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Listed below you will see our featured properties available for sale. These are homes that we currently represent at Legacy Real Estate Services. Please keep in mind homes under contract or recently sold are not displayed. If you are curious about any of the properties below or would like a personal tour, please contact us today. We’d love to share the features that make these homes noteworthy. If you would like to see YOUR home listed below, please give us a call at 915-494-0949 to receive a personal in-home consultation or click here to get your FREE home market analysis.

What Does 2021 Have in Store for Home Values?

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained:

“Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and coronavirus (COVID-19) outbreaks continued across the country, which delayed some sellers from putting their homes on the market.

While the pandemic left many in positions of financial insecurity, those who maintained employment and income stability are also incentivized to buy given the record-low mortgage rates available; this is increasing buyer demand while for-sale inventory is in short supply.”

Where will home values go in 2021?

Home price appreciation in 2021 will continue to be determined by this imbalance of supply and demand. If supply remains low and demand is high, prices will continue to increase.

Housing Supply

According to the National Association of Realtors (NAR), the current number of single-family homes for sale is 1,080,000. At the same time last year, that number stood at 1,450,000. We are entering 2021 with approximately 370,000 fewer homes for sale than there were one year ago.

However, there is some speculation that the inventory crush will ease somewhat as we move through the new year for two reasons:

1. As the health crisis eases, more homeowners will be comfortable putting their houses on the market.

2. Some households impacted financially by the pandemic will be forced to sell.

Housing Demand

Low mortgage rates have driven buyer demand over the last twelve months. According to Freddie Mac, rates stood at 3.72% at the beginning of 2020. Today, we’re starting 2021 with rates one full percentage point lower than that. Low rates create a great opportunity for homebuyers, which is one reason why demand is expected to remain high throughout the new year.

Taking into consideration these projections on housing supply and demand, real estate analysts forecast homes will continue to appreciate in 2021, but that appreciation may be at a steadier pace than last year. Here are their forecasts:

Bottom Line

There’s still a very limited number of homes for sale for the great number of purchasers looking to buy them. As a result, the concept of “supply and demand” mandates that home values in the country will continue to appreciate.

Why Selling Your House on Your Own Is a Mistake (video)

Our Featured Properties

4253 Tarek Lane, El Paso $325,000

COMING SOON! Beautiful home with amazing views in West El Paso. As you enter the home to your left is the living room, walk through to find the gorgeous kitchen where you...

4 Beds
3 Baths
2,785 SqFt.
2011 Year Built
79912 Zip Code
845319 MLS
ACTIVE Status

12716 Tierra Lily Court, El Paso $299,000

Its Big and its Beautiful! On a Cul de Sac! 3 Living areas, 2 dining areas, 3 spacious bedrooms, living area, 2 Baths upstairs. Walk in closets. All Tile roof. Huge Ma...

4 Beds
4 Baths
3,387 SqFt.
2008 Year Built
79936 Zip Code
845620 MLS
ACTIVE Status

10285 Cermac Street, El Paso $117,000

Super cute home in Northeast. Over 10,000 corner square foot lot with mountain views, backyard access to make your dreams come true for storage, gardens or a workshop. ...

3 Beds
1 Baths
984 SqFt.
1960 Year Built
79924 Zip Code
845293 MLS
ACTIVE Status

0001 Macarena Tract B-4 Avenue, Anthony image

0001 Macarena Tract B-4 Avenue, Anthony $139,500

7.43 Acres of land for sale Zoned Residential. Tract B-4 on Macarena Avenue. Horses allowed. Covenants do not allow mobile homes. Threemore lots for sale each is 7.4 Acre...

0 Baths
1 Year Built
88021 Zip Code
845187 MLS
ACTIVE Status

0001 Cristo Vista Tract B-2 Avenue, Anthony image

0001 Cristo Vista Tract B-2 Avenue, Anthony $139,500

7.456 Acres of land for sale Zoned Residential. Tract B-2 Off Cristo Vista Avenue. Horses allowed. Covenants do not allow mobile homes.Three more lots available for sale ...

0 Baths
1 Year Built
88021 Zip Code
845185 MLS
ACTIVE Status

258 Mountain Vista Tract B-1 Road, Anthony image

258 Mountain Vista Tract B-1 Road, Anthony $139,500

7.45 Acres of land for sale Zoned Residential. Tract B-1. Corner of Cristo Vista Avenue and Mountain Vista Road. Horses allowed. Covenantsdo not allow mobile homes. Three...

