Lubbock Home Prices Drop, Sales Surge
Lubbock Daily News Now | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Lubbock Countys median home sale prices dropped by 4.8% in December, reaching $249,990, but still up 10.4% from last year. Single-family homes saw a 5.8% monthly drop, yet a 12.1% yearly increase. Condos and townhomes surged by 123.2% to $365,735. Sales activity rose by 24.5% with 702 homes sold, totaling $121.9 million. Meanwhile, Texas median home price edged up 1.5% to $318,760, with a 9.4% decline in sales volume, but a 100% rise in total value to $8 billion.
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