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MEMORANDUM

DATE: June 10, 2008

TO: Association Members

FROM: Mike Cassidy, MLS Board President

SUBJECT: MLS Statistical Reports

Attached please find copies of the MLS Statistical Reports for

May 2008

PLEASE NOTE

If you are going to be utilizing the MLS Statistical information for public mass-media advertisement or in other public representations, use of that information must be in accordance with Section 21 of the MLS Rules and Regulations.

SECTION 21.USE OF DATA AND INFORMATION IN ADVERTISING:

"Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (05/01/08) through (05/31/08). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy"

MLSOK shall have no liability or responsibility for the truth or accuracy of any data or information contained in any advertising or other public representation made or sponsored by a Participant and/or by any of its affiliated Licensees, and each of such

Participant and its affiliated Licensees hereby agrees to indemnify MLSGateway.com and to hold the MLS harmless from and against any liability, damage, cost and expense arising from or out of any such advertising or other public representation.

If you have any questions, please feel free to contact Audrey Bean at the Association Office.

For purposes of public mass-media advertising or other public representations, the MLS itself and any Participant may use data or information taken from the "statistical" report or from any "sold" or "comparable" report contained in any MLS Compilation. Notwithstanding the foregoing, any advertising or other public representation permitted pursuant to the preceding sentence, irrespective of form, format or medium, shall be accurate and not misleading, shall clearly state the period of time covered by such advertising or other representation and shall include the following, or a substantially similar notice:

 

MEMORANDUM

FROM: Oklahoma City Metropolitan Association of REALTORS®

DATE: June 10, 2008.

SUBJECT: Monthly Housing Statistics

Listed below are the monthly Oklahoma City Metropolitan housing statistics for the month of May 2008 as compared to April 2008 and May 2007.

These statistics are supplied by MLSGateway.com Multiple Listing Service and should you have any questions, please contact Audrey Bean at 405-840-1493.

May-08

April- 08

May-07

TOTAL CLOSED

1685

1463

1994

TOTAL $ VOLUME

$266,181,357

$214,345,681

$302,824,147

AVERAGE PRICE

$157,971

$146,511

$151,833

MEDIAN PRICE

$132,000

$125,900

$130,000

AVG. INT. RATE

5.34%

5.41%

6.02%

%SELLING PRICE TO LIST PRICE

98%

98%

98%

DAYS ON MARKET

86

83

78

NUMBER OF LISTINGS

9668

9528

8838

TOTAL CLOSED

1685

TOTAL $ VOLUME

$266,181,357

AVERAGE SELLING PRICE

$157,971

% SELLING PRICE TO LIST PRICE

98%

MEDIAN PRICE

$132,000

AVERAGE INTEREST RATE AT CLOSING

5.34%

AVERAGE DAYS ON MARKET

86

#OF ACTIVE LISTINGS AT MONTH END

9668

TOTAL UNDER CONTRACT

1299

AVERAGE VALUE

$161,567

 

RESIDENTIAL PROPERTY TYPES INCLUDE THE FOLLOWING:

Condos

Half Duplexes

Manufactured Homes

Patio Homes

Single Family Homes

Townhouses

 

 

Month

Total Closed

Dollar Volume

Residential Listings Processed

January

1015

$155,420,642

2054

February

1264

$188,472,313

2287

March

1355

$194,067,747

2611

April

1463

$214,345,681

2821

May

1685

$266,181,357

2984

June

July

August

September

October

November

December

 

 
This post has been included in Oklahoma Information

1 Comments on Oklahoma City Area Stats for May

Looks like things are looking up in OK-lahoma!  You might consirder joining the Positive Real Estate News group and posting this there for others to find. 

06/22/2008 09:31 PM by Heath Coker, Broker Owner (Cape Group Real Estate & REindex.com)


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Real Estate Agent: Dan McCoy (Keller Williams Realty)
Dan McCoy
Oklahoma City, OK
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Keller Williams Realty

Office Phone: (405) 948-8220 Ext.: 837
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