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,
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