We all know the real estate maxim of Location, Location, Location. The wider economic corollary may well be Supply, Supply, Supply (or Demand, Demand, Demand – depending on the date.) The national trend is a Months-Supply-of-Inventory pegged well below the balanced number of six. Recent reports show that at closer to three nationwide. Locally, MLS data showed MOI in Lubbock at 1.6 across the market, and 5 for properties over $500k. See attached. The YoY climb in Average and median sold price correlates on both reports.

Our Movers Moving index came in at a very health 214.

Trend Vision Report
Luxury Report