Preston Smith · Lubbock, TX

Is Now a Good Time to Sell in Preston Smith, Lubbock?

The median home in Preston Smith sells for $225,000 with prices down 5% year-over-year. Ridley's flat fee saves you $3,251.

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Preston Smith Real Estate Market Conditions

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Preston Smith market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Texas average is 15.2.

Price MomentumFavors buyers

Prices down 4.8625792809999995% year-over-year — vs. -1.8% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Texas average is 96.3%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Texas average of 9.9%.

Sale SpeedFavors sellers

32 median days on market — 53 days faster than the Texas average.

Market UrgencyNeutral

30.77% of listings go pending within 2 weeks — vs. 18.3% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Texas average is 24.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$225,000

-5%

Days on Market

32

Price per Sq Ft

$135

Homes Sold

27

Pending in 2 Weeks

30.77%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Lubbock — delivered monthly.

Your savings

How much can you save selling in Preston Smith?

$0Estimated savings

That could furnish your new living room — save 1.4% of your home value

$225,000

$50,000$10M

Traditional Agent (3%)

$6,750

Ridley Pro (flat fee)

$3,499

Ready to sell in Preston Smith?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Preston Smith

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$6,750$3,499$999
Buyer agent$6,3002.8% avg$4,500~2% avg$4,500~2% avg
Closing costs (~1.5%)$3,375$3,375$3,375
Total cost$16,425$11,374$8,874
You save$3,251$5,751

Based on the Preston Smith median home price of $225,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Preston Smith

A flat fee of $3,499 instead of the typical $6,750 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Preston Smith market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Preston Smith buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $3,251 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Preston Smith

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