3% which means that we performed 33% better than the market.
- Finally, through the combined efforts of Coldwell Banker Heritage Real Estate and Legacy Management Services we continue to prove that we are the Premier Providers of Real Estate Services in the El Paso, Texas and Southern New Mexico region.
