Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 7, 2024

Edgecreek of Edmond OK - Neighborhood Feature

Custom Homes and Contemporary Architecture Await in Edmond's Newest Neighborhood

Edgecreek Edmond OK - neighborhood entrance

Welcome to the future of luxury living in Edmond's newest neighborhood! If you're searching for a custom-built home that seamlessly blends contemporary architecture with timeless elegance, look no further. This exclusive community offers unrivaled craftsmanship, innovative design, and an unparalleled lifestyle. Join us as we explore the beauty and sophistication that awaits in this one-of-a-kind enclave.

 

Introduction to the Neighborhood

 

Nestled in the vibrant city of Edmond, Oklahoma, lies a hidden gem waiting to be discovered – Edgecreek. This new neighborhood offers the perfect blend of modern luxury and serene surroundings, making it an ideal haven for those seeking a contemporary lifestyle. Exciting architecture meets lush landscapes in this exclusive community, promising a living experience like no other. Let's delve into what makes Edgecreek a standout destination for custom homes and contemporary design aficionados alike.

 

- Location and features of the neighborhood

Custom home - Edgecreek Edmond OK

Nestled in the heart of Edmond, Oklahoma, Edgecreek offers a blend of luxury living and contemporary architecture. With its prime location near major highways and top-rated schools, this neighborhood caters to those seeking convenience and style. 

 

Edgecreek boasts modern homes designed by renowned architects, emphasizing sleek lines and innovative features that set them apart from traditional designs. The community's architectural vision reflects a commitment to creating a truly unique living experience.

 

Residents of Edgecreek enjoy the benefits of living in a gated community, providing an added layer of security and privacy for peace of mind. The sense of exclusivity adds to the appeal, fostering a strong sense of community among neighbors who share a common appreciation for quality living spaces.

 

As you explore what this neighborhood has to offer, you'll find yourself drawn to the waterview lots that provide stunning vistas and opportunities for outdoor activities like fishing or simply relaxing by the water's edge. Whether it's enjoying nature or unwinding after a long day, these lots offer something special for residents looking to connect with the outdoors.

Edgecreek Edmond OK - neighborhood Lake

In addition to waterview lots, Greenspace Backyards and Central Lake Views add another dimension to life at Edgecreek. The carefully planned layout ensures that each home enjoys access to green spaces while also offering picturesque views of the central lake—a perfect backdrop for peaceful moments spent at home.

 

- Emphasis on contemporary and modern architecture

 

Edmond's newest neighborhood, Edgecreek, is a haven for contemporary architecture enthusiasts. Here, sleek lines and innovative designs harmonize with the natural surroundings to create a modern living experience like no other. Each custom home in this exclusive community showcases cutting-edge architectural trends that redefine luxury living.

 

From minimalist facades to expansive windows that blur the line between indoor and outdoor spaces, Edgecreek homes are a testament to sophistication and style. The use of sustainable materials and energy-efficient features further enhances the appeal of these modern residences. Residents can enjoy light-filled interiors, open floor plans, and high-end finishes that elevate everyday living to an art form.

 

With a focus on clean aesthetics and functional design principles, Edgecreek embodies the epitome of contemporary architecture in Edmond. Whether you appreciate clean lines or bold geometric shapes, this neighborhood offers a diverse range of architectural styles to suit every taste.

 

Benefits of Living in a Gated Community

 

Living in a gated community like Edgecreek in Edmond, OK offers residents a sense of security and peace of mind. The controlled access points provide an added layer of protection, giving homeowners a heightened level of safety for their family and belongings.

 

Privacy is another key benefit that comes with living in a gated neighborhood. With restricted entry to the community, residents can enjoy a more secluded environment free from unwanted solicitors or disturbances. This exclusivity creates a tight-knit community where neighbors often form strong bonds and look out for one another.

 

In addition to security and privacy, gated communities offer amenities such as parks, walking trails, and recreational facilities. These shared spaces foster a sense of belonging among residents while providing opportunities for social interaction and activities within the neighborhood.

 

Overall, living in Edgecreek's gated community not only provides safety and privacy but also promotes a vibrant lifestyle centered around community engagement and exclusive amenities.

