Midland Real Estate Trends
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As we enter Thanksgiving week we are thankful to share that the Midland real estate market continues to show incredible stability and outperforms most markets in our state, despite the uncertainties we face. The average sales price for the month is $346,680 and up 4.7% over last year's $330,963 for the same period. The monthly average is also outpacing the year-to-date average of $344,140. An average time of 47 days on the market is indicative of an extremely healthy market and the number of homes currently available for sale of 755 is down 15.8% from August's high of 874 homes. The extremely low 30-year fixed mortgages of 2.5% coupled with our solid homes available across all price ranges makes this an unusually good time for both buyers and sellers. Call the experts of The Lanier Team to assist you in the sale of your home or for help purchasing the home of your dreams.
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.
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 | 14700 Kobyn Lane
$1,350,000
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 | 5100 Alysheba Lane
$1,280,000
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 | 4904 Island Dr.
$1,250,000
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 | 1306 W. Wall St.
$775,000
8 offices/apartments
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 | 4303 E. Co. Rd. 60
$575,000
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 | 902 Sorrell Lane
$549,000
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 | 4621 Woodhollow Dr.
$525,000
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 | 1300 E County Road 127
$365,000
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 | 3602 W. Shandon Ave.
$385,000
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 | 2403 Sinclair Ave.
$370,000
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 | 5206 Sherwood Dr.
$339,900
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 | 1209 Porterfield
$315,000
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 | 1001 Mogford St.
$295,000
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 | 1703 W. Kansas Ave.
$289,900
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 | 111 Club Dr.
$289,000
or Lease for $2,150/month
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 | 5002 Castleford Rd
$269,500
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 | 4301 Greenbriar Dr.
$259,900
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 | 1213 E. Pecan Ave.
$219,900
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 | 1600 W. Louisiana Ave.
$200,000
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 | 4727 Crockett Ave.
$150,000
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 | 3316 Caldera #131
Lease for $800/month
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