YUKON REAL ESTATE MARKET REPORT OCTOBER 2016

By
Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties

YUKON REAL ESTATE MARKET REPORT OCTOBER 2016
YUKON OK 73099
AS OF NOVEMBER 6, 2016

INFO THAT HITS US WHERE WE LIVE ... We were certainly traveling on happy trails last week following two upward trending housing market reports. New Home Sales in September went up 3.1%, just shy of a 600,000 unit annual rate. Compared to a year ago, sales are up 29.8%. If that doesn't make you happy, consider this. After experiencing a summer lull in August, new home sales in September posted their fastest sales pace since 2008, excluding July's excellent numbers. The biggest obstacle to higher sales remains low inventories. As those slid in September, it shows builders are falling behind demand, so there's lots of room to increase construction activity.

The other happy housing report? The Pending Home Sales index of contracts signed on existing homes was up 1.5% in September following its August dip. Combining readings from recent months indicates existing home sales in coming months should continue the gains made in September. The index is 2.4% ahead of September last year, its 25th month in a row of year-over-year increases.


  • There are about 689 properties on the market in Yukon
  • The median price per square foot for homes in Yukon is about $111
  • The average property in Yukon has been on the market for about 115 days
  • With a Market Action Index at 28.42 (MAI Index - over 30 indicated Seller Market; below 30 Buyers Market)
  • The median single family home price for Yukon, OK is $212,481

YUKON REAL ESTATE MARKET REPORT OCTOBER 2016 YUKON REAL ESTATE MARKET REPORT OCTOBER 2016 YUKON REAL ESTATE MARKET REPORT OCTOBER 2016


QuestionSo there you have it, my Dear Reader, YUKON REAL ESTATE MARKET REPORT OCTOBER 2016.
Did you notice that the price per square foot has been staying about the same? The cost of building materials goes up but sales are slower, affecting the stats.
Also, we are leaning toward buyer's market this fall, which is reflected in MAI Index.

Are you ready to make a move? Be happy to assist you, your family & friends with home search or sale.

Looking forward to hearing from you!

XOXO

Bo Sig


 

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About the Author:

The above information was provided by Bo Kociuba a long time resident of Canadian County, Ok. As Broker’s Associate Bo helps people sell & buy homes in OKC Metro. She works together with her partner, Buster Elliott. They Live & Love OKC! .Bo and Buster are multi-million producers with over 50 years combined real estate experience. 

Bo loves photography and is an avid supporter of shooting sports. 

Bo@BestOklahomaHomes.com |405-812-1572.

We serve OKC Metro Areas: Yukon, Mustang, Bethany, Piedmont, Tuttle, Blanchard, Edmond, Oklahoma City and Moore.

We specialize in Residential & Commercial Real Estate, Ranches & Recreational Land.

Join our newsletter: Live&LoveOKC!

 

 

 

  

 

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

That is a ton of great information packed into your post!  Well done!

Nov 14, 2016 10:44 PM #1
Rainmaker
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Bo Kociuba & Buster Elliott
Berkshire Hathaway HomeServices Anderson Properties - Mustang, OK
Live & Love OKC!

Kristin Johnston, Waukesha County Realtor 414-254-6647 ... Thank you! :)

 

Nov 14, 2016 10:50 PM #2
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