 

- Increased security and privacy

 

Living in a gated community like Edgecreek in Edmond, OK offers residents increased security and privacy. The sense of safety that comes with restricted access provides peace of mind for homeowners and their families. With controlled entry points and monitored surroundings, residents can feel secure knowing who is coming and going within the neighborhood.

 

Privacy is another key benefit of living in a gated community. The limited access to the area helps create a more private environment for residents to enjoy. This exclusivity allows homeowners to have more control over who enters the neighborhood, enhancing the overall sense of seclusion.

 

Additionally, the tight-knit nature of a gated community fosters a strong sense of community among neighbors. Residents often form close bonds through shared amenities and events exclusive to those living within the gates. This creates a unique atmosphere where neighbors look out for one another, creating a welcoming environment for all who call Edgecreek home.

 

- Sense of community and exclusivity

 

Living in a gated community like Edgecreek in Edmond, OK offers residents more than just heightened security and privacy. It fosters a strong sense of community and exclusivity that is hard to find elsewhere. 

 

Neighbors in a gated community often share similar lifestyles and values, creating a close-knit environment where relationships can flourish. Whether it's chatting with fellow residents at the neighborhood park or attending exclusive events together, the sense of belonging is palpable.

 

The exclusivity of living behind gates adds an element of prestige to daily life. Knowing that you are part of a select group who have access to the amenities and features of the neighborhood can instill a sense of pride and accomplishment.

 

In addition, shared spaces like clubhouses, pools, or walking trails provide opportunities for residents to come together and bond over common interests. This communal aspect enhances not only the quality of life but also creates lasting connections with those around you.

 

Exploring the Waterview Lots

 

Nestled within the charming neighborhood of Edgecreek in Edmond, Oklahoma, are the picturesque Waterview Lots. Imagine waking up to the gentle sound of water nearby and enjoying stunning views right from your doorstep. Living near water offers a sense of tranquility and connection to nature that is truly unmatched.

 

The calming presence of the lake adds a touch of serenity to everyday life, creating a peaceful oasis just steps away from home.

 

Whether you're looking to unwind after a long day or start your morning with a breath of fresh air, living near water provides a unique lifestyle experience. The Waterview Lots at Edgecreek offer residents the chance to embrace waterfront living in a community designed for modern comfort and relaxation.

 

- Opportunities for outdoor activities and relaxation

 

Nestled in the heart of Edmond's newest neighborhood, Edgecreek offers residents a unique opportunity for outdoor activities and relaxation. With its close proximity to the water, homeowners can enjoy peaceful morning walks along the shoreline or partake in water sports like kayaking and paddleboarding.

 

The tranquil setting of the neighborhood provides an ideal backdrop for picnics with family and friends or simply unwinding after a long day at work. Imagine sipping your morning coffee on your porch while taking in the serene views of the central lake, feeling completely at ease and rejuvenated.

 

For those who crave adventure, exploring the greenspace backyards offers endless possibilities for hiking, biking, or even bird-watching. Embrace nature's beauty right outside your doorstep as you immerse yourself in the great outdoors without ever leaving home.

 

- Highlighting the unique layout of the neighborhood

 

The unique layout of Edgecreek in Edmond, OK truly sets it apart from other neighborhoods. With greenspace backyards, central lake views, and waterview lots, residents can enjoy the perfect blend of nature and contemporary architecture right at their doorstep. Living in a gated community offers security, exclusivity, and a strong sense of community. If you're looking for a custom home surrounded by modern design and natural beauty, Edgecreek is the ideal place to call home. Explore this new neighborhood today to discover the limitless possibilities that await you in this vibrant community.

June 20, 2024

Real Estate Market Update - OKC - June 2024

I hope your summer is spectacular so far!

Here is the latest on the Real Estate Market for the OKC Area. This month we will look at the following questions:

Are the higher interest rates affecting home prices?

Why is List-to-sale-price Ratio important for Home Buyers to understand?

How fast are homes selling right now?

Will interest rates get lower anytime soon?

Call me today and we can bounce ideas on your best real estate strategy!

