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!

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

Oct. 19, 2023

Real Estate Market Update for October 2023

It's Fall Y'all!  Home sales are still moving along, albeit at a very mild pace compared to last year.

- Days on market still low at just 26 days on average

- Inventory is up slightly to a 2.8 month supply

- Average price is up, total number of transactions is down

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

 

Market data for Real Estate in OKC, Edmond, Yukon & Mustang Oklahoma

Check out our areas market reports for Oklahoma City, Edmond, Yukon, Mustang and others... 

See Current Homes for sale in Oklahoma City, Edmond, Yukon and Mustang

Sept. 28, 2023

Real Estate Market Update for September 2023

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!

Real Estate Market Data - Oklahoma City and Edmond