• Philbrook Museum, Home of Waite Phillips in Midtown Tulsa, Oklahoma

    Philbrook Museum

  • Travis Mansion, Home of the Tulsa Historical Society in Midtown Tulsa

    Tulsa Historical Society

  • The Five Moons are five Native American ballerinas from the U.S. state of Oklahoma who achieved international prominence during the 20th century. They are Yvonne Chouteau, Rosella Hightower, Moscelyne Larkin, and sisters Maria Tallchief and Marjorie Tallchief

    The Five Moons

  • The Travis Mansion , Home of the Tulsa Garden Center

    Tulsa Garden Center

  • Tulsa Municipal Rose Garden at the Tulsa Garden Center in Woodward Park

    Tulsa Municipal Rose Garden

  • Tulsa Municipal Rose Garden at the Tulsa Garden Center in Woodward Park

    Tulsa Municipal Rose Garden

  • Tulsa Municipal Rose Garden at the Tulsa Garden Center in Woodward Park

    Tulsa Municipal Rose Garden

  • Tulsa Municipal Rose Garden at the Tulsa Garden Center at Woodward Park

    Tulsa Municipal Rose Garden

  • Linnaeus Garden at the Tulsa Garden Center in Woodward Park

    Linnaeus Garden

  • The Philbrook Museum of Art, Home of Waite Phillips

    Philbrook Museum

Here are the market statistics for the three-month period from January 25, 2016 to April 25, 2016.

Compare these statistics with previous months’ statistics and see the trends for yourself.

Midtown Tulsa Absorption Rate Graph for April 25, 2016Midtown Tulsa Absorption Rate Graph for April 25, 2016

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from January 25, 2016 to April 25, 2016)

Here are the latest market statistics for Midtown Tulsa.

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1950
Average Square Footage (heated space): 1,802
Average Acreage: 0.24
Average List Price: $224,487.00
Average List Price Per Square Foot: $124.58
Average Sales Price: $214,398.00
Average Sales Price Per Square Foot: $118.98
Average Sales Price to List Price Ratio: 96.18%
Average Cumulative Days on Market: 61
Months Supply of Homes: 3.16
Odds of Selling in 90 Days: 29.35%

Up to $100,000

Average Number of Bedrooms: 2
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1947
Average Square Footage (heated space): 1,128
Average Acreage: 0.19
Average List Price: $73,289.00
Average List Price Per Square Foot: $64.97
Average Sales Price: $68,158.00
Average Sales Price Per Square Foot: $60.42
Average Sales Price to List Price Ratio: 93.14%
Average Cumulative Days on Market: 54
Months Supply of Homes: 2.39
Odds of Selling in 90 Days: 39.33%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1952
Average Square Footage (heated space): 1,414
Average Acreage: 0.20
Average List Price: $125,186.00
Average List Price Per Square Foot: $88.53
Average Sales Price: $122,153.00
Average Sales Price Per Square Foot: $86.39
Average Sales Price to List Price Ratio: 97.64%
Average Cumulative Days on Market: 48
Months Supply of Homes: 1.70
Odds of Selling in 90 Days: 38.82%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1946
Average Square Footage (heated space): 1,811
Average Acreage: 0.23
Average List Price: $197,125.00
Average List Price Per Square Foot: $108.85
Average Sales Price: $190,586.00
Average Sales Price Per Square Foot: $105.24
Average Sales Price to List Price Ratio: 97.18%
Average Cumulative Days on Market: 56
Months Supply of Homes: 2.19
Odds of Selling in 90 Days: 29.63%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1949
Average Square Footage (heated space): 2,163
Average Acreage: 0.24
Average List Price: $306,029.00
Average List Price Per Square Foot: $141.48
Average Sales Price: $294,521.00
Average Sales Price Per Square Foot: $136.16
Average Sales Price to List Price Ratio: 96.40%
Average Cumulative Days on Market: 56
Months Supply of Homes: 3.25
Odds of Selling in 90 Days: 28.92%

$350,000 to $450,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1947
Average Square Footage (heated space): 2,603
Average Acreage: 0.24
Average List Price: $403,664.00
Average List Price Per Square Foot: $155.08
Average Sales Price: $388,717.00
Average Sales Price Per Square Foot: $149.33
Average Sales Price to List Price Ratio: 96.40%
Average Cumulative Days on Market: 107
Months Supply of Homes: 3.95
Odds of Selling in 90 Days: 24.72%

$450,000 to $600,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1957
Average Square Footage (heated space): 3,110
Average Acreage: .33
Average List Price: $517,920.00
Average List Price Per Square Foot: $166.53
Average Sales Price: $496,830.00
Average Sales Price Per Square Foot: $159.75
Average Sales Price to List Price Ratio: 95.98%
Average Cumulative Days on Market: 110
Months Supply of Homes: 8.40
Odds of Selling in 90 Days: 16.95%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1970
Average Square Footage (heated space): 4,082
Average Acreage: 0.59
Average List Price: $712,000.00
Average List Price Per Square Foot: $174.42
Average Sales Price: $684,250.00
Average Sales Price Per Square Foot: $167.63
Average Sales Price to List Price Ratio: 96.06%
Average Cumulative Days on Market: 110
Months Supply of Homes: 17.00
Odds of Selling in 90 Days: 8.7%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 3
Median Year Built: 2015
Average Square Footage (heated space): 6,415
Average Acreage: 0.75
Average List Price: $1,017,271
Average List Price Per Square Foot: $158.58
Average Sales Price: $935,553.00
Average Sales Price Per Square Foot: $145.84
Average Sales Price to List Price Ratio: 92.85%
Average Cumulative Days on Market: 98
Months Supply of Homes: 9.86
Odds of Selling in 90 Days: 13.21%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1984
Average Square Footage (heated space): 5,423
Average Acreage: 0.65
Average List Price: $1,610,000.00
Average List Price Per Square Foot: $296.88
Average Sales Price: $1,437,500.00
Average Sales Price Per Square Foot: $265.07
Average Sales Price to List Price Ratio: 89.53%
Average Cumulative Days on Market: 31
Months Supply of Homes: 27.00
Odds of Selling in 90 Days: 6.90%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from January 25, 2016 through April 25, 2016.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Get Shortlink: http://midtowntulsarealestate.net/?p=1053
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2016 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: April 2016

Tulsa Real Estate Market Statistics: March 2016 Inventory Analysis for the Tulsa MLS — Report dated April 12, 2016.

