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Yorktown Historical District Midtown Tulsa Market Report - Stats show great investments!

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Real Estate Agent with Own Tulsa License #142914

Yorktown Historical District Midtown Tulsa Market Report - Stats show great investments! tudor revival home

Yorktown is a desirable historic district within the boundaries of midtown Tulsa real estate, and this market report shows that a home purchase in Yorktown is a great investment.

Currently there are only four homes on the market in the Yorktown historical district and one property pending. Twelve properties have closed since the first of the year with the average days on market being very minimal. Two properties were on the market in excess of 200 days, but the majority sold within the first month or two of the listing period.

Average sales price in Yorktown midtown Tulsa real estate in 2011 was $201,933 with homes selling well above $100/square foot and as high as $148 and $214/square foot.

 

Yorktown Historical District Market Report Oct 2011

In addition to Yorktown's varied architectural styles, its location is its key attraction. It's walking distance to St. John's Medical Center, Utica Square shopping centre, Cascia Hall Preparatory School, Woodward Park, Swan Lake, groceries, restaurants, the Broken Arrow Expressway and the University of Tulsa.

From the Tulsa Preservation Commission: The Yorktown Neighborhood includes 19 blocks of single family residences. Composed of eight separate additions, the district does not exhibit a single pattern of residential development. The blocks are not the same size, varying in both width and length. Significant construction of residences in the Yorktown district began in 1921 with the Bungalow/Craftsman style making up 69 percent of all houses in the district. Tudor Revival is the second most prevalent style, gaining popularity in the district in the late 1920s. Combined, the Bungalow/Craftsman and Tudor Revival styles constitute ninety percent of the Yorktown residences.

map yorktown historical district tulsa okYorktown boundaries are 16th & 17th Streets to the north; Lewis Avenue to the east; 20th Street to the south; and Victor/Wheeling Avenues to the west.

With these home stats, I think it would be safe to assume that a home purchase in the Yorktown Historical District would be a sound investment. There are few midtown Tulsa neighborhoods with less than a three-month inventory of homes for sale.

For an updated market report on your midtown Tulsa neighborhood, please just give me a call: 918-852-5036!

Copyright 2011 Lori Cain All Rights Reserved - Originally Posted at: Midtown Tulsa Real Estate - Lori Cain

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Please visit my web site if you are shopping for Tulsa homes for sale or call 918-852-5036 for more information about Midtown Tulsa Real Estate. In addition to my advanced grasp of the internet to market your Tulsa home for sale, I include a home staging consultation with every listing AND professional photography - at no aditional cost to you!

Lori is a residential Realtor with eXp Realty serving the greater Tulsa area and specializing in downtown Tulsa and midtown Tulsa real estate.

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Cathy McAlister
Cathy Ashley McAlister, GRI CDPE - Broker / Sacramento - Sacramento, CA
Sacramento DRE#00648507

It's a cutie for sure.  We have some older districts as well, East Sac and Land Park being the two most favorite.  Many new home shoppers to Sacramento are surprised to learn that we have basements in those areas, and I am certain that that many Sacramento builders of the 30's -40's were transplants from the midwest.  It was a nice influence.

Oct 22, 2011 04:16 AM
Lori Cain
Own Tulsa - Tulsa, OK
Midtown Tulsa Real Estate Top Producer

Trust me, Cathy, with the tornados in Oklahoma, we NEED basements!!

Oct 22, 2011 08:51 AM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

What a cute little home you have on this post.  It is good to see your numbers are not zero, although this does seem like not too much activity.  Good luck with the house that you have posted here, looks like a gem.

Oct 26, 2011 05:17 AM
Lori Cain
Own Tulsa - Tulsa, OK
Midtown Tulsa Real Estate Top Producer

Larry, actually these are pretty good numbers considering this area only has 19 BLOCKS of homes.

Oct 26, 2011 06:21 AM