market report: Steve Hermann's February Ponca City Market Report - 03/20/08 01:25 PM
These statistics were taken from the North Central Board of REALTORS MLS for the month of February.
At the end of the month there were 87 Active listings with Ponca City addresses.  The average List price was $122,935 and the average Days on Market was 99.
There were 23 homes SOLD in February.  The average price was $138,995 and the average days on market was 97.
The general analysis is home sales increased almost two-fold from January.  The absorbtion rate is 3.8.  Which means that at the rate homes sold in February we would eliminate the inventory in 3.8 months.  This is a low … (0 comments)

market report: Steves January Market Report - 01/28/08 11:44 AM
Hello, & Thank You for visiting Localism.  This is your January Market Report for North Central Oklahoma posted by Steve Hermann, Your Ponca City REALTOR.  Statistics are collected from the NCBOR MLS System.
For January of 2008 there are 175 properties ACTIVE on the Market.  The average price of these active listings is $107,284.  The median price of these active properties is $86900.  The Average Days on Market(DOM) is 117.
There are currently 46 homes UNDER CONTRACT. The average price is $109,084 and the median price is $86,000.  The average DOM is 87.
In january of 2008 13 homes were scheduled to close.  The … (1 comments)

market report: October Market Report - 11/14/07 02:20 PM
This is the monthly market report by your Ponca City Real Estate Expert, Steve Hermann.  Statistics are taken from the North Central Board of REALTORS MLS, for the Homes in the Ponca City Limits as well as East Kay County, & South Osage County.  Comparing only the month of October, the number of homes sold decreased from 29 in 2006 to 25 in 2007.  The Average List price of homes sold increased from $102,621 in 2006 to $105,272 in 2007.  The Average Sales price has risen from $98,365 in 2006 to $99,920 in 2007.  And Finally the Average List to Sale … (0 comments)


Steve Hermann

Ponca City, OK

More about me…

Coldwell Banker Heritage REALTORS

Address: 3216 N 14th Street, Ponca City, OK, 74601

Office: 580(765) 888-8108

Mobile: (580) 763-4853

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My mission is to inform,anyone who is interested, about the Real Estate market and the economic happenings in Ponca City and North Central Oklahoma.



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