 

Real Estate Market in Oklahoma City, Edmond, Yukon and Mustang

Video Transcript:

Welcome to this month's real estate market update. You know, a question that I'm asked quite frequently right now is, "are the higher interest rates affecting pricing?" - so let's jump in on pricing. Right now, the average price per square foot is up across all markets. Oklahoma City at $161 per square foot - that's up 2% year-over-year. In Edmond it's at $185 per square foot - that's also up 2%. In the Yukon / Mustang area the average price per square foot is $163, which is up 4% year-over-year. The average sales price is also up across all markets - $300,000 in Oklahoma City, $447,000 in Edmond and $300,000 in Yukon Mustang areas.

In sold price versus list price we're seeing a 1% negotiating margin. This is always a number that I encourage people to learn about when they first start shopping for a home. For example at, 400,000 - a 1% negotiating margin means that, on average, sellers are only coming off their price by $4,000 - - so if you're budgeted to 400,000, but you're looking at $425,000 it's not like you're going to be able to negotiate that down $25,000 when average on Market you're only seeing about a 1% negotiating margin. These are important numbers to understand when you first start home shopping and setting your budget as far as which houses we look at. A big mistake that a buyer can make is looking at houses that are more expensive early on getting spoiled to the features and amenities in those houses and then, feeling like they have to compromise whenever they come back to their actual budget later in the process.

As we look at inventory and days on Market both of these numbers are relatively unchanged from last month. We're at a 2.7 month supply across the Oklahoma City metro area in terms of inventory and the average days on Market is 32 days.

Now let's look at interest rates. The results of the June 12 fed meeting left rates unchanged. Keep in mind the FED doesn't set interest rates for loans - they set the federal standard rate and so that part stayed unchanged. Interest rates can be affected by jobs data, it can be affected by world political events - all kinds of things - the stock market -  all of those kinds of things, but what we're seeing now is less likelihood of rates changing very much through the rest of this year. Early on we thought there may be three rate changes even from the FED over the course of this year and now that's not looking like that's going to be the case - so I don't know that we'll see much change in rates. Right now, according to bankrate.com, the average interest rate is in the range of 7% to 7.1%. The main thing to keep in mind with interest rates is that more than ever before it's all sensitive to to your qualifying ratios your debt to income ratio your credit score things like that so if you're looking for that best rate in town - definitely shop around but definitely take care of your qualifying terms as far as how you look as a borrower.

Thanks as always for tuning in and join us next time as we take the market and break it down.

 

June 6, 2024

Bedford Falls Neighborhood in Edmond OK

Real Estate & Homes for Sale in Bedford Falls

Nestled in NE Edmond, OK at the intersection of Bryant and Charter Oak is Bedford Falls, a charming single-street community known for its spacious .75 to 1 acre lots and peaceful rural atmosphere. The creator of this neighborhood, Blue Ribbon Homes, thoughtfully included a metal workshop with EACH house constructed. These workshops are situated on sturdy concrete slabs and some even boast electrical and plumbing features. Families residing in Bedford Falls take advantage of the renowned Edmond School District. Ready to make Bedford Falls your home? Discover our current listings and contact us now to claim YOUR home complete with its own workshop!

Check out our current listing available in this unique neighborhood at 3121 Bedford Falls Dr

3121 Bedford Falls Dr in Edmond OK

Bedford Falls homes for sale in Edmond OK

May 29, 2024

Real Estate Market Update - OKC - May 2024

Here is your update for the OKC Real Estate Market!

Sellers are holding firm on prices amidst low inventory

List-to-Sale-Price Ratio is higher than usual at 99%

Interest Rates updates included in the video

Total # Homes Sold is up 13% - an important rebound from 2023

Let's schedule a call and talk about your real estate strategy!

Check out my video to get the full scoop and see the updated charts below for quick reference!

 

OKC, Edmond, Yukon and Mustang Real Estate Market

April 26, 2024

Real Estate Market Update - OKC - April 2024

Here is your update for the OKC Real Estate Market!

  • Average price in Edmond is down for the second consecutive month * we have not seen this happen for a very long time
  • List-to-Sale-Price Ratio is 98% and steady
  • Interest Rates updates included in the video

Check out my video to get the full scoop. Also - in our new format, the charts below show YoY and YTD data. More numbers for the Digits Diggers!

Real Estate Market Data for OKC, Edmond and Yukon/Mustang as of 3/31/2024

Real Estate in OKC, Edmond, Yukon, Mustang, Oklahoma

March 27, 2024

Real Estate Market Update - OKC - March 2024

Here is your update for the OKC Real Estate Market!

