Lubbock County Market Stats

Lubbock County Residential Market Report (4/1/23-4/16/23)

Are you curious about the current state of the real estate market in Lubbock, Texas? Check out the charts below to explore some key real estate statistics that will provide insight into the current market conditions. From median home prices to inventory levels and days on market, we'll take a look at the data to help you understand what's happening in the Lubbock real estate market. Whether you're a prospective buyer, seller, or just interested in local real estate trends, this post will provide you with valuable information to help you make informed decisions. So let's dive in and explore the numbers!

The real estate market has experienced a slowdown in April due to a couple of factors. Firstly, tax assessments in some areas have been deemed too high, leading to protests from residents who feel that they are being unfairly charged. This has resulted in some people holding off on purchasing or selling their homes until the issue is resolved.This is VERY EASY to do! If you feel your home appraisal came in too high and want to know how to protest them I will be happy to walk you through it. Additionally, the end of tax breaks related to the pandemic has meant that people are paying more in taxes in general, which can impact their ability to purchase or maintain a home. As a result, the market has seen a dip in activity as people take a more cautious approach to real estate decisions.

If you're considering buying or selling a home in Lubbock, Texas, it's important to stay informed about the local real estate market. While the market may be experiencing a slowdown in April due to tax assessments and other factors, it's important to remember that real estate is cyclical and can change quickly. If you're looking for more information about how your home would perform in this market, I can provide you with a property report and a neighborhood report. These reports will give you a more detailed look at recent sales, inventory levels, and other key factors that can impact your real estate decisions.

Give me a call at (806)577-6947 or send me an email at [email protected] with your address and information & I will send you a copy of your neighborhood report for free!