Midland Real Estate Trends
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A strong housing market in 2020 is what few would have expected between the ongoing pandemic and a dramatic fall in oil prices, but the Midland market once again remained strong and outshined most in the country. As oil prices began to rise and interest rates remained low, the real estate market recovered quickly and finished strong. We ended the year with an average sales price of $343,928, which is virtually the same as $345,828 in 2019. There remains a very healthy inventory of 706 homes available in all price ranges. Interest rates on a 30-year loan remain in the 2.5% range, so now is an incredibly good time to purchase or sell a home.
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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 | 5100 Alysheba Lane
$1,280,000
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 | 4904 Island Dr.
$1,250,000
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 | 1411 Country Club
$985,000
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 | 1306 W. Wall St.
$775,000
8 offices/apartments
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 | 7011 Courtney Ct.
$685,000
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 | 4303 E. Co. Rd. 60
$575,000
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 | 902 Sorrell Lane
$549,000
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 | 2810 Chelsea Pl.
$489,900
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 | 4505 Breezeway Ct.
$475,000
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 | 51 Berkshire Circle
$395,000
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 | 2403 Sinclair Ave.
$355,000
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 | 1209 Porterfield
$315,000
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 | 2818 Northtown Pl.
$305,000
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 | 12801 E. Co. Rd. 135
$285,000 or
Lease for $2,500/month
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 | 1703 W. Kansas Ave.
$289,900
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 | 1001 Mogford St.
$285,000
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 | 111 Club Dr.
$275,000
or Lease for $1,950/month
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 | 5002 Castleford Rd
$269,500
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 | 8400 S. Co. Rd. 1264
$250,000
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 | 4726 Harvard Unit A
$215,000
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 | 1600 W. Louisiana Ave.
$200,000
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 | 3228 Preston Dr.
$200,000
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 | 721 Devonian Dr.
$164,900
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 | 4727 Crockett Ave.
$140,000
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 | 3309 Mariana Ave.
Lease for $1,800/month
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