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The Bill Lanier Team
"Where Experience Matters" 
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 Midland Real Estate Trends 
May 2020

 
The Midland market continues to show remarkable stability in all areas as we move forward in our recovery from the virus shutdown. The average home sale was $337,945 only slightly down from the year to date average of $339,204. The year to date average sale is 0.7% higher than the prior year. The average time on the market remains a very good 47 days which is up only 4 days over the prior month. The homes available for sale increased from 732 to 794 with the largest increase being found in the $250,000-300,000 price. The continued low interest rates and our healthy market makes it especially attractive for both buyers and sellers.
 
The Lanier Team has been a trusted and highly successful name in the Midland market since 1969. As a part of the nation's largest real estate company, Keller Williams, we offer an experienced, energetic and knowledgeable group of both buyer and seller agents that is known and respected nationally as well as locally. Our experience and knowledge matters. Bring your home buying or selling needs to us and be confident you will be handled with care.
 
We are pleased to provide this information to our friends and clients. Please feel free to share our newsletter with anyone who may need real estate services.  
 
4225 Tanforan           $1,475,000
 
Tanforan is an elegant home that embodies luxury throughout. Grand entrance, stunning flooring, impressive fireplace and chandelier, gourmet kitchen with Viking appliances, three master suites, high quality media room and solar panels are just a few intriguing features! Each astonishing room has a component of sophistication and style. A home of this substantial quality is a rare find in Midland!
808 Canonero                $875,000
 
In an exclusive gated neighborhood is a luxurious home with a sparkling pool! Breathtaking details sprinkled throughout make this glamorous remodel a must see! Stunning quartz/stone feature wall, soaring ceilings, dazzling wet bar & designer carpet that leads to a game room make it perfect for entertaining inside/out! Huge master retreat with en-suite living & elegant spa-like bath complete this gem!
4303 E. Co. Rd. 60        $599,500
 
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             $599,000
 
Breathtaking 2-story with a pool in gated Saddle Club South! Must see masterpiece with a custom steel/mahogany staircase, elevator, soundproof beveled glass door, cork floor, patio misters, tankless water heater with a recirculating pump, 3 A/C and heating units for the main house, etc.! Detached office/guest quarters with extensive built-ins, A/C & full bath! 2,600+ sq.ft. workshop with a 40ft. RV garage & AMAZING storage throughout!
2815 S. Co. Rd. 1087     $599,000
 
Beautiful new construction in Greenwood! Sitting on 1 acre in Cielo Vista, is a charming farmhouse style home boasts of soaring ceilings, lots of natural light, open plan and gorgeous rustic/modern features sprinkled throughout! Builder thought of everything from a home office with built-ins to a luxurious master suite complete with large walk-thru shower and HUGE master closet! This one is a must see!
2804 S. Co. Rd. 1092     $599,000
 
Beautiful new construction in Greenwood! Sitting on 1 acre in Cielo Vista, is a charming farmhouse style home boasts of soaring ceilings, lots of natural light, open plan and gorgeous rustic/modern features sprinkled throughout! Builder thought of everything from a home office with built-ins to a luxurious master suite complete with large walk-thru shower and HUGE master closet! This is a must see!
1109 Breckenridge        $550,000
 
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!
4553 Shady Oak             $475,000
 
Tucked under a canopy of mature oak trees is a charming Tuscan style home with views of Green Tree Golf Course! Entertaining is easy inside/out considering this beauty has a sparkling pool, bonus/game room, remodeled gourmet kitchen & heated/cooled pool/guest house! AMAZING storage, remodeled master bath & closet, cedar closet, tankless water heater, new roof & golf cart garage put this home at the top of any must see list!
4408 Escondido             $475,000
 
