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%