Special offer

Bridgewater Addition, Edmond, OK - 2007 Market Summary

By
Real Estate Agent with 405home @ ERA Courtyard 148333

The Edmond Real Estate market continues to show very significant signs of growth as we approach the middle of June, 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).

Bridgewater addition to Edmond, OKCLICK HERE to see the statistics of homes sold in Bridgewater, located on the East side of Santa Fe, between 2nd & Danforth, from June 11th, 2006 through June 11th, 2007.  

As you can see, the Bridgewater comparison from 2006 to 2007 shows some positive signs. Although there hasn't been much growth in the area and the number of sales was slightly lower than last year, the prices-per-square-foot saw respectable increases. The overall sales prices did decline slightly, but the sales prices vs list price stayed level. With a city-wide absorption rate of just under 5 months, Bridgewater's inventory is a little heavy at 6.00 months, but it's not high enough to cause major concern. 

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 Bridgewater 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 (06/11/05) through (06/11/07). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy

Posted by

 

Search the Oklahoma City Metro MLS for your next home       Get information on how to get your Edmond or Oklahoma City home sold

 

Comments(4)

Sharon Leigh
Sharon's Graphic Reality - Port Saint John, FL
(Graphic Reality) Got PhotoLogo? CandelLife@Gmail.
How far apart are Edmond, Oklahoma and Enid, Oklahoma? My father lives in Enid, he's told me about the prices out there and it still blows me away how much more house you get for your money there than where I live in Florida.
Jun 19, 2007 09:12 PM
Ryan Hukill - Edmond
405home @ ERA Courtyard - Edmond, OK
Realtor, Team Lead
Sharon, thanks for stopping by. Enid is just under 100 miles north of Edmond. Yes, property is very affordable here, as you may have seen by going back through my blog. I've done many statistical reports on different areas of Edmond, as well as a few fun posts about "what you get for $XXX," which showcased a home in each different price range, up to $1.4M. You'd be amazed at what $1,400,000 will buy in this area. Thanks for your comment. Let me know if you have any other questions.
Jun 20, 2007 04:51 AM
Sharon Leigh
Sharon's Graphic Reality - Port Saint John, FL
(Graphic Reality) Got PhotoLogo? CandelLife@Gmail.
I've got you bookmarked, if he tells me anything about finding a new house I plan on hooking him up with you. ;)
Jun 21, 2007 03:33 AM
Ryan Hukill - Edmond
405home @ ERA Courtyard - Edmond, OK
Realtor, Team Lead
That sounds great Sharon. We'll take great care of him and find him the right property. Just let us know when we can help. Have a great day!
Jun 21, 2007 03:49 AM