Absolutely breathtaking! Like new, open plan with a gorgeous gourmet kitchen & spacious living with trey ceiling & Austin stone fireplace is fantastic for entertaining! Covered patio with plumbed gas line & media connections make outdoor living divine! Heated/cooled 3 car garage makes a comfortable work/play space for everyone! Natural light, walk-in closets & sparkling appliances make this a must see!
2803 Parton Way           $465,000
 
Absolutely breathtaking! Double filigree front doors open to a grand foyer that welcomes you to a bright open plan with views of lush backyard; great for entertaining! Some of the astonishing features of this home are the glass vessel sinks, NEST thermostat, custom island, jacuzzi tub, plantation shutters, French doors to dining/study & located in an established neighborhood! This one has it all!
2306 Culpeper               $425,000
 
Absolutely gorgeous! Well-maintained, low-maintenance 5 bedroom with a fantastic in-law plan in a great location! Lovely kitchen with granite (2018), formals with lustrous wood floors, large sun/game room, utility room with floor to ceiling storage & new roof (2019)! Master suite has an extensive vanity, jetted tub & HUGE walk-in closet! In-law plan is furnished with a kitchen, full bath & walk-in closet!
5916 Frio                      $389,000
 
Gorgeous move-in ready 4 bedroom in Heritage Oaks! Sunshine floods this open floor plan and illuminates the subway tile on the fireplace in the chic living space! The beautiful magazine quality kitchen with stainless and granite is a chef's dream! Let's not forget about the peaceful master with plush carpet you can sink your toes in and a relaxing spa-like bath! This home is a show stopper!
2809 Shanks                  $365,000
 
This charming country property is ready for your 4-H projects! Pens, automatic sprinklers, water well, workshop and covered RV parking! Located on 1+ acres sits a cute 2 story home with a great flow for entertaining! Great features of this home are exposed wooden beam, walk-in closets and lots of natural light! Insulate workshop with a 220V outlet and 2 overhead doors for easy access!
3614 Dentcrest              $350,000
 
Move-in ready! Well-maintained beauty has a BIG living space with vaulted ceilings and built-ins! Remodeled kitchen is a chef's dream with sleek quartz countertops & gorgeous cabinetry that extends to the dining! Three spacious bedrooms & large peaceful sequestered master with a remodeled bath are perfect for a growing family! Pool-size yard, terra cotta patio, new windows and new roof complete this jewel!
5905 Pedernales           $325,000
 
WOW! This darling SMART home is flooded with tons of sunshine and charisma! Industrial light fixture is a fantastic conversation piece for intimate dinner parties! Who wouldn't want to create amazing meals in a kitchen surrounded by sparkling stainless & sleek granite! End the evening unwinding on the heavenly patio with a glass of wine! Must see to appreciate the space and charm this home offers!
4828 Timber Lane         $325,000
 
WOW! Bigger than it looks! The well manicure grounds draw you into this spacious 4 bedroom home! Lush landscaped backyard grows into a private garden with a large patio for relaxing on glorious summer days! Close to shopping/parks/schools this delightful gem has a bright kitchen with generous storage/prep space and a master suite with a roomy walk-in closet! Must see to appreciate the space!
6617 Patriot Pkwy         $311,000
 
WOW! High ceilings and lots of natural light flood this home! Fantastic large kitchen with endless granite countertops & breakfast bar overlooks the open floor plan! Rustic barn door separates the roomy master from the spa-like bath & huge walk-in closet! Lush lawn/landscape surrounds the grounds and are well-maintained with manual sprinkler system! Don't miss the office/guest bedroom in this cutie!
1408 W Pine                  $299,500
 
Behind the private wall of this townhome is a beautiful mature tree that gives this courtyard an "Old Midland" feel! Jewel tones, mocha wood floors, shimmering light fixtures, updated baths, French doors, crisp white kitchen with granite and stainless depict a tranquil/modern feel, great for entertaining inside/out! Sequestered master suite, walk-in closets, tons of storage & walking distance to the parks!
3215 Boyd Ave             $298,000
 