Tulsa Real Estate Market Inventory Analysis

March 2016 MSA AverageMarch2016MSAAverage

Tulsa Real Estate Market Inventory Analysis for the Tulsa MSA during March 2016 indicates the market is continuing to tighten up as inventory shrinks. However, average sales price has decreased and the cumulative days on market has lengthened.

From data provided by the Greater Tulsa Association (the Tulsa MLS) the following statistics were compiled by RE STATS Inc. for the Area delimited by the following Northeast Oklahoma counties:

  • Creek County
  • Okmulgee County
  • Osage County
  • Pawnee County
  • Rogers County
  • Tulsa County
  • Wagoner County

Quick Summary

Absorption: Last 12 months an average of 1,140 sales per month

Active Inventory: As of March 31, 2016 = 5,332

Closed Listings: 1,205 (up 2.12% above a year ago)

Pending Listings: 1,531 (up 17.86% over a year ago)

New Listings: 2,268 (down 0.04% below a year ago)

Average List Price: $167,291 (down 3.32% below a year ago)

Average Sale Price: $162,399 (down 2.95% below a year ago)

Average Percent of List Price to Selling Price: 97.68% (up 1.08% above a year ago)

Average Days on Market to Sale: 54.92 days (down 0.06% above a year ago)

End of Month Inventory: 5,332 (down 5.53% below a year ago)

Months Supply of Inventory: 4.68 months (down 6.11% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of March 2016 decreased 5.53% to 5,332 existing homes available for sale. Over the last 12 months this area has had an average of 1,140 closed sales per month. This represents an unsold inventory index of 4.68 MSI for this period.

Average Sale Prices Falling

According to the preliminary trends, this market area has experienced some downward momentum with the decline of Average Price this month. Prices dropped 2.95% in March 2016 compared to $162,399 versus the previous year at $167,331.

Average Days on Market Lengthens

The average number of 54.92 days that homes spent on the market before selling increased by 0.03 days or 0.06% in March 2016 compared to last year’s same month at 54.89 DOM.

Sales Success for March 2016 is Positive

Overall, with Average Prices falling and Days on Market increasing, the Listed versus Closed Ratio finished strong this month.

There were 2,268 New Listings in March 2016, down 0.04% from last year at 2,269. Furthermore, there were 1,205 Closed Listings this month versus last year at 1,180, a 2.12%increase.

Closed versus Listed trends yielded a 53.1% ratio, up from last year’s March 2016 at 52.0%, a 2.16% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come.

Here is the full report:

March2016MSAAverage

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Get Shortlink: http://midtowntulsarealestate.net/?p=1038
————————————————————–

Copyright© 2016 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: March 2016 Inventory Analysis for the Tulsa MLS

Here are the market statistics for the three-month period from December 25, 2015 to March 25, 2016.

Compare these statistics with previous months’ statistics and see the trends for yourself.

Midtown Tulsa Absorption Rate Graph for March 25, 2016Midtown Tulsa Absorption Rate Graph for March 25, 2016

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from December 25, 2015 to March 25, 2016)

Here are the latest market statistics for Midtown Tulsa.

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1950
Average Square Footage (heated space): 1,807
Average Acreage: 0.24
Average List Price: $224,459.00
Average List Price Per Square Foot: $124.22
Average Sales Price: $217,558.00
Average Sales Price Per Square Foot: $120.40
Average Sales Price to List Price Ratio: 96.94%
Average Cumulative Days on Market: 54
Months Supply of Homes: 3.79
Odds of Selling in 90 Days: 34.19%

Up to $100,000

Average Number of Bedrooms: 2
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1947
Average Square Footage (heated space): 1,207
Average Acreage: 0.20
Average List Price: $70,736.00
Average List Price Per Square Foot: $58.60
Average Sales Price: $66,806.00
Average Sales Price Per Square Foot: $55.35
Average Sales Price to List Price Ratio: 94.46%
Average Cumulative Days on Market: 36
Months Supply of Homes: 2.59
Odds of Selling in 90 Days: 38.35%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1952
Average Square Footage (heated space): 1,413
Average Acreage: 0.20
Average List Price: $124,585.00
Average List Price Per Square Foot: $88.17
Average Sales Price: $122,007.00
Average Sales Price Per Square Foot: $86.35
Average Sales Price to List Price Ratio: 98.08%
Average Cumulative Days on Market: 47
Months Supply of Homes: 2.63
Odds of Selling in 90 Days: 32.27%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1945
Average Square Footage (heated space): 1,735
Average Acreage: 0.22
Average List Price: $208,526.00
Average List Price Per Square Foot: $120.19
Average Sales Price: $199,710.00
Average Sales Price Per Square Foot: $115.11
Average Sales Price to List Price Ratio: 96.58%
Average Cumulative Days on Market: 51
Months Supply of Homes: 2.86
Odds of Selling in 90 Days: 29.58%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1942
Average Square Footage (heated space): 2,171
Average Acreage: 0.23
Average List Price: $301,852.00
Average List Price Per Square Foot: $139.04
Average Sales Price: $289,473.00
Average Sales Price Per Square Foot: $133.34
Average Sales Price to List Price Ratio: 97.27%
Average Cumulative Days on Market: 52
Months Supply of Homes: 2.54
Odds of Selling in 90 Days: 32.91%

