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The Bill Lanier Team
"Where Experience Matters" 
_______________________________________________________________________________________________________
 
 Midland Real Estate Trends 
August 2019

 
The Midland market continues to roll record after record.  The average sales price hit $368,426 last month which, once again, marked the highest monthly value in history.  There were 259 homes sold up 17.7% over the prior month.  The number of homes for sale increased to 547 with the largest increases in the $250,000 to $400,000 ranges, which is in the primary buyer price ranges.  From August 2018 to August 2019 there was a remarkable increase in average sales price of nearly 25% from $295,569 to $368,426. The Midland market has been amazingly good and ranks among the best in the country.
 
Interest rates have continued to fall and are now 3.625%. These extremely low rates and the increased homes available for sale make it an ideal time for buyers.  Call your Lanier Team agent now. 

Lanier has been a prominent and trusted name in Midland's market since 1969.  You can place your home needs and confidence in the experienced expertise of The Lanier Team when selecting a Realtor.  Our Team is recognized as a local and national leader in sales by the world's largest real estate company, Keller Williams. 

 
We are pleased to provide this information for our friends and clients. Feel free to share this with anyone who might have an interest or need of real estate services.
Our new home!
4920 N. Midkiff Rd
2004 Humble   $1,495,000
 
Gorgeous Old Midland charmer! Breathtaking custom features such as Australian cypress wood floors, hand distressed pine beams, grand wood cabinets in the game room, antique crystal doorknobs, French brown pavers gracing the floors from dining to French country kitchen with amazing prep space/storage and sparkling retiled pool! These are just a few surprising treasures throughout this masterpiece!
1201 S. Midland Dr.  $1,300,000
 
Looking for a thriving business to own? Town and Country Ultra Wash is looking for a new owner! Very well-maintained business offers wash and fold service with a 2013 Ford delivery van, Culligan water softeners and Dexter equipment. Oilfield laundry welcome! There are 45 washers (greasers for special work clothes), 54 dryers, folding tables in this well-lit building with plenty of parking!
4303 E. County Road 60  $675,000
 
Country living minutes from town! Stunning 4,400+ sq. ft. open floor plan on 2+ acres perfect for entertaining! Gourmet kitchen with detailed cabinetry, built-in hutches and miles of granite! In-law plan/game room and delightfully large master each with a HUGE walk-in closet! Custom features throughout this beauty include trey ceilings, solar powered attic fans, 3 water heaters and 2 water wells!
902 Sorrel Lane East $649,000
 
Breathtaking 2-story with a pool in gated Saddle Club South! Must see masterpiece with custom steel/mahogany staircase, elevator, soundproof beveled glass door, cork floor, patio misters, tankless water heater with recirculating pump, 3 A/C/Heat units for main house, etc.! Detached office/guest quarters has extensive built-ins, A/C and a full bath! 2,600+ sq. ft. workshop with a 40 ft. RV garage & AMAZING storage throughout!
4204 Edgebrook $525,000
 
Don't miss this one! Breathtaking rays of sunshine light up this beauty! Open, casual living with office/playroom/5th bedroom off the den and sparkling black granite in a kitchen with abundant storage! Master retreat is spacious with large bath, separate shower, soaking tub and HUGE wrap-around closet! Fantastic backyard with blossoming garden with fruit trees and blackberries scattered throughout!
1301 Daventry $475,000
 
Gorgeous custom Gilbert Bates home! Park-like landscape (for West TX climate) surrounds this well-maintained beauty! Attention to detail is impeccable! Professionally designed kitchen with miles of granite, sparkling stainless and a HUGE formal dining! Spacious rooms, heated/cooled enclosed patio, in-law plan, walk-in closets & plantation shutters are just a few of the treasures you will find!
5111 Trenwood $415,000
 
Beautifully landscaped, old-midland feel home, perfect for entertaining inside and out! Gorgeous living space with hardwood floors, wood burning fireplace and built-in bookshelves. Sequestered master suite and spacious bedrooms with walk-in closets throughout. Wired for surround-sound inside and outside. Charming, covered and open back patio with views of the mature landscape and huge backyard.
13 Santa Ellena $399,900
 
Stunning home in Mission Estates with easy access to golf course! Coffered ceilings, textured walls and spacious rooms! Great floor plan for entertaining inside/out! Gourmet kitchen with AMAZING storage, large walk-in pantry, and a classic formal dining! Sequestered master with beautiful vaulted ceilings, spa like bath; his/her vanities & walk-in closets! Serene backyard with covered/open patio!
6908 Leatherwood $375,000
 
Absolutely breathtaking! 4bed/3bath home with an exceptional open floor plan and amazing walk-in closets! Gourmet kitchen sparkles with miles of granite, large island and stainless! Sequestered master retreat with enough room for a sitting area, spa-like bath with separate vanities and an incredible dream closet! In-law plan/4th bedroom, Xeriscaped front yard and a blank canvas for the backyard!
901 Douglas  $360,000
 
