• 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

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

(for the three-month period from May 23 to August 23, 2015)

Overall Average

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,860
Average List Price: $263,565
Average Sales Price Per Square Foot: $110.85
Average Cumulative Days on Market: 61
Months Supply of Homes: 2.52
Odds of Selling in 90 Days: 38%

Up to $100,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Square Footage: 1,196
Average List Price: $76,809
Average Sales Price Per Square Foot: $61.33
Average Cumulative Days on Market: 63
Months Supply of Homes: 1.63
Odds of Selling in 90 Days: 42%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,417
Average List Price: $125,428
Average Sales Price Per Square Foot: $88.88
Average Cumulative Days on Market: 61
Months Supply of Homes: 2.26
Odds of Selling in 90 Days: 37%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,662
Average List Price: $197,228
Average Sales Price Per Square Foot: $117.20
Average Cumulative Days on Market: 38
Months Supply of Homes: 2.00
Odds of Selling in 90 Days: 43%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 2,002
Average List Price: $308,807
Average Sales Price Per Square Foot: $135.26
Average Cumulative Days on Market: 44
Months Supply of Homes: 1.74
Odds of Selling in 90 Days: 43%

$350,000 to $450,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 3
Average Square Footage: 2,505
Average List Price: $405,173
Average Sales Price Per Square Foot: $153.98
Average Cumulative Days on Market: 51
Months Supply of Homes: 3.12
Odds of Selling in 90 Days: 35%

$450,000 to $600,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Square Footage: 2,772
Average List Price: $532,772
Average Sales Price Per Square Foot: $163.96
Average Cumulative Days on Market: 93
Months Supply of Homes: 3.10
Odds of Selling in 90 Days: 42%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Square Footage: 3,763
Average List Price: $691,993
Average Sales Price Per Square Foot: $182.24
Average Cumulative Days on Market: 71
Months Supply of Homes: 5.79
Odds of Selling in 90 Days: 25%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Square Footage: 4,330
Average List Price: $989,385
Average Sales Price Per Square Foot: $204.20
Average Cumulative Days on Market: 156
Months Supply of Homes: 5.54
Odds of Selling in 90 Days: 29%

Above $1,200,000

Average Number of Bedrooms: 5
Average Number of Full Bathrooms: 7
Average Square Footage: 5,150
Average List Price: $2,263,333
Average Sales Price Per Square Foot: $293.15
Average Cumulative Days on Market: 86
Months Supply of Homes: 14.00
Odds of Selling in 90 Days: 12%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from May 23, 2015 through August 23, 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.

Get Shortlink: http://midtowntulsarealestate.net/?p=766
________________________________________________________________________
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: August 2015

The real estate market is hot in Midtown Tulsa. In fact, you can safely say we are in a seller’s market. What exactly does that mean?

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.

Where is Midtown Tulsa? For our purpose, let’s define Midtown very broadly from Downtown to Sheridan and from I-244 south to I-44. That gives us a polygon like the one found at http://midtowntulsarealestate.net/search-mls-for-property-in-midtown-tulsa/. This includes homes of every size at every price point.

When we look at Midtown for the past three months there is a 2.7-month supply of single-family houses.

The market has actually sped up. Over the past two years the market has had a 3.2-month supply of homes. If no other homes were to enter the market, it would only take 3 months to sell every house that is for sale.

However, not every house sells. There are only a certain number of houses that are going to sell in any given market in any period.

Some homes fail to sell. When new inventory arrives they don’t have a chance because they lose the beauty contest or are overpriced.

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.

Your 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.
What are the odds of your home selling in the next 90 days?

On average, of the 328 homes currently on the market in Midtown Tulsa, there is a 38% chance of selling within 90 days. However, the odds of selling vary among price points from neighborhood to neighborhood.

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.

Midtown Tulsa Real Estate Sales Statistics by Price Point

(for the three-month period from April 24 to July 24, 2015)

Up to $100,000

Average Number of Bedrooms: 2
Average Number of Full Bathrooms: 1
Average Square Footage: 1,141
Average List Price: $73,995
Average Sales Price Per Square Foot: $60.64
Average Cumulative Days on Market: 82
Months Supply of Homes: 2.05
Odds of Selling in 90 Days: 43%

$100,000 to $150,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 1
Average Square Footage: 1,333
Average List Price: $126,259
Average Sales Price Per Square Foot: $92.90
Average Cumulative Days on Market: 59
Months Supply of Homes: 2.41
Odds of Selling in 90 Days: 38%

$150,000 to $250,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 1,692
Average List Price: $201,948
Average Sales Price Per Square Foot: $118.40
Average Cumulative Days on Market: 57
Months Supply of Homes: 2.26
Odds of Selling in 90 Days: 42%

$250,000 to $350,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 2
Average Square Footage: 2,050
Average List Price: $306,407
Average Sales Price Per Square Foot: $138.29
Average Cumulative Days on Market: 68
Months Supply of Homes: 2.09
Odds of Selling in 90 Days: 41%