$350,000 to $450,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1946
Average Square Footage (heated space): 2,600
Average Acreage: 0.21
Average List Price: $409,120.00
Average List Price Per Square Foot: $157.35
Average Sales Price: $396,852.00
Average Sales Price Per Square Foot: $152.64
Average Sales Price to List Price Ratio: 97.10%
Average Cumulative Days on Market: 90
Months Supply of Homes: 6.80
Odds of Selling in 90 Days: 18.75%

$450,000 to $600,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1962
Average Square Footage (heated space): 3,142
Average Acreage: .35
Average List Price: $531,291.00
Average List Price Per Square Foot: $169.09
Average Sales Price: $507,209.00
Average Sales Price Per Square Foot: $161.43
Average Sales Price to List Price Ratio: 95.56%
Average Cumulative Days on Market: 106
Months Supply of Homes: 6.00
Odds of Selling in 90 Days: 19.64%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1961
Average Square Footage (heated space): 3,856
Average Acreage: 0.59
Average List Price: $710,500.00
Average List Price Per Square Foot: $184.26
Average Sales Price: $684,900.00
Average Sales Price Per Square Foot: $177.62
Average Sales Price to List Price Ratio: 96.40%
Average Cumulative Days on Market: 81
Months Supply of Homes: 15.60
Odds of Selling in 90 Days: 8.47%

$800,000 to $1,200,000

Average Number of Bedrooms: 5
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1980
Average Square Footage (heated space): 6,415
Average Acreage: 1.01
Average List Price: $1,062,250
Average List Price Per Square Foot: $165.59
Average Sales Price: $945,000.00
Average Sales Price Per Square Foot: $147.31
Average Sales Price to List Price Ratio: 89.88%
Average Cumulative Days on Market: 168
Months Supply of Homes: 17.25
Odds of Selling in 90 Days: 9.09%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1973
Average Square Footage (heated space): 5,882
Average Acreage: 0.87
Average List Price: $1,672,500.00
Average List Price Per Square Foot: $284.34
Average Sales Price: $1,832,700.00
Average Sales Price Per Square Foot: $311.58
Average Sales Price to List Price Ratio: 106.99%
Average Cumulative Days on Market: 75
Months Supply of Homes: 22.50
Odds of Selling in 90 Days: 8.00%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from December 25, 2015 through March 25, 2016.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Get Shortlink: http://midtowntulsarealestate.net/?p=1019
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2016 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: March 2016

Tulsa Real Estate Market Statistics: February 2016 Inventory Analysis for the Tulsa MLS — Report dated March 14, 2016.

Tulsa Real Estate Market Inventory Analysis

Feb 2016 MSA 2016-03-28_0-48-50Feb2016MSAAverage

Tulsa Real Estate Market Inventory Analysis for the Tulsa MSA during February 2016 indicates the market is continuing to tighten up as inventory shrinks, average sales price increases, and the cumulative days on market shortens.

From data provided by the Greater Tulsa Association (the Tulsa MLS) the following statistics were compiled by RE STATS Inc. for the Area delimited by the following Northeast Oklahoma counties:

  • Creek County
  • Okmulgee County
  • Osage County
  • Pawnee County
  • Rogers County
  • Tulsa County
  • Wagoner County

Quick Summary

Absorption: Last 12 months an average of 1,137 sales per month

Active Inventory: As of February 28, 2016 = 5,335

Closed Listings: 903 (up 4.76% above a year ago)

Pending Listings: 1,395 (up 18.02% over a year ago)

New Listings: 2,118 (down 0.89% below a year ago)

Average List Price: $172,012 (up 4.41% above a year ago)

Average Sale Price: $165,634 (up 4.49% above a year ago)

Average Percent of List Price to Selling Price: 96.32% (down 0.12% below a year ago)

Average Days on Market to Sale: 55.49 days (down 6.18% below a year ago)

End of Month Inventory: 5,335 (down 5.94% below a year ago)

Months Supply of Inventory: 4.69 months (down 7.03% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of February 2016 decreased 5.94% to 5,335 existing homes available for sale. Over the last 12 months this area has had an average of 1,137 closed sales per month. This represents an unsold inventory index of 4.69 MSI for this period.

Average Sale Prices Going Up

According to the preliminary trends, this market area has experienced some upward momentum with the increase of Average Price this month. Prices went up 4.49% in February 2016 compared to $165,634 versus the previous year at $158,513.

Average Days on Market Shortens

The average number of 55.49 days that homes spent on the market before selling decreased by 3.65 days or 6.18% in February 2016 compared to last year’s same month at 59.14 DOM.

Sales Success for February 2016 is Positive

Overall, with Average Prices going up and Days on Market decreasing, the Listed versus Closed Ratio finished strong this month.

There were 2,118 New Listings in February 2016, down 0.89% from last year at 2,137. Furthermore, there were 903 Closed Listings this month versus last year at 862, a 4.76%increase.

Closed versus Listed trends yielded a 42.6% ratio, up from last year’s February 2016 at 40.3%, a 5.70% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come.

