Nichols Hills, Oklahoma - 1st Qtr 2010 vs 2009 and 2008

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Real Estate Agent with Coral Shores Realty, 1119 E. Sunrise Blvd., Fort Lauderdale, FL 33304 954-610-4186 3245926

Following is the 1st qtr report on sales in Nichols Hills, Oklahoma. Compared are the last three years of same time activity. Sales prices are broken into above and below $300,000. For the more expensive homes there is a definite big change in this somewhat small sample between 2008 and 2010 indicating that Oklahoma City has not escaped the downturn in the economy while the lower price segment has not seen that big of a change.

             
    Selling Price greater than $300K        
             
    Sales Avg Sales Price Avg Price/SF Days on Mkt  
             
  2010 9 693,000 $157 228  
             
  2009 8 516,000 $150 134  
             
  2008 14 $919,000 $203 108  
             
    Selling Price less than $300K        
             
  2010 9 $172,000 $109 130  
             
  2009 13 $178,000 $105 90  
             
  2008 6 $164,000 $107 120  
             
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This information is provided to help educate anyone interested in the NW Oklahoma City metro area market.

Please call if you have any questions related to real estate services. I will be happy to try and answer any questions.

Tom Hall

Allied Inc., Realtors - Oklahoma City - 405-812-4886 

 

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