Asheforde Oaks (Edmond, OK) Homes for Sale + Asheforde Oaks (Edmond, OK) Real Estate Agents

Asheforde Oaks, Edmond, OK - July 2007 Market Summary

Ryan Hukill - Edmond Realtor® (ShowMeOKC Team of Paradigm AdvantEdge)

Asheforde Oaks, Edmond, OK The Edmond Real Estate market keeps climbing, contrary to what many national reports would lead you to believe. We continue to see very significant signs of growth as we approach the middle of July, 2007. Last year, 2006, brought a significant rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are following suit in 2007. View the latest statistics here: (OKC Real Estate).

The following chart shows statistics of homes sold specifically in the Asheforde Oaks addition, located on the Northwest corner of Coltrane & Covell, from July 12th, 2006 through July 12th, 2007 and compares these numbers with their respective numbers from 2005-2006:

	2006-07	2005-06	Change
Number of sales	20	29	-31.03%
Years built	1991-2007	1991-2006
Largest home sold (sf)	4452	3335
Average home sold (sf)	2761	2701
Smallest home sold (sf)	2435	2358
Highest sales price	$415,000	$324,900	27.73%
Average sales price	$279,534	$272,289	2.66%
Lowest sales price	$237,800	$199,900	18.96%
Average list price	$283,549	$275,393	2.96%
Sales price vs list price	98.58%	98.87%	-0.29%
Highest price per sf	$131.26	$116.52	12.65%
Average price per sf	$101.54	$100.88	0.65%
Lowest price per sf	$86.19	$84.78	1.66%
Longest DOM	141	295	-52.20%
Average DOM	57	107	-46.73%
Shortest DOM	8	0

Current Active Listings	10
Current Absorption Rate	6.00

As you can see, the Asheforde Oaks comparison from 2006 to 2007 shows very positive signs. Although the number of sales was lower than last year, the sales prices and prices-per-square-foot saw respectable increases and the overall days on the market did decreased substantially. Ini addition, the sales prices vs list price stayed strong, and with a city-wide absorption rate of just under 4.5 months, Asheforde Oak's current inventory isn't too heavy at 6 months.

If you're curious what your home would sell for or would like a chart more specific to your street, visit our website, where you'll find Asheforde Oaks Homes and information, as well as details on many other great Edmond neighborhoods.

**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (07/12/05) through (07/12/07). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy

In Him,

Ryan Hukill
Realtor ® Associate

Hukill Group - Paradigm Realty
16211 N May Ave
Edmond, OK 73013
direct.: (405) 802.HOME
fax: (405) 285.8428
ryanhukill@cox.net
www.YourOpenHouse.us

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