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

 
The Midland market while slowing somewhat has moved into a more normal position and direction.  The average sales price for the month was $320,784 down from the prior month's $351,539.  The average sales price year-to-date is an outstanding $346,192 up more than 7% over 2018's $322,879 for the same period.  The number of homes for sale is now at a very healthy 632. The average time on the market remains an extremely low 30 days for October. The $200,000 to $600,000 price range has been under supplied for many months but now offers a better selection of homes from which discriminating home buyers can  select.  This improved inventory of homes coupled with continued low interest rates of 3.75% make this an ideal time to contact your expert Lanier Team agent to locate a new home.

Lanier has been a prominent and trusted name in the Midland market since 1969.  You can place your home needs and confidence in the expertise of the highly experienced Lanier Team when selecting a Realtor.  Trust the Lanier Team where experience matters.  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 our newsletter and name with anyone who might have an interest or need of real estate services.
Our new home!
4920 N. Midkiff Rd
Time change is November 3, 2019. Enjoy your extra hour of sleep!
3915 Fairwood    $725,000
 
Beautifully landscaped home in Mockingbird Heights! Stunning backyard oasis, perfect for entertaining with a pool, outdoor kitchen and pool house with a  full bath! This spacious home features a library, office and media room! Sparkling kitchen with new granite countertops. Master suite with fireplace and updated master bathroom with walk-thru shower, granite countertops and separate walk-in closets.
 
4303 E. Co. Rd. 60      $625,000
 
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!
 
1109 Breckenridge   $599,500
 
Home sweet home! Charming home in Woodland Park with a pool! Spacious and open living, dining and kitchen shines with natural light and overlooks the covered patio and huge pool with electric pool cover. Sequestered master bedroom with vaulted ceiling and spa-like master bath with separate walk-in closets with built-ins. Neighborhood pool, park and pond are walking distance from the front door!
 
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!
 
1105 E. CO. RD. 129   $475,000
 
Gorgeous, country-living gem on 1.22 acres! Custom spiral columns and grand double doors welcome you into this open plan, perfect for entertaining! Spacious living, dining and kitchen with soaring ceilings, lots of natural light, and custom light fixtures! Sequestered master suite with fireplace and spa-like master bathroom. Walk-in closets throughout. HUGE backyard with room for a shop and pool!
 
1301 Daventry     $425,000
 
 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!
 
4305 Lehigh    $349,900
 
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!
 
1009 Griffith Ct.  $325,000
 
Enchanting move-in ready 4 bdrm! Mocha wood laminate floors & soaring high ceilings framed by wide crown molding invites you in! Charming style continues to the master with two walk-in closets and a bedroom that sparkles like fairy dust! Create great holiday meals in the kitchen with extensive granite & cocoa colored cabinets! Sizable yard with a pergola and garage that fits lg SUV complete this masterpiece!
 
2600 W. Shandon   $325,000
 
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.
 
4706 B Dentcrest  $225,000
 
 Beautiful move-in ready duplex! This 2-bedroom beauty is freshly painted (2019) with new carpet (2019) and has an open floor plan! French doors open to a fantastic bonus room that could be an office/playroom and lead to a manageable yard! Two spacious sequestered bedrooms each with a walk-in closet and high ceilings! Wired for an alarm system and a new roof (2019) makes this one a must see!
 
1803 W. Michigan    $199,000
 
Charming 2 bedrooms/1 bath/1 car garage close to downtown and the hospital! Open plan with original hardwood floors lots of natural light and a bonus room! Great den/study/playroom with carpet and access to the BIG backyard! Cute kitchen with amazing storage, stainless and an eat-in area! Spacious bright bedrooms that share a large hall bath with dual sinks and more storage!
 
3709 Cedar Spring    $155,000
 
Cute 2 bed/1 bath with a workshop! WOW not only is it cute on the outside the inside is just as impressive! Large open living with 2 dining areas, vaulted ceiling and rays of sunshine bouncing off chocolate wood laminate floors! Spacious kitchen with tons of storage and a large utility room with MORE storage! Insulated workshop, shed, water well, sprinkler system and new roof coming (2019)!
 
35 Estates (Odessa)    $147,500
 
Behind the gates of this upscale community is the perfect place to build your luxury dream home! Deed and building restrictions. City of Odessa water and sewer service. Odessa schools and easy access to Odessa and Midland.
 
2311 A Haynes    $1,800/month
 
For Lease - bright, well-maintained, centrally located townhome! The wood laminate floors throughout give this one lots of character! Crisp white kitchen with amazing storage and a new dishwasher! Each bedroom is sequestered and has a large walk-in closet! One bathroom is has an ensuite bathroom! This townhouse also offers a HUGE walk-in pantry, 2 car carport, 2 storage closets and a private patio!
 
3301 Andrews Hwy          $850,000
5111 Trenwood               $399,900
6908 Leatherwood          $365,000
901 Douglas                    $349,900
913 Ventura                    $339,500
6100 Valley View             $339,500
2213 Cimmaron               $287,500
2508 Fannin                    $279,900
5113 Canadian                $215,000
600 Liddon #80               $125,000
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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