WOW! Spacious "Old Midland" home with in-law plan and workshop! Large in-law plan with a big living, fireplace, full kitchen and walk-in closet! This charmer has a great flow for entertaining with a big living area, park-like views of the backyard and extensive granite in an updated kitchen! Impressive updated master bath, sunroom, walk-in closets throughout and walking distance to the duck pond!
2211 Western $359,900
 
Low maintenance with amazing space! Lots of natural light shines off the pristine porcelain tile and ceiling fans throughout! Kitchen remodeled in 2014 with top grade cabinets, soft close drawers, granite and Kitchen-Aid convection stove top and microwave! Sequestered master has a remodeled spa-like bath (2017)! Large open patio for great for entertaining and walk-in closets complete this gem! 
4305 Lehigh $359,500
 
WOW! Bigger than it looks! Entertain with ease from the bright living wired for sound system that continues to a large patio! Seamless flow from the galley-style kitchen to 2 dining is ideal for dinner parties! Master retreat is just as inviting with a HUGE walk-in closet and bright spacious bath! Impressive walk-in closets, workbench area and bonus/4th bedroom upstairs make this one a must see!
2825 Auburn $359,500
 
WOW! Bigger than it looks with beautiful updates & bonus/office with a half bath! Large remodeled kitchen with custom cabinetry, stainless appliances, Corian counter tops and a breakfast nook with more built-in storage! Den has wood laminate floors, corner fireplace and views of manageable backyard! Remodeled baths, walk-in closets, shop/shed, storm shelter & carport complete this must-see beauty!
2600 W. Shandon Ave.  $350,000
 
Charming and centrally located, situated behind a beautiful shade tree! Lots of natural light flows throughout this home with two gas water heaters! Built-in shelving and a gas log fireplace in the den overlook the extensive backyard and covered patio. Vast living areas and an open kitchen with abundant storage. Spacious bedrooms and a huge master bedroom with built-ins in the walk-in closet.
2213 Cimmaron Ave. $300,000
 
Beautiful curb appeal and centrally located! This home features a low-maintenance front yard and a park-like backyard with a swimming pool! Perfect for entertaining, the spacious backyard is divided between the yard and pool and has a gated, covered patio! New roof (2019) and interior/exterior paint (2019) and beautiful, stained concrete floors throughout. Insulated and climate-controlled workshop!
3529 Boyd $299,000
 
Lovely, low-maintenance townhome! Soaring ceiling and skylights in the living area bring lots of natural light throughout this home. Spacious kitchen with abundant storage! Second floor loft is perfect for a hobby room/game room, with even more great built-in storage. Master suite w/ a huge walk-in closet and accessible bathroom/shower. Enjoy a relaxing evening on the private, covered patio.
3701 Neely $259,900
 
Must see! Remodeled throughout 2019 with a HUGE backyard! Bright open concept with wood laminate that grace the floors in the large living area! Bright crisp clean kitchen with new countertops, gas stove and microwave! Breakfast bar and informal dining that could be an office/play area! New roof, remodeled roomy hall bath, new carpet, interior paint, floors, fence, garage door and R/O system!
4706 Bedford Ave. $225,000
 
Beautiful curb appeal and great landscaped home with covered/open patios, perfect for entertaining or enjoying a nice morning cup of coffee! Great flow throughout the kitchen, and open dining and living room with a great, wood-burning corner fireplace. HUGE enclosed garage ideal for an office/den/man cave/or game room! Spacious backyard w/ abundant storage in the three storage sheds! New roof 2019!
4724A Harvard $225,000
 
Spacious low-maintenance duplex! Great flow from dining to a crisp white kitchen with breakfast bar great for entertaining! Corner fireplace is the centerpiece of a large living and views of the manageable backyard great for barbeques! 2 spacious sequestered bedrooms each with a walk-in closet; one with an en-suite bath! Convenient utility room and hall bath with beautiful shower complete this gem!
2004 Keith $175,000
 
Charming home with a large porch for enjoying the West Texas sunsets! Open the beautiful red door, take off your shoes and feel the new plush carpet in the spacious living with fireplace! You will notice the cool breeze from the new HVAC system as you travel through the home to the bright dining and spacious updated kitchen! 3 bright bedrooms with new carpet & 2 updated baths complete this cutie!
3202 Princeton $165,500
 
Must see! Centrally located on a large lot is a cutie with lots of possibilities! Bright open den with pine accents, built-in curio cabinets, brick fireplace and extensive bookshelves gives this one a cabin feel! Crips white kitchen has ample storage and tons of counter space! Large backyard with mature landscape, sprinkler system, water well, newer water heater (2017) and Vivant thermostat! 
600 Liddon Ave. #80    $135,000
 
WOW! Bigger than it looks! Wood-burning fireplace is the centerpiece of this large open living and dining! Dove gray floors lead to the charming kitchen with plenty of storage! Bonus rm with wet bar is perfect for entertaining or game/movie room! 2 spacious bedrooms with walk-in closets and a HUGE hall bath! Low maintenance, corner townhouse with 1 covered/1 uncovered parking & all utilities paid!
Download The Bill Lanier Team KW Realty App and have full access to local and global home searches!  
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)
*** 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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