2013 Midland TX Home Sales

2013 Midland TX Home Sales

MIDLAND – The average home price reached $254,680 in 2013, a 7 percent increase from the average in 2012, according to the Permian Basin Board of Realtors. August 2013 saw the largest home prices, with an average of $283,568.

The median home price in 2013 was $221,504, nearly an 8 percent increase from 2012.

The average number of days homes sat on the market in 2013 was 39.75. The average was 41 days in 2012, 55.75 days in 2011 and 65.67 days in 2010.

The average number of homes on the market in 2013 was 271 per month. In 2012, the average number was 277. That figure sat around 350 in 2011 and topped 500 in 2010.

The Midland City Council has approved the zoning for a subdivision in north Midland that will add about 900 new homes to the market.

Read more at the Midland Reporter-Telegram.

About Donna Edwards

Realtor/Broker in Odessa, Texas who takes a unique approach to selling homes – combining powerful technology solutions with top notch service to create a more efficient & seamless experience for her clients.

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