Wow! Bigger than it looks with an amazing shop! Remodeled kitchen with sparkling stainless, miles of granite/storage and travertine tile! Remodeled hall bath with granite and glass sink! Spacious bedrooms with new carpet (2019) and walk-in closets everywhere! Hall closet could be a hobby/office space! New exterior paint and roof (2019)! Don't miss the insulated two car workshop with alley access! 
2827 Maxwell                $295,000
 
Move-in ready! Located in an established neighborhood is a well-maintained home with a great floor plan! Honey-colored engineered wood floors & lots of natural light illuminate the huge den & study/4th bedroom/playroom! Vaulted ceilings and copious amounts of sunshine make cooking delightful in the crisp white kitchen! Updated master bath, new carpet, new roof & new interior paint complete this darling home!
4717 Timber Lane         $294,000
 
Great location with breathtaking updates throughout! Lots of natural light shines off the stunning granite, sparkling stainless and crisp white cabinets of the chic kitchen/dining area! You can entertain with ease from the dining to the backyard and large patio! Magnificent master with soft plush carpet, separate walk-in closets, sitting area and private patio to enjoy the West Texas sunset.
6109 Spahn                   $279,900
 
Move-in ready! Sunshine pours into this well-maintained home with grand ceiling heights and open concept! The well groomed backyard has a pergola with firepit and a hidden gem! Under a canopy of stars it turns into an outdoor theater! Sequestered master suite is a welcoming retreat with large soaking tub, separate shower & big walk-in closet! Don't miss the opportunity to own this beauty!
2507 Bedford                $275,000
 
"Old Midland" charm! Hardwood floors and hard to find spacious bedrooms each with surprisingly large walk-in closets are a few attributes of this beauty! Enjoy intimate meals in the classic remodeled kitchen or cozy up by the fireplace with a good book! The sunroom would make a great studio/playroom/office with views of HUGE pool-size backyard! Don't miss the opportunity to own this one!
4528 & 4530 Lanham    $249,900
 
Investor special! AS IS - CASH! Spacious duplexes with lots of potential! Both units have the same floor plan with separate utilities, a large living/dining area, vaulted ceiling and staircase to a loft that could double as an office, bedroom or storage! Large kitchen with an eat-in area and ample storage and prep space! Each unit offers 3-4 bedrooms, 2 baths and walk-in closet in the master and loft!
800 W Kansas                $242,500
 
Absolutely charming "Old Midland" home with a 20X20 insulated workshop! Located on 2 lots is a delightful home with hardwood floors, tons of natural light and character sprinkled throughout! Large living has a beautiful fireplace while the spacious dining has views of the stone patio! Updated hall bath and a HUGE master/in-law plan with a walk-in closet! New windows, sewer line, insulation & doors!This one won't last long!
3205 Whittle Way          $225,000
 
CUTE! Bigger than it looks with 3 beds/3 baths! Soaring ceilings in the living with a cabin style staircase and wet bar! Bright dining has access to a charming low-maintenance patio; great for enjoying an intimate dinner or outdoor barbeques! Modern updated kitchen with granite, stainless & plenty of storage! 1 bed/bath downstairs and 2 beds/2baths upstairs; perfect for college student with roommates!
504 Holmsley         $1,750/month
 
WOW! What a floor plan! Old marries well w/new! The living has original hardwood floors,trey ceiling & opens to the dining/Kitchen/Family room! Saltillo tile guides you to the bath & 2 bedrooms w/hardwood floors! The kitchen has granite countertop, 2 ovens & a bar opens to the HUGE family/bonus room! Family rm has a huge walk-in closet, utility closet & lots of windows overlooking patio & yard!
6408 Homestead              $995,000
5804 Lincoln Green          $495,000
4616 Hilltop                     $450,000
4201 Crestgate                 $375,000
6808 Leatherwood           $275,000
3332 Providence              $275,000
*** 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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