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The Bill Lanier Team
60+ years of Midland Real Estate experience
"Where Trust and Our Experience Matter" 
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 Midland Real Estate Trends 
October 2018

 
The Midland market continued to reflect incredible results this past month recording the second highest historical average monthly sales price with $348,255 up 17.8% over August average sales price.  Year to date the market is up 8.8% over 2017 with an average sales price of $322,879.  The Lanier Team's average sales price for September was an amazing $446,958 or 28.3% above the market average. Since 2010 the average sales price for Midland has increased a spectacular 63%, from just under $200,000 to nearly $323,000. 
 
Homes available for sale is up 6.6% over last month to 404. Interest rates have increased to nearly 5% with the possibility of them moving higher.  If you're a buyer or a seller now appears to be the time to act by contacting the professional experts with the Lanier Team to handle your needs.

The Lanier Team is pleased to provide this information as a courtesy to our clients and friends.  Always call on us when you need a Realtor.  Our Team is recognized as a national leader in real estate sales with the world's largest real estate company, Keller Williams Realty. 
432-682-1144
Let us help with you next move!  This courtesy moving trailer is available to our current/past clients and non-profit organizations. (Please call 432-682-1144 for more information)
2004 Humble Ave.   $1,495,000 
Alluring home in Charming Old Midland! Stunning custom features from Australian cypress wood floors to hand distressed pine beams & gorgeous built-in wood cabinets in the study and game rooms! Relax in the French country kitchen and magazine worthy den with access to private yard! French brown pavers grace the dining & hutches frame the fireplace with views of a sparkling pool! Four stylish bedrooms each with a walk-in closet complete this masterpiece!
2208 Harvard Ave.  $775,000
Old Midland Beauty! Stone home great for entertaining! Stunning views through a wall of windows draws you to the park-like backyard & sparkling pool! Modern kitchen, large family dining and spacious living, den/game room, 2 guest/in-law plans, large pantry & utility! Sequestered master with a sitting area and beautiful bath, open shower with a soaking tub surrounded by river rock! 2206 Harvard can be purchased too!
3000 Passage Way  $649,500
Build your dream home in north Midland! Country living close to town with pine trees lining the front of the property and only minutes to shopping & restaurants! This property has two water wells that pump 120/80 GPM and a barn (enclosed portion 16X50) with three stalls that could easily be converted to five stalls at the back of the property! Don't miss an opportunity to own this beautiful piece of land!
2109 Evans Lane $499,000
Beautifully designed 4 bedroom/ 3.5 bathroom/3 car garage located on 1.12 acres! Huge open living and kitchen with separate formal dining room. Matching granite countertops, wooden shutters, tall ceilings, and crown moulding throughout. Sizable bedrooms each with a HUGE closet and built-ins! Sequestered master has double doors leading to the patio and a spa-like bath! 3 car garage has a storage and bonus room!
4402 S Co. Rd. 1184    $524,900
Horse Lover's Dream! Beautiful home on over 2 acres with 6 horse stalls,arena and pens. Renovations throughout and a new roof in 2018. Great family home with gourmet kitchen and open floor plan! The large addition has good size bedrooms and a HUGE master wing with a dream closet and spa-like bath! A separate playhouse includes electricity and cable. Huge workshop with RV covered parking! 
3501 Northfield Dr.  $412,500
Well-maintained 4 Bedroom/3 Bath home! Front door opens to separate formal living/dining rooms w/ hardwood floors, then moves into a good-sized living w/ a brick fireplace. Windows look into large, bright, and cozy bonus room. Crown molding and wooden plantation shutters throughout. Kitchen includes good counter space & double ovens. Master suite has double closets and Jack-N-Jill style bathroom.
2804 Garfield St. $399,000
Beautifully remodeled, low maintenance home! Surrounded by a privacy fence and courtyards is a sparkling heated pool! This home is great for entertaining guests or family with impressive vaulted ceilings and new Pella windows that have views of the sparkling heated pool! Gorgeous gourmet kitchen with Wolf gas stove, shiney copper backsplash and extensive granite breakfast bar flows  effortlessly to the living & dining area! Sequestered master suite with his/her vanities, HUGE shower & walk-in closet!
1400 E Co. Rd. 120   $349,000
WOW! Spacious country home on approximately 3 acres! This home has amazing storage throughout! Warm wood beams and built-ins surrounding the fireplace in the den expands to the large kitchen with glass display cabinets (above the breakfast bar) and pantry! Fantastic master suite has his/her separate baths and walk-in closets! Storage shed/workshop and water well makes this home a must see!
2808 Exeter Ave.  $330,000
Lots of character shines in this low maintenance home! Lots of natural light sparkles through the arched doorways to a spacious living with exposed beam ceilings and wetbar! Great kitchen layout with stainless, granite, chalkboard wall and a pop of color for the backsplash! Walk-in closets, HUGE utility room, shop/shed in the serene backyard and walking distance to schools/parks makes this a must see!
4103 Westminister $325,000
Wow! Great curb appeal with a lush landscape and new roof! This charming well maintained home has amazing space! Large living with high ceilings, bright open kitchen with granite, stainless and dual ovens has views of a yard big enough to entertain (with shop/shed)! There is a guest/in-law plan off the kitchen and a sizable master with separate tub, roomy shower and his/her walk-in closets!
2817 W. Shandon Ave.  $299,900
Located in an established neighborhood nestled behind mature trees is a spacious home with sizable backyard! Authentic Saltillo tile and beam ceilings in the family room marry well with modern clean lines and warm chocolate wood floors in the formals! The master suite doesn't disappoint either with a remodeled bath and his/her closets! Charm and style are what sets this home apart!
12601 E. Co. Rd. 135  $299,900
Country living on 8 acres in Greenwood! Approx 2,800 sq ft shop with overhead door, chain hoist, enclosed office with AC and 3 horse stalls! Beautiful, remodeled, all electric home with an open floor plan! Large remodeled kitchen with ample storage/prep space opens to a dining and living area with vaulted ceilings! Home office, sequestered master and large utility room complete this jewel!
3304 Whitney Dr.   $289,900
Amazing space in this centrally located 4 bedrooms home! Large bright formals lead to an updated kitchen with sleek granite, Induction cooktop & black appliances! Roomy den with built-ins, fireplace and views of an enclosed sun room & pool size backyard! Down the hall are 3 spacious bedrooms each with a walk-in closet & large hall bath! Master suite has a roomy bath with a good size walk-in closet!
4501 Fairbanks $269,000 
Remarkable & Move-in Ready! Remodeled throughout in 2010! Light wood laminate floors and soothing interior paint lead you to a spacious open living, and charming kitchen with stainless appliances! 230 sq ft sunroom has a jacuzzi and views of a roomy backyard! Stunning lg master with walk-in closets, jetted tub & his/her vanities! One bedroom currently being used as an office can be converted back to bdrm!
1403 Mogford  $245,000
Charming and beautifully updated! You'll get a fresh new feel entering this cute remodeled home! Lots of natural light shines off the wood laminate floors and provides great views of the spacious backyard! Sparkling kitchen has granite countertops, stainless and lg pantry! Serene master with gorgeous remodeled bath, new windows, 4 year old roof, storage shed, and new water lines complete this gem! 
3311 Camarie Ave.    $225,000
ADORABLE 3 bedroom 2 bathroom home! New interior paint throughout, an updated kitchen, and new carpet in the bedrooms make this place is a gem! Enclosed patio/sunroom with views of the HUGE backyard and mature landscaping, creates a great space for entertaining! Sequestered master with updated shower and his and hers closets. Great location and walking distance to schools and grocery store.
 
