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Market Activity – Lucas, TX

Lucas market snapshot’s, exclusively for residential real estate. We are looking at the active listings on the market – excluding all under contract: active option to buy, active contingent or pending. In most cases those listings will be sold.

For the sold listing we are looking at sales from the beginning of the year until the snapshot date.

All data is straightforward. For any real estate related questions about Lucas, contact Nord Realty by phone/text, email, contact form or chat.

 


2017 Market data – updated 12/30/2017

  • 143 homes sold in 2017
  • Sale  prices between $195,000 and $1,200,000
  • Average marketing days: 77
  • New construction sales (24) and resale market (117)
  • Median sale price: $649,900
  • Average homes GLA: 4,006 sf
  • Average lot size: 1,737 acre
  • Close Price By List Price ratio: 97.72%
  • Total active listings: 41 (20 new construction and 21 resales)
  • Average listing price for new construction is $860,000
  • Average listing price resale: $730,000
  • Average marketing time all active listings: 129 days
  • Under contract (different stages): 7 homes
  • 3 active foreclosure listings and 2 foreclosure sales in 2017
  • Median GLA of all homes sold in 2017 was 4,006 sf.

Update 12/31/2016

  • 131 homes sold in 2016
  • Median sale price: $600,000
  • Average marketing time: 74 days
  • Sale prices between $150,000 and $1,850,000
  • New construction: 27 homes sold with a median sale price of $719,000
  • Resale market: 104 homes sold with a median sale price of $587,000
  • Median GLA od all homes sold: 4,038 sf

Data as of 06/05/2016

  • Active listings: 63. Owner resale: 26. New construction: 37.
  • Listing prices from $375,000 to $1,800,000
  • Median listing price: $729,900
  • Average days on the market: 143
  • Under contract contingent and pending: 23 listings
  • Sold in 2016 up-to-date: 32
  • Median sale price: $580,000. Average marketing time: 65 days.
  • Resale – owner occupant: 32

Market Analysis As of 01/24/2016:

  • Active listings – 54
  • Median listing price – $761,072
  • All sales in 2015: 181
  • Median sale price in 2015:  $541,250
  • Average marketing time (2015) – 69 days

Lucas Market Data as of 10/22/2015

  • 105 Homes sold in 2015  up-to-date
  • Median sale price $550,000
  • Active listings: 49
  • Median Listing Price is $730,000

 

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