Here is the full report:

Feb2016MSA 2016-03-28_0-41-16

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Get Shortlink: http://midtowntulsarealestate.net/?p=995
————————————————————–

Copyright© 2016 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: February 2016 Inventory Analysis for the Tulsa MLS

Here are the market statistics for the three-month period from November 25, 2015 to February 25, 2016.

Compare these statistics with previous months’ statistics and see the trends for yourself.

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from November 25, 2015 to February 25, 2016)

Here are the latest market statistics for Midtown Tulsa.

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1948
Average Square Footage (heated space): 1,795
Average Acreage: 0.23
Average List Price: $222,414.00
Average List Price Per Square Foot: $123.91
Average Sales Price: $215,669.00
Average Sales Price Per Square Foot: $120.15
Average Sales Price to List Price Ratio: 96.86%
Average Cumulative Days on Market: 58
Months Supply of Homes: 4.16
Odds of Selling in 90 Days: 36.70%

Up to $100,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1948
Average Square Footage (heated space): 1,220
Average Acreage: 0.19
Average List Price: $75,672.00
Average List Price Per Square Foot: $62.03
Average Sales Price: $72,427.00
Average Sales Price Per Square Foot: $59.37
Average Sales Price to List Price Ratio: 95.50%
Average Cumulative Days on Market: 38
Months Supply of Homes: 2.65
Odds of Selling in 90 Days: 36.62%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1950
Average Square Footage (heated space): 1,380
Average Acreage: 0.19
Average List Price: $126,678.00
Average List Price Per Square Foot: $91.80
Average Sales Price: $123,406.00
Average Sales Price Per Square Foot: $89.42
Average Sales Price to List Price Ratio: 97.54%
Average Cumulative Days on Market: 57
Months Supply of Homes: 3.13
Odds of Selling in 90 Days: 30.13%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1944
Average Square Footage (heated space): 1,747
Average Acreage: 0.22
Average List Price: $207,760.00
Average List Price Per Square Foot: $118.92
Average Sales Price: $198,886.00
Average Sales Price Per Square Foot: $113.84
Average Sales Price to List Price Ratio: 96.45%
Average Cumulative Days on Market: 43
Months Supply of Homes: 3.13
Odds of Selling in 90 Days: 32.37%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1940
Average Square Footage (heated space): 2,182
Average Acreage: 0.23
Average List Price: $300,939.00
Average List Price Per Square Foot: $137.92
Average Sales Price: $289,058.00
Average Sales Price Per Square Foot: $132.47
Average Sales Price to List Price Ratio: 97.29%
Average Cumulative Days on Market: 74
Months Supply of Homes: 2.81
Odds of Selling in 90 Days: 34.44%

$350,000 to $450,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1950
Average Square Footage (heated space): 2,865
Average Acreage: 0.25
Average List Price: $419,725.00
Average List Price Per Square Foot: $146.50
Average Sales Price: $405,335.00
Average Sales Price Per Square Foot: $141.48
Average Sales Price to List Price Ratio: 96.70%
Average Cumulative Days on Market: 75
Months Supply of Homes: 8.50
Odds of Selling in 90 Days: 15.79%

$450,000 to $600,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1972
Average Square Footage (heated space): 3,074
Average Acreage: .35
Average List Price: $535,692.00
Average List Price Per Square Foot: $174.27
Average Sales Price: $514,483.00
Average Sales Price Per Square Foot: $167.37
Average Sales Price to List Price Ratio: 96.08%
Average Cumulative Days on Market: 104
Months Supply of Homes: 4.75
Odds of Selling in 90 Days: 20.34%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1953
Average Square Footage (heated space): 3,856
Average Acreage: 0.27
Average List Price: $690,625.00
Average List Price Per Square Foot: $179.10
Average Sales Price: $661,000.00
Average Sales Price Per Square Foot: $171.42
Average Sales Price to List Price Ratio: 95.84%
Average Cumulative Days on Market: 87
Months Supply of Homes: 20.25
Odds of Selling in 90 Days: 6.90%

$800,000 to $1,200,000

Average Number of Bedrooms: 5
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1980
Average Square Footage (heated space): 6,415
Average Acreage: 1.01
Average List Price: $1,062,250
Average List Price Per Square Foot: $165.59
Average Sales Price: $945,000.00
Average Sales Price Per Square Foot: $147.31
Average Sales Price to List Price Ratio: 89.88%
Average Cumulative Days on Market: 168
Months Supply of Homes: 17.25
Odds of Selling in 90 Days: 10.53%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1930
Average Square Footage (heated space): 5,980
Average Acreage: 1.43
Average List Price: $1,950,000.00
Average List Price Per Square Foot: $326.09
Average Sales Price: $2,390,400.00
Average Sales Price Per Square Foot: $399.73
Average Sales Price to List Price Ratio: 122.58%
Average Cumulative Days on Market: 102
Months Supply of Homes: 42.00
Odds of Selling in 90 Days: 4.55%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from November 25, 2015 through February 25, 2016.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Get Shortlink: http://midtowntulsarealestate.net/?p=971
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2016 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: February 2016

Tulsa Real Estate Market Statistics: January 2016 Inventory Analysis for the Tulsa MLS — Report dated February 15, 2016.

Tulsa Real Estate Market Inventory Analysis

01-2016_msaaverage

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during January 2016 indicates the market is shifting again.

