General Real Info May 24, 2023

Lubbock Housing Report 2023 Q1

2023Q1_8120_Lubbock_MetropolitanStatisticalArea

With record sales prices last year, it’s easy to think prices are coming down.  In reality prices are not rising as quickly as they were this time last year and inventory is up from a dangerously low number.  Notice the Months of Inventory?  I know, perception says it’s a buyers market, but the data says it’s still a sellers market approaching a balanced market.  Questions??  Call me!! 806-790-4708  Jacky Howard