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Oscar Armendariz's Blog

By Oscar Armendariz | Agent in Lubbock, TX

Lubbock, TX MLS Numbers for 2010

Monthly Market Comparison



Categories

 April 2009

 April 2010

% Change



Total Residential Property Sales

289

321

11.10%



Total Residential Dollar Volume

$39,310,617

$44,003,147

11.90%



Average Single Family Sales Price

$136,023

$137,081

0.80%



Median Single Family Sales Price

$114,500

$115,000

0.40%



Total Active Residential Listings

1,459

1,501

2.90%



Total Pending Residential Sales

286

375

31.10%



Months Inventory*

5.1

5.6

9.80%









*Months inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity.
















Year-to-Date Comparison



Categories

Jan-April 2009

Jan-April 2010

% Change



Total Residential Property Sales

901

949

5.30%



Total Residential Dollar Volume

$118,655,400

$126,950,827

7.00%



Average Single Family Sales Price

$131,693

$134,541

2.20%



Median Single Family Sales Price

$110,000

$111,500

1.40%









Notice on this information: Multiple Listing Service data is reported to the Real Estate Center at Texas A & M and the National Association of REALTORS® on the eighth of each month. Year‐to‐date data may be corrected for information reported after the eighth. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all activity in the real estate market.







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