From data provided by the Greater Tulsa Association the following statistics were compiled by RE STATS Inc. for the Area delimited by the following Northeast Oklahoma counties:

  • Creek County
  • Okmulgee County
  • Osage County
  • Pawnee County
  • Rogers County
  • Tulsa County
  • Wagoner County

Quick Summary

Absorption: Last 12 months an average of 1,132 sales per month

Active Inventory: As of January 31, 2016 = 5,351

Closed Listings: 768 (down 1.03% below a year ago)

Pending Listings: 1,083 (up 5.35% over a year ago)

New Listings: 1,865 (down 11.44% below a year ago)

Average List Price: $177,161 (up 0.84% above a year ago)

Average Sale Price: $172,482 (up 1.84% above a year ago)

Average Percent of List Price to Selling Price: 97.44% (down 0.29% below a year ago)

Average Days on Market to Sale: 51.54 days (down 11.84% below a year ago)

End of Month Inventory: 5,351 (down 6.70% below a year ago)

Months Supply of Inventory: 4.73 months (down 7.52% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of January 2016 decreased 6.70% to 5,351 existing homes available for sale. Over the last 12 months this area has had an average of 1,132 closed sales per month. This represents an unsold inventory index of 4.73 MSI for this period.

Average Sale Prices Going Up

According to the preliminary trends, this market area has experienced some upward momentum with the increase of Average Price this month. Prices went up 1.84% in January 2016 compared to $172,482 versus the previous year at $169,363.

Average Days on Market Shortens

The average number of 51.54 days that homes spent on the market before selling decreased by 6.92 days or 11.84% in January 2016 compared to last year’s same month at 58.46 DOM.

Sales Success for January 2016 is Positive

Overall, with Average Prices going up and Days on Market decreasing, the Listed versus Closed Ratio finished strong this month.

There were 1,865 New Listings in January 2016, down 11.44% from last year at 2,106. Furthermore, there were 768 Closed Listings this month versus last year at 776, a -1.03% decrease.

Closed versus Listed trends yielded a 41.2% ratio, up from last year’s January 2016 at 36.8%, a 11.76% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come.

Here is the full report:

Tulsa Real Estate Market Statistics: January 2016 Inventory Analysis for the Tulsa MLS

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Get Shortlink: http://midtowntulsarealestate.net/?p=944
————————————————————–

Copyright© 2016 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: January 2016 Inventory Analysis for the Tulsa MLS

How fast will your home sell?

How fast is the real estate market moving? Assuming no other homes were to come on the market, how long would it take to sell all the houses currently for sale in midtown Tulsa? This is what we call the absorption rate. How fast homes are selling in midtown Tulsa depends on how fast the real estate market is moving and where your home is positioned in that market. Quite simply, the answer is different depending on the price point of your house.

Of course other factors will contribute to your home’s selling quickly: amenities, condition, floor plan, and of course, location.

How good are the chances of selling your home?

What are the odds of selling your house in midtown Tulsa? Do you have a good chance of selling your midtown home in the next 30 days?

How has the speed of the real estate market changed since last month?

How has the absorption rate changed in the past 6 months? Is it going up or down? Up indicates the market slowing down. Down indicates the market is speeding up. Compare January 2016’s market statistics with the statistics from July, August, September, October, November, and December of 2015.

The Seller’s Market is Shifting to a Buyer’s Market

We are witnessing a shift from a seller’s market to a buyer’s market. The market shift seems to be occurring in midtown Tulsa at the price point between $350,000 and $450,000. Take a look at January’s statistics and decide for yourself whether or not it is a good time to buy a house or to sell a house.

Again, to see the shift occurring in slow motion, take a look at my blog posts over the past six months and notice the change in the absorption rate.

Remember, a six-month supply of homes indicates a buyer’s market and when there are less than 6 months of homes available, then it is considered a seller’s market.

Is it a good time to sell your home?

In my opinion, right now is an excellent time to either buy or sell a house in midtown Tulsa, because overall the market is fairly balanced.

Also, while noting that home prices fell slightly between December and January, historically our home prices usually increase in the springtime.

It’s your decision where to price your home. I provide data and you decide. For a look at how the market is in your particular Tulsa subdivision or midtown Tulsa neighborhood, please call me and I’ll work up the current statistics for you. It’s a constantly changing market and with all the fabulous amenities in our midtown Tulsa homes, each property value is different.

An appraiser can also help you decide how to position your home for the market.

Here are the market statistics for the three-month period from October 25, 2015 to January 25, 2016.

Compare these statistics with previous months’ statistics and see the trends for yourself.

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from October 25, 2015 to January 25, 2016)

Here are the latest market statistics for Midtown Tulsa.

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1947
Average Square Footage (heated space): 1,755
Average Acreage: 0.22
Average List Price: $215,006.00
Average List Price Per Square Foot: $122.51
Average Sales Price: $208,386.00
Average Sales Price Per Square Foot: $118.74
Average Sales Price to List Price Ratio: 97.16%
Average Cumulative Days on Market: 59
Months Supply of Homes: 3.69
Odds of Selling in 90 Days: 37.14 %

Up to $100,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1948
Average Square Footage (heated space): 1,209
Average Acreage: 0.19
Average List Price: $76,423.00
Average List Price Per Square Foot: $63.21
Average Sales Price: $73,831.00
Average Sales Price Per Square Foot: $61.07
Average Sales Price to List Price Ratio: 97.05%
Average Cumulative Days on Market: 72
Months Supply of Homes: 1.80
Odds of Selling in 90 Days: 41.38%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1951
Average Square Footage (heated space): 1,362
Average Acreage: 0.19
Average List Price: $127,700.00
Average List Price Per Square Foot: $93.76
Average Sales Price: $124,212.00
Average Sales Price Per Square Foot: $91.20
Average Sales Price to List Price Ratio: 97.39%
Average Cumulative Days on Market: 53
Months Supply of Homes: 3.36
Odds of Selling in 90 Days: 33.04%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1940
Average Square Footage (heated space): 1,727
Average Acreage: 0.21
Average List Price: $201,597.00
Average List Price Per Square Foot: $116.73
Average Sales Price: $193,422.00
Average Sales Price Per Square Foot: $112.00
Average Sales Price to List Price Ratio: 96.59%
Average Cumulative Days on Market: 41
Months Supply of Homes: 2.34
Odds of Selling in 90 Days: 41.84%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1940
Average Square Footage (heated space): 2,164
Average Acreage: 0.24
Average List Price: $299,594.00
Average List Price Per Square Foot: $138.44
Average Sales Price: $287,975.00
Average Sales Price Per Square Foot: $133.08
Average Sales Price to List Price Ratio: 97.30%
Average Cumulative Days on Market: 61
Months Supply of Homes: 2.72
Odds of Selling in 90 Days: 41.56%