- Average price in Edmond is down compared to last year
       * we have not seen this happen for a very long time

- Days on Market is lower in Edmond, but higher in OKC and Yukon

- Inventory is relatively neutral at a 2.7 month supply

Check out my video to get the full scoop. Also - in our new format, the charts below show YoY and YTD data. More numbers for the Integer Enthusiasts!

Want to talk strategies for YOUR real estate success? Just give me a shout and we'll bounce ideas!

Real Estate Market in OKC, Edmond, Yukon

Feb. 24, 2024

Real Estate Market Update - OKC - February 2024

Here is the update for the Real Estate Market!

This year I am shifting the market data chart to Year Over Year. This means each month we will compare numbers to the same month from the previous year to see trends. 

We will still include the Year-to-date Data starting next month - so please stay tuned!

- Days on market up considerably from 34 days last month to 47 days currently

- Prices are still increasing, just slower than they were 2 yrs ago

- Inventory has returned to a "neutral" 2.9 month supply

See my video this month and also the market data chart below!

 

Real Estate Market for OKC, Edmond and Yukon

Jan. 19, 2024

Real Estate Market Update for January 2024

Real Estate Market Report for January 2024 - Oklahoma City, Edmond, Yukon and Mustang

I hope your 2024 is off to a fantastic start! We have seen business pick up "right out of the gate" for this year.

Here is the update for the Real Estate Market!
- Days on market is still low
- Prices are still increasing, just slower than they were 2 yrs ago
- Inventory remains flat at 3.6 mos supply
- Interest rates have gone down

Want to talk strategies for YOUR real estate success? Just give me a shout and we'll bounce ideas!

Real Estate Market in Oklahoma City, Edmond, Yukon & Mustang

Check out our areas market reports for Oklahoma CityEdmondYukonMustang and others... 

See Current Homes for sale in Oklahoma CityEdmondYukon and Mustang

Dec. 21, 2023

Real Estate Market Update for December 2023

Here is the update for the Real Estate Market!
- Days on market is still on the rise
- Prices are steady Year-to-date
- Inventory is starting to accumulate
- We are starting to see completely different market dynamics among different price ranges


Want to talk strategies for YOUR real estate success? Just give me a shout and we'll bounce ideas!
 

Warm Wishes,

Real Estate Update - Breaking Down the OKC Real Estate Market

Monthly Real Estate Statistics for Oklahoma City Metro - As of November 30, 2023!

Edmond/Deer Creek   YTD 11/30/2023 vs. YTD 11/30/2022   % Difference
# New Listings   4,929   5,266   -6%
# Closed Sales   3,382   4,273   -21%
Average Sales Price   $428,525   $413,419   +4%
Average Price per sf   $179.47   $172.00   +4%
Days on Market   48   28    
             
Oklahoma City Metro   YTD 11/30/2023 vs. YTD 11/30/2022   % Difference
# New Listings   30,590   32,902   -7%
# Closed Sales   21,053   25,910   -19%
Average Sales Price   $292,674   $287,627   +2%
Average Price per sf   $156.09   $151.94   +3%
Days on Market   40   31    
             
Yukon/Mustang   YTD 11/30/2023 vs. YTD 11/30/2022   % Difference
# New Listings   3,506   3,515   -0.3%
# Closed Sales   2,365   2,901   -18%
Average Sales Price   $289,577   $280,202   +3%
Average Price per sf   $157.67   $152.31   +4%
Nov. 22, 2023

Real Estate Market Update for November 2023

Happy Thanksgiving! These are the current market conditions...

- Days on market is at just 28 days on average, but...

- We are seeing a bigger disparity between the days on market for sold homes versus active listings - and very different days on market for various price ranges. See the chart below.

- Inventory is up to a 3.2 month supply. In OKC - this is a neutral amount of inventory. Typically under 3 month supply is a seller's market and over 3 month supply favors buyers. 


Want to talk strategies for YOUR real estate success? Just give me a shout and we'll bounce ideas!

Warm Wishes,


Real Estate Market Update for OKC, Edmond, Yukon and Mustang

Check out our areas market reports for Oklahoma CityEdmondYukonMustang and others... 

See Current Homes for sale in Oklahoma CityEdmondYukon and Mustang