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Oklahoma City real estate May market conditions report

By
Real Estate Agent with The Virtual Real Estate Team 104556

May 2014 Continues to be high sales and low inventory in the Oklahoma City market. However, sales in some areas are dropping from last years total because not enough homes are being listed for sale. A side effect to this is that Oklahoma City is experiencing higher than normal levels of appreciation. New home sales are not taking the pressure off because there is not enough land that can be developed for lots and that may be 2015 before we see a significant rise. I can't think of a better time to list a home for sale in Oklahoma City than right now with the inventory of homes for sale still shrinking. It you want toe explore what we can get for your home please contact me at joe@joepryor.com

Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

Nice video. Sounds similar to my market. I have a short sale that has been lingering since August. When/if it settles, future Shorts shall be referred out.

May 13, 2014 10:28 PM