MIDLAND CITY/COUNTY HOUSING OVERVIEW
Midland Texas, population approx 100,000. Currently a "seller's market", demand exceeds supply, housing prices have increased approx 20-30% from 2 years ago.
HOMES FOR SALE: Currently 364 residences for sale.
- 1-2 bdr - 17 available, prices range from $30,000 - $225,000. Avg $106,000. Avg DOM 28
- 3-4 bdr - 330 available, prices range from $25,000 - $975,000. Avg $223,000. Avg DOM 47
- 5+ bdr - 17 available, prices range from $209,900 - $1,250,000. Avg $483,000. Avg DOM 57
- TH's/Condos - 19 available, prices range from $128,900 - $428,000. Avg $239,000. Avg DOM 46
- Suburban/Country - 30 available, prices range from $79,900 - $975,000. Avg $295,000. Avg DOM 81
- New Construction - 62 available, price range from $128,000 - $489,000. Avg $264,000. Avg DOM 66
- S/F Home Lots - 34 available, prices range from $8,000 - $299,000. Avg $46,600. Avg DOM 192
Currently there are 222 residential properties under contract/sale pending. Avg $206,000. Avg DOM 38.
2007 HOMES SOLD & CLOSED:
- 1,116 residences sold to date, prices range from $18,000 - $1,162,000. Avg $180,000. Avg DOM 42
HOMES FOR RENT:
- 1-3 bdr, 9 properties available, $550-2500 mo rent, avg $1250 month. Avg DOM 17.
**Data from Permain Basin Board of Realtors/Navica MLS Quik Stats. This information includes Condos, Townhomes, and other S/F residences in Midland ISD and Greenwood ISD. AUG 2007
Visit my website for more information on Midland Tx & surrounding communities, free MLS search, free job search, buyer & seller information, local lenders, and featured homes for sale. http://midlandgreenwoodhomes.com
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