$350,000 to $450,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1948
Average Square Footage (heated space): 2,689
Average Acreage: 0.34
Average List Price: $408,589.00
Average List Price Per Square Foot: $151.95
Average Sales Price: $395,593.00
Average Sales Price Per Square Foot: $147.12
Average Sales Price to List Price Ratio: 96.83%
Average Cumulative Days on Market: 122
Months Supply of Homes: 10.00
Odds of Selling in 90 Days: 13.85%

$450,000 to $600,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1972
Average Square Footage (heated space): 3,328
Average Acreage: .37
Average List Price: $550,000.00
Average List Price Per Square Foot: $165.26
Average Sales Price: $524,500.00
Average Sales Price Per Square Foot: $157.60
Average Sales Price to List Price Ratio: 95.46%
Average Cumulative Days on Market: 69
Months Supply of Homes: 6.75
Odds of Selling in 90 Days: 14.29%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1947
Average Square Footage (heated space): 3,991
Average Acreage: 0.34
Average List Price: $719,500.00
Average List Price Per Square Foot: $180.28
Average Sales Price: $688,700.00
Average Sales Price Per Square Foot: $172.56
Average Sales Price to List Price Ratio: 95.75%
Average Cumulative Days on Market: 33
Months Supply of Homes: 15.00
Odds of Selling in 90 Days: 10.20%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1991
Average Square Footage (heated space): 5,597
Average Acreage: 0.47
Average List Price: $1,226,667.00
Average List Price Per Square Foot: $219.17
Average Sales Price: $1,073,000.00
Average Sales Price Per Square Foot: $191.71
Average Sales Price to List Price Ratio: 87.97%
Average Cumulative Days on Market: 112
Months Supply of Homes: 24.00
Odds of Selling in 90 Days: 6.82%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1958
Average Square Footage (heated space): 5,980
Average Acreage: 0.92
Average List Price: $1,825,000.00
Average List Price Per Square Foot: $305.18
Average Sales Price: $2,010,200.00
Average Sales Price Per Square Foot: $336.15
Average Sales Price to List Price Ratio: 109.23%
Average Cumulative Days on Market: 53
Months Supply of Homes: 18.00
Odds of Selling in 90 Days: 9.09%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from October 25, 2015 through January 25, 2016.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Get Shortlink: http://midtowntulsarealestate.net/?p=906
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2016 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: January 2016

Tulsa Real Estate Market Statistics: December 2015 Inventory Analysis for the Tulsa MLS — Report dated January 13, 2016.

Tulsa Real Estate Market Inventory Analysis

Tulsa Monthly Real Estate Inventory Analysis for December 2015 compiled from data provided by the Greater Tulsa Association of REALTORS.

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during December 2015 indicates the market is shifting again.

Home prices are reminiscent of where they were two years ago. One thing is for sure: sales prices are falling.

From data provided by the Greater Tulsa Association the following statistics were compiled by RE STATS Inc. for the Area delimited by the following Northeast Oklahoma counties:

  • Creek County
  • Okmulgee County
  • Osage County
  • Pawnee County
  • Rogers County
  • Tulsa County
  • Wagoner County

Quick Summary

Absorption: Last 12 months an average of 1,132 sales per month

Active Inventory: As of December 31, 2015 = 5,428

Closed Listings: 1,028 (down 1.15% below a year ago)

Pending Listings: 903 (up 11.07% over a year ago)

New Listings: 1,363 (down 7.53% below a year ago)

Average List Price: $169,115 (down 9.36% below a year ago)

Average Sale Price: $164,335 (down 9.13% below a year ago)

Average Percent of List Price to Selling Price: 96.81% (up 0.26% above a year ago)

Average Days on Market to Sale: 48.03 days (down 12.34% below a year ago)

End of Month Inventory: 5,428 (down 4.99% below a year ago)

Months Supply of Inventory: 4.8 months (down 5.9% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of December 2015 decreased 4.99% to 5,428 existing homes available for sale. Over the last 12 months this area has had an average of 1,132 closed sales per month. This represents an unsold inventory index of 4.80 MSI for this period.

Average Sale Prices Falling

According to the preliminary trends, this market area has experienced some downward momentum with the decline of Average Price this month. Prices dipped 9.13% in December 2015 compared to $164,335 versus the previous year at $180,845.

Average Days on Market Shortens

The average number of 48.03 days that homes spent on the market before selling decreased by 6.76 days or 12.34% in December 2015 compared to last year’s same month at 54.79 DOM.

Sales Success for December 2015 is Positive

Overall, with Average Prices falling and Days on Market decreasing, the Listed versus Closed Ratio finished strong this month.

There were 1,363 New Listings in December 2015, down 7.53% from last year at 1,474. Furthermore, there were 1,028 Closed Listings this month versus last year at 1,040, a -1.15% decrease.

