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Lubbock Real Estate Market Report - 1st Quarter of 2023
Median price = $238,125
+0.8%
from 1st Quarter 2022
Distribution of Home Prices
0-99,000
100,000-199,999
200,000-299,999
300,000-399,999
400,000-499,999
500,000-749,999
750,000-999,999
1,000,000 +
6.9%
26.5%
36.8%
15.7%
6.0%
5.7%
1.1%
1.2%
# of Active Listings
+172.3%
from 1st Quarter 2022
# of Closed Sales
+12.8%
from 1st Quarter 2022
Days on Market
Days to Close
Total
41
29
70
Average Days on Market
+4 Days
from 1st Quarter 2022
Total Months of Inventory
2.5
Compared to 0.8 in 1st Quarter 2022
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