Here are some recent statistics about homes for sale in Lubbock!
The home price category that shows homes selling for the highest list to sales price ratio is the $100,000 - $149,000 range. In that price range there are 415 homes on the market - great selection! So far in 2011, 115 homes have sold in this price range.
Below is a very cute newer home in South Lubbock that is available now, priced at $116,900.00. The home has 1420 square feet and is a 3/2/2!
Lubbock's market in most price ranges appears to be a buyer's market. This means that seller's may need to lower their prices or make some concessions. Buyers may be in the drivers seat for now but many home owners will decide to just keep their home rather than sell at a ridiculous price. So buyers need to have a Realtor who can guide them when it comes to offers and negotiations. I can help you with that.
Sellers whose homes are in the $300,000 - $399,999 price range may be making some serious concessions. Statistics indicate there are 69 homes for sale in this price range and that at the current rate, it would take 22 months to sell them all - we call that a 22 month inventory. If you are shopping in this price range you and your Realtor may be able to get you a wonderful home at a super price.
This gorgeous new townhouse is located in Central Lubbock and priced at $319,000.00. The home has 2351 sq ft and is a 3/2.5/2. Very convenient to TTU, TTUHSC, and Lubbock's Covenant hospitals!
If you are thinking of buying a home in Lubbock, don't wait. Call me today and I can set you up to receive listings that match your needs and wants through your email. marybenton@kw.com. (806) 790-1026
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