Closed versus Listed trends yielded a 75.4% ratio, up from last year’s December 2015 at 70.6%, a 6.90% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come.

Here is the full report:

Tulsa Real Estate Market Statistics: December 2015 Inventory Analysis for the Tulsa MLS

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Get Shortlink: http://midtowntulsarealestate.net/?p=887
————————————————————–

Copyright© 2016 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: December 2015 Inventory Analysis for the Tulsa MLS

How fast will your house sell in midtown Tulsa?

Each month I post real estate market statistics for Midtown Tulsa on my website and publish them in People of Midtown. If you are watching these numbers, in the past couple of months you will have noticed on the one hand, that our market has been slowly shifting from a Seller’s market to a Buyer’s market in the upper price points (i.e., slowing down, with homes taking longer to sell). On the other hand, our market has been speeding up at the lowest price point (with homes priced below $100,000 taking even less time to sell). We are seeing a shift in both directions at the same time.

Overall, however, the real estate market in midtown Tulsa is still very much a seller’s market with only a 3-month supply of homes for sale. That means, if no other homes were to come into the midtown Tulsa real estate market, then it would only take 3 months to sell every home in the available inventory.

Remember, a six-month supply of homes is considered to be a stable market; seven or more is considered to be a buyers’ market; and below six months is considered to be a seller’s market. Of course, when you focus on specific neighborhoods, there are submarkets at each price point.

Each month I also publish the chances of your house selling. This number is calculated by analyzing how many homes sell compared to how many homes have been in the market over the past 90 days, counting rooftops that are active, pending, sold, expired, withdrawn, or released listings in our MLS. Not every house gets sold because there are only a certain number of houses that are going to sell in any given market in any period of time.

Your home is in a beauty contest with other homes as new inventory comes on the market. Some homes fail to sell… ever! When new inventory arrives they don’t have a chance because they lose the beauty contest or are overpriced. These homes linger on the market until the owner decides that they obviously like their home better than any potential buyers looking at that price point, and so the homeowners eventually take their home off the market.

Buyers are constantly shopping for the best value their money can buy. The best homes in the market are shown immediately and multiple offers are frequently being made on the cream puffs at the best price for their floor plan and location. These homes sell fast.

Is your price compelling? Even in a seller’s market, it is the buyers who are the experts with regard to which homes sell. They know quickly whether a home is priced right.

Given the odds of your home selling in the next 90 days, how can you increase the chances that your home will be among the homes that sell rather than being among the homes that don’t sell?

If you want to get the best price for your house when you sell it, pay attention to the “3 C’s:” cost, condition and clutter.

The Three C’s

  1. Cost
      Make sure your home is in a competitive position to sell.
      Price it right for its location, floor plan, and condition.
  2. Condition / Color / Curb Appeal
      Address deferred maintenance issues that have been on the “honey-do list;” do a pre-inspection and fix problems identified;
      Update interior and exterior paint colors (eg., discover “trending paint colors” on Google.com or Houzz.com);
      Consider replacing your roof, your garage door, and/or siding;
      Upgrade your landscaping; plant flowers
  3. Clutter / Cleanliness

As a seller, you cannot change the location of your home or its floor plan. However, you can change your home’s condition and its position in the market. You are in control.

Your trusted real estate advisor can help you position your home to win the beauty contest and be the best value for the money. If your home doesn’t sell quickly, it may be overpriced and in need of a price adjustment.

Here are the latest market statistics for Midtown Tulsa.

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from September 25 to December 25, 2015)

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1948
Average Square Footage (heated space): 1,884
Average Acreage: 0.24
Average List Price: $254,252.00
Average List Price Per Square Foot: $134.95
Average Sales Price: $244,573.00
Average Sales Price Per Square Foot: $129.82
Average Sales Price to List Price Ratio: 96.65%
Average Cumulative Days on Market: 57
Months Supply of Homes: 3.03
Odds of Selling in 90 Days: 34.57 %

Up to $100,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1948
Average Square Footage (heated space): 1,207
Average Acreage: 0.19
Average List Price: $78,593.00
Average List Price Per Square Foot: $65.11
Average Sales Price: $75,623.00
Average Sales Price Per Square Foot: $62.65
Average Sales Price to List Price Ratio: 96.36%
Average Cumulative Days on Market: 69
Months Supply of Homes: 1.46
Odds of Selling in 90 Days: 42.68%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 1
Median Year Built: 1950
Average Square Footage (heated space): 1,389
Average Acreage: 0.19
Average List Price: $130,094.00
Average List Price Per Square Foot: $93.66
Average Sales Price: $126,500.00
Average Sales Price Per Square Foot: $91.07
Average Sales Price to List Price Ratio: 97.35%
Average Cumulative Days on Market: 51
Months Supply of Homes: 2.43
Odds of Selling in 90 Days: 39.38%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1941
Average Square Footage (heated space): 1,768
Average Acreage: 0.22
Average List Price: $199,123.00
Average List Price Per Square Foot: $112.63
Average Sales Price: $191,793.00
Average Sales Price Per Square Foot: $108.48
Average Sales Price to List Price Ratio: 96.52%
Average Cumulative Days on Market: 40
Months Supply of Homes: 2.07
Odds of Selling in 90 Days: 44.94%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1942
Average Square Footage (heated space): 2,052
Average Acreage: 0.22
Average List Price: $304,935.00
Average List Price Per Square Foot: $148.60
Average Sales Price: $295,706.00
Average Sales Price Per Square Foot: $144.11
Average Sales Price to List Price Ratio: 97.19%
Average Cumulative Days on Market: 55
Months Supply of Homes: 2.55
Odds of Selling in 90 Days: 42.31%

