Lubbock Recent Market Activity
Average Sold per Sq.ft so far in December - $109
Average For Sale Price in December - $330,000
Average Sold Price in November - $238,000
Home inventory is up 7% from this time last month
(currently 1.5 months of inventory)
Average days on market from "For Sale" to "Closed" - 61
Keenon's Summary Of The Market
If you're on the fence about buying or selling I want to encourage you to make the move. Inventory is still low, so Seller's still have sale power. On the other hand, interest rates are projected to increase in 2022, so I encourage all my buyers to lock in the rates while they're competitive.
