Asheforde Oaks, Edmond, OK - July 2007 Market Summary

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:  

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