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Lubbock Real Estate Market Report - 2nd Quarter of 2023
Median price = $247,590
+2.3%
from 2nd 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 +
4.4%
26.3%
35.1%
17.7%
8.8%
6.0%
1.1%
0.7%
# of Active Listings
+67.2%
from 2nd Quarter 2022
# of Closed Sales
+2.00%
from 2nd Quarter 2022
Days on Market
Days to Close
Total
37
32
69
Average Days on Market
+13 Days
from 2nd Quarter 2022
Total Months of Inventory
2.9
Compared to 1.5 in 2nd Quarter 2022
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