The Edmond Real Estate market continues to show very significant signs of growth as we pass the middle of April, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (Edmond Real Estate).
The following chart shows statistics of homes sold in the Danforth Farms addition, located at Danforth and Western, from April 22nd, 2006 through April 22nd, 2007 and compares these numbers with the respective numbers from 2005-2006:
| 2006-07 | 2005-06 | Change | |
| Number of sales | 17 | 11 | 54.55% |
| Years built | 1985-2002 | 1985-1999 | |
| Largest home sold (sf) | 4113 | 4236 | |
| Average home sold (sf) | 3165 | 2954 | |
| Smallest home sold (sf) | 2095 | 2315 | |
| Highest sales price | $304,000 | $293,500 | 3.58% |
| Average sales price | $238,297 | $209,077 | 13.98% |
| Lowest sales price | $169,000 | $163,900 | 3.11% |
| Highest price per sf | $94.06 | $74.99 | 25.43% |
| Average price per sf | $75.67 | $70.99 | 6.59% |
| Lowest price per sf | $64.14 | $65.67 | -2.33% |
| Longest DOM | 152 | 84 | 80.95% |
| Average DOM | 57 | 34 | 67.65% |
| Shortest DOM | 9 | 8 |
As you can see, the comparison from 2006 to 2007 is very favorable for Danforth Farms in almost every category. The sales prices and prices per square foot show significant increases while the Days On Market did increase, indicating slower sales.
If you're curious what your home's worth or would like a more specific chart, visit our website, where you'll find Danforth Farms Homes and information, as well as details on many other premier Edmond neighborhoods.
**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (04/22/05) through (04/22/07). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy
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