$350,000 to $450,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Number of Half Bathrooms: 0
Average Number of Garage Spaces: 2
Median Year Built: 1946
Average Square Footage (heated space): 2,457
Average Acreage: 0.31
Average List Price: $399,564.00
Average List Price Per Square Foot: $162.62
Average Sales Price: $385,310.00
Average Sales Price Per Square Foot: $156.82
Average Sales Price to List Price Ratio: 96.52%
Average Cumulative Days on Market: 99
Months Supply of Homes: 7.07
Odds of Selling in 90 Days: 20.59%

$450,000 to $600,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1975
Average Square Footage (heated space): 3,321
Average Acreage: .36
Average List Price: $566,885.00
Average List Price Per Square Foot: $170.70
Average Sales Price: $546,512.00
Average Sales Price Per Square Foot: $164.56
Average Sales Price to List Price Ratio: 96.47%
Average Cumulative Days on Market: 79
Months Supply of Homes: 5.77
Odds of Selling in 90 Days: 19.12%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1990
Average Square Footage (heated space): 3,893
Average Acreage: 0.37
Average List Price: $718,222.00
Average List Price Per Square Foot: $184.49
Average Sales Price: $692,389.00
Average Sales Price Per Square Foot: $177.85
Average Sales Price to List Price Ratio: 96.44%
Average Cumulative Days on Market: 88
Months Supply of Homes: 9.33
Odds of Selling in 90 Days: 16.67%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 3
Median Year Built: 2006
Average Square Footage (heated space): 4,946
Average Acreage: 0.42
Average List Price: $1,045,667.00
Average List Price Per Square Foot: $211.42
Average Sales Price: $964,833.00
Average Sales Price Per Square Foot: $195.07
Average Sales Price to List Price Ratio: 93.54%
Average Cumulative Days on Market: 72
Months Supply of Homes: 13.00
Odds of Selling in 90 Days: 12.77%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 5
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 3
Median Year Built: 1994
Average Square Footage (heated space): 10,123
Average Acreage: 1.08
Average List Price: $3,080,000.00
Average List Price Per Square Foot: $304.26
Average Sales Price: $2,970,000.00
Average Sales Price Per Square Foot: $293.39
Average Sales Price to List Price Ratio: 93.84%
Average Cumulative Days on Market: 52
Months Supply of Homes: 9.00
Odds of Selling in 90 Days: 16.67%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from September 25, 2015 through December 25, 2015.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Statistics: December 2015 Inventory Analysis for the Tulsa MLS — Report dated January 13, 2016.

The following statistics are for the Area delimited by the following Northeast Oklahoma counties:

  • Creek County
  • Okmulgee County
  • Osage County
  • Pawnee County
  • Rogers County
  • Tulsa County
  • Wagoner County

http://midtowntulsarealestate.net/wp-content/uploads/2016/01/Dec2016MSAAverage.pdf

If you want to see specific market share information for your midtown Tulsa neighborhood or subdivision, contact Debbie Solano at 918-724-8201.

Get Shortlink: http://midtowntulsarealestate.net/?p=841
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2015 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: December 2015

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from August 25 to November 25, 2015)

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,867
Average List Price: $258,108
Average Sales Price Per Square Foot: $109.24
Average Cumulative Days on Market: 56
Months Supply of Homes: 2.93
Odds of Selling in 90 Days: 34%

Up to $100,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,214
Average List Price: $75,678
Average Sales Price Per Square Foot: $61.84
Average Cumulative Days on Market: 63
Months Supply of Homes: 1.68
Odds of Selling in 90 Days: 40%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Square Footage: 1,395
Average List Price: $128,874
Average Sales Price Per Square Foot: $92.67
Average Cumulative Days on Market: 50
Months Supply of Homes: 1.90
Odds of Selling in 90 Days: 44%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,733
Average List Price: $199,671
Average Sales Price Per Square Foot: $112.96
Average Cumulative Days on Market: 50
Months Supply of Homes: 2.25
Odds of Selling in 90 Days: 38%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,873
Average List Price: $306,339
Average Sales Price Per Square Foot: $150.07
Average Cumulative Days on Market: 33
Months Supply of Homes: 2.68
Odds of Selling in 90 Days: 33%

$350,000 to $450,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 3
Average Square Footage: 2,564
Average List Price: $389,106
Average Sales Price Per Square Foot: $157.62
Average Cumulative Days on Market: 81
Months Supply of Homes: 5.50
Odds of Selling in 90 Days: 24%

$450,000 to $600,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Square Footage: 3,338
Average List Price: $575,792
Average Sales Price Per Square Foot: $172.64
Average Cumulative Days on Market: 94
Months Supply of Homes: 8.25
Odds of Selling in 90 Days: 17%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Square Footage: 3,438
Average List Price: $715,625
Average Sales Price Per Square Foot: $190.07
Average Cumulative Days on Market: 70
Months Supply of Homes: 8.25
Odds of Selling in 90 Days: 20%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 5
Average Square Footage: 4,793
Average List Price: $1,071,444
Average Sales Price Per Square Foot: $209.96
Average Cumulative Days on Market: 77
Months Supply of Homes: 7.67
Odds of Selling in 90 Days: 18%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 7
Average Square Footage: 10,123
Average List Price: $3,080,000
Average Sales Price Per Square Foot: $276.17
Average Cumulative Days on Market: 52
Months Supply of Homes: 9.75
Odds of Selling in 90 Days: 15%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from August 25, 2015 through November 25, 2015.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

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________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2015 by Deborah M. Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Midtown Tulsa Real Estate Market Statistics: November 2015