0 Baths
2000 Year Built
88021 Zip Code
845154 MLS
ACTIVE Status

211 Wenda Way, El Paso $350,000

This beautiful Santa Fe style ranch home, located in Rosedale Farms & built in 1935, sits on .7 acres with irrigation water rights. The primary home boasts 4,674 square f...

4 Beds
3 Baths
4,674 SqFt.
1935 Year Built
79915 Zip Code
845139 MLS
ACTIVE Status

1409 John Phelan Drive, El Paso $169,950

Well cared for 2 story home in the heart of the Eastside! Minutes away from great schools, shopping, entertainment and retail. This 4 bedroom 2 bath home is ready for its...

4 Beds
2 Baths
1,577 SqFt.
1999 Year Built
79936 Zip Code
844992 MLS
PENDING ACCEPTING OFFERS Status

1516 Deer Ridge Lane, El Paso $250,000

You must see this beautiful 3 bedroom, 2.5 bathroom, plus loft home in the Franklin Hills subdivision! High ceilings and spacious livings are justa few of the many featur...

3 Beds
3 Baths
2,026 SqFt.
2003 Year Built
79912 Zip Code
844570 MLS
PENDING ACCEPTING OFFERS Status

14219 English Point Avenue, El Paso image

14219 English Point Avenue, El Paso $170,000

Welcome to this beautiful single level BIC resale home. This is a perfect starter home for the growing family, feeding into one of the best school districts in the city! ...

4 Beds
2 Baths
1,351 SqFt.
2012 Year Built
79938 Zip Code
844778 MLS
PENDING ACCEPTING OFFERS Status

1076 Los Jardines Circle, El Paso $410,000

Beautiful and remodeled home with a wonderful view.. Very bright and airy with custom shutters and open floor plan. Granite countertops in kitchen and baths with beauti...

3 Beds
3 Baths
2,425 SqFt.
1985 Year Built
79912 Zip Code
844567 MLS
PENDING ACCEPTING OFFERS Status

6268 Franklin Hawk Avenue, El Paso image

6268 Franklin Hawk Avenue, El Paso $795,000

Situated in a quiet cul-de-sac on one of Franklin Hills most prominent streets is this stunning, custom built home. Enter thru a gorgeous iron gate while passing a 1 bedr...

5 Beds
5 Baths
5,089 SqFt.
2006 Year Built
79912 Zip Code
844126 MLS
ACTIVE Status

10 Bronze Crest Lane, El Paso $610,000

Gorgeous views, this 4bdrm and office or studio plus additional sleeping quarters with kitchen. separate down stairs. Views in every area of the gathering rooms. Private...

5 Beds
5 Baths
5,544 SqFt.
1992 Year Built
79902 Zip Code
844194 MLS
ACTIVE Status

TBD Shifrin Avenue, El Paso $25,000

Take advantage of the is acre lot close to the main Hueco Mountain park street and Montana. Nice mountain views.

79938 Zip Code
843912 MLS
ACTIVE Status

5804 Teresa Del Mar, El Paso $302,000 ▼

Beautiful home located in a gated community. Master suite downstairs and another master suite upstairs with a balcony and another large bedroom with a balcony. Gorgeous...

3 Beds
4 Baths
2,377 SqFt.
2006 Year Built
79912 Zip Code
843409 MLS
PENDING ACCEPTING OFFERS Status

553 Royal Willow Way, El Paso $379,900 ▼

Beautiful home! This is a solar powered home so it will save you money on your electric bill (solar panels included in list price)! As you enter you are greeted by the sp...

4 Beds
3 Baths
3,059 SqFt.
1999 Year Built
79922 Zip Code
843260 MLS
ACTIVE Status

11425 Menlo Avenue, El Paso $295,000 ▲

Beautiful Brick Beauty! 4 bedrooms, 2.5 BathsWide open spaces with 2 living areas and 2 eating areas. All rooms hard wired for internet accessibility. Nuvo sound system g...

4 Beds
3 Baths
2,488 SqFt.
2005 Year Built
79936 Zip Code
843135 MLS
PENDING ACCEPTING OFFERS Status

4600 Loma De Plata Drive, El Paso $159,900

Welcome to North Hills! This home sits in a very desirable community with access to great schools, shopping, entertainment and just 15 minutes away from Ft Bliss. This ho...

3 Beds
2 Baths
1,434 SqFt.
1993 Year Built
79934 Zip Code
842340 MLS
PENDING ACCEPTING OFFERS Status

14569 Desierto Lindo Avenue, Horizon City image

14569 Desierto Lindo Avenue, Horizon City $145,000 ▲

Fantastic four bedroom home in the Rancho Desierto Bello subdivision. As soon as you pull up to the home you will love the well maintained, low maintenance front yard. Up...