Below are the Market Statistics for Lubbock TX Real Estate for September 2011. Homes under $50,000 saw an increase in sales and less market time. Homes from $50,001 through $299,999 saw an increase of market time from about 3 months to an average of 6 months. Homes from $300,000 to $500,000 saw a dramatic increase in market time from 7 months average to an averge of 10 months. Homes above $500,000 stayed virtually unchanged with average market times of 15-18 months.
The amount of homes for sale also remained relatively unchanged with 1750 homes on the market. So Lubbock Tx real estate is still very strong for buyers but sellers are not in a bad position either in most price ranges.