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Lubbock Real Estate Market Report - 3rd Quarter of 2023
Median price = $240,000
-1.8%
from 3rd 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 +
4.7%
28.8%
34.0%
15.0%
9.0%
6.0%
1.5%
1.1%
# of Active Listings
+48.3%
from 3rd Quarter 2022
# of Closed Sales
-7.8%
from 3rd Quarter 2022
Days on Market
Days to Close
Total
33
32
65
Average Days on Market
+10 Days
from 3rd Quarter 2022
Total Months of Inventory
3.5
Compared to 2.1 in 3rd Quarter 2022
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