Want to know "How's the Market?" - Here are the highlights as we close out the third quarter!

- Days on market still low at just 25 average

- List-to-sale price ratio still at 98% to 99% across OKC market segments

- Inventory is relatively low at just 2.5 month supply, but we are starting to see more supply in higher price ranges (above $600K)

* We are sure to see more variation among different price ranges coming up - Stay tuned and I will keep you posted.

Let's talk strategies for YOUR real estate success - Just give me a shout!

It feels like spring is just around the corner! Here the weather is warming, but "How's the market?"

These indicators should indicate a warm to hot market - 
- 25 average Days on Market - faster than last month
- 99% List-to-sale-price ratio - higher than last month
- Average sales price still up 8% YoY

But wait...
Total Transactions are down 36% compared to last January. See the details below and in my video.

Want to talk ideas for YOUR real estate plan? Just give me a call or text!

Drum Roll......... the numbers are in for 2022 compared to 2021!

- New listings were down through most of 2022. This was part of the equation that created low inventory. 

- The number of closed sales was at an increase during the first half of 2022, but ended in a decrease for the total year compared to 2021. This is partly because the squeeze in inventory actually limited the number of transactions happening in the market, particularly in high demand areas. 

- Pricing is still at an increase with average sales price up 12+% for the total year.

Want to talk ideas for YOUR real estate plan? Just give me a call or text! 

Here's a quick update on the OKC Real Estate Market - Let's Go!

For the most part the market has begun to normalize from the peak we saw this past summer. Days on market are up to 31 Days on average.

- Of note: New contracts for November are down 31% year-over-year. (From 2247 to 1551 - across the OKC MLS)

Want to talk ideas for YOUR real estate plan? Just give me a call or text!

Happy Thanksgiving! I love this holiday week and the incredible power of GRATEFULNESS in our lives. 

Here is the November Update as numbers point toward normalization in OKC Real Estate (I cover this in more detail in the videos)

- Average Days on Market 26

          - Up from 16 in June

- Average List to sale price ratio 98%

          - Down from 102% in June

- Inventory is at a 14 week supply

          - This is up from a 6 week supply in June

- Average Sale Price $281,000

          - Down from its peak of $303,000 in June

This month you can also check out the info specifically for:

Edmond/Deer Creek - Click Here

Yukon/Mustang - Click Here

OKC Metro - Click Here