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Oklahoma City Market Report

The Oklahoma City metropolitan housing stats for June are out and the results are a mixed bag. On the plus side, our average selling price was $164,727 up from May's avg of $157, 971 and June 07's average price of $155,367. That's really great news considering current market conditions. Median prices were also up--$135,000 for June, compared to $132,000 for May '08 and $130,000 for June of last year.

On the down side we closed 1628 units in June compared to 1685 in May and 2031 that were closed in June of last year. That's a drop of 19.85% from last June. It should also be noted that we were right at 10,000 listings for June which is about 1,000 more than last June.

I really don't know how to interpret these figures but I was quite surprised to see the median and average price increases so stout. All I know is people a lot smarter than me can't figure it out either. Let me hear your spin......

Posted by Steve Mangus on 07/18/2008 05:33 PM

Comments (5)

oklahoma city, housing stats, average selling price, median price, listings

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5 Comments on Oklahoma City Market Report

JUL

2008

Hi Steve; Our stats are a mixed bag, also. We are seeing buyers easing out and looking.

You may want to add your stat reports to this new group MARKET REPORTS

Have a great weekend.

your market conditions sound very appealing from where I am sitting, consider yourselves lucky!

Kathy, thanks for the tip on the new group---done.

Chris, yes we do consider ourselves to be pretty fortunate here in OKC.

AUG

Good afternoon. Real love is a permanently self-enlarging experience. I am from Cuba and learning to read in English, tell me right I wrote the following sentence: "Share embed visit site coolfinds." Thank you so much for your future answers :). Quilla.

SEP

How are you. You have to recognize when the right place and the right time fuse and take advantage of that opportunity. There are plenty of opportunities out there. You can't sit back and wait. I am from Latvia and also now teach English, please tell me right I wrote the following sentence: "This attributed in due phases of the native regard being viewed by electronic infections in some caps with notices of their herbal: for wearers of processes, the complete hair of rashes was for potassium-sparing, or supporting, better than provillus." With best wishes 8), Enrique.

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