4747 Boulder   $219,000
A private treasure of a townhome! With impressive 20' ceilings to flood this open floor plan with natural light, the living spaces are sure to shine! Chic remodeled kitchen has expansive granite, sparkling stainless appliances and tons of storage. Private atrium and spacious patio perfect for indoor/outdoor entertaining! Don't miss the additional storage in the garage and 20'x30' attic space.
3307 Hill Ave.   $120,000
Charming 1950's home! Vinyl siding and rich dark wood floors welcome you into a dining area with views of the front yard! Cozy kitchen has an electric stove, eat-in area and a roomy backyard! Off the dining is a spacious bonus room with a walk-in closet and convenient washer/dryer connections! This little cutie is also close to and  schools, park and easy access to downtown! 
4700 Boulder #1016  $105,000
Move-in Ready! This updated home has dazzling personality! Lots of natural light from the balcony makes this beauty shine! This one has it all! A study with built-ins, wood laminate floors and sparkling kitchen with gorgeous granite, and amazing storage! All that sparkle continues to a spacious bath w/granite! The master suite has a walk-in closet and a convenient closet for stackable washer/dryer!
*** The information above has been obtained from the Permian Basin Board of Realtor's Multiple Listing Service (and other sources) and is deemed accurate but not guaranteed. Permian Basin Board of Realtors MLS Information - Copyright 2011 - All Rights Reserved
Lanier & Co. @ Keller Williams • PO Box 2291 • Midland, TX 79702
http://billlanier.com
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