$350,000 to $450,000

Average Number of Bedrooms: 3
Average Number of Full Bathrooms: 3
Average Square Footage: 2,493
Average List Price: $404,552
Average Sales Price Per Square Foot: $154.90
Average Cumulative Days on Market: 70
Months Supply of Homes: 2.61
Odds of Selling in 90 Days: 40%

$450,000 to $600,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Square Footage: 2,700
Average List Price: $522,671
Average Sales Price Per Square Foot: $161.03
Average Cumulative Days on Market: 70
Months Supply of Homes: 2.89
Odds of Selling in 90 Days: 41%

$600,000 to $800,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Square Footage: 3,750
Average List Price: $707,270
Average Sales Price Per Square Foot: $184.54
Average Cumulative Days on Market: 137
Months Supply of Homes: 5.2
Odds of Selling in 90 Days: 28%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 3
Average Square Footage: 4,262
Average List Price: $991,000
Average Sales Price Per Square Foot: $204.55
Average Cumulative Days on Market: 135
Months Supply of Homes: 6.5
Odds of Selling in 90 Days: 24%

Above $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Square Footage: 2,996
Average List Price: $1,697,500
Average Sales Price Per Square Foot: $253.71
Average Cumulative Days on Market: 49
Months Supply of Homes: 4.0
Odds of Selling in 90 Days: 24%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from April 24, 2015 through July 24, 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.

Get Shortlink: http://midtowntulsarealestate.net/?p=738
________________________________________________________________________
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: July 2015

Tulsa Real Estate Market Statistics: November 2013 Inventory Analysis for the Tulsa MLS — Report dated December 13, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during December 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have swing upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, continuing to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month.

Homes have appreciated at a rate last month which is consistent with rates we saw prior to the housing bust (around 6% per year), which indicates that our market has recovered and our prices are stabilizing.

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

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

Quick Summary

Absorption: Last 12 months an average of 1,070 sales per month

Active Inventory: As of November 30, 2013 = 7,795

Closed Listings: 949 (down 2.16% below a year ago)

Pending Listings: 987 (up 20.81% over a year ago)

New Listings: 1,621 (down 14.28% below a year ago)

Average List Price: $170,469 (up 1.20% over a year ago)

Average Sale Price: $163,025 (up 0.76% over a year ago)

Average Percent of List Price to Selling Price: 96.37% (up 0.08% above a year ago)

Average Days on Market to Sale: 57.45 days (down 3.3% below a year ago)

End of Month Inventory: 7,795 (down 13.87% below a year ago)

Months Supply of Inventory: 7.28 months (down 21.35% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of November 2013 decreased 13.87% to 7,795 existing homes available for sale. Over the last 12 months this area has had an average of 1,070 closed sales per month. This represents an unsold inventory index of 7.28 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 0.76% in November 2013 to $163,025 versus the previous year at $161,800.

Average Days on Market Shortens

The average number of 57.45 days that homes spent on the market before selling decreased by 1.96 days or 3.30% in November 2013 compared to last year’s same month at 59.41 DOM.

Sales Success for October 2013 is Positive

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

There were 1,621 New Listings in November 2013, down 14.28% from last year at 1,891. Furthermore, there were 949 Closed Listings this month versus last year at 970, a -2.16% decrease.

Closed versus Listed trends yielded a 58.5% ratio, up from last year’s November 2013 at 51.3% , a 14.13% 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: November 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=684

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2014 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: November 2013 Inventory Analysis for the Tulsa MLS

Tulsa Real Estate Market Statistics: October 2013 Inventory Analysis for the Tulsa MLS — Report dated November 12, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during October 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have swing upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, continuing to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month.

Homes have appreciated at a rate last month which is consistent with rates we saw prior to the housing bust (around 6% per year), which indicates that our market has recovered and our prices are stabilizing.

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

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

Quick Summary

Absorption: Last 12 months an average of 1,071 sales per month

Active Inventory: As of October 31, 2013 = 8,429

Closed Listings: 984 (down 5.2% below a year ago)

Pending Listings: 1,100 (up 3.58% over a year ago)

New Listings: 2,145 (up 3.67% above a year ago)

Average List Price: $163,887 (up 1.39% over a year ago)

Average Sale Price: $157,673 (up 1.41% over a year ago)

Average Percent of List Price to Selling Price: 96.63% (up 0.59% above a year ago)

Average Days on Market to Sale: 55.46 days (down 11.53% below a year ago)

End of Month Inventory: 8,429 (down 8.27% below a year ago)

Months Supply of Inventory: 7.87 months (down 17.85% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of October 2013 decreased 8.27% to 8,429 existing homes available for sale. Over the last 12 months this area has had an average of 1,071 closed sales per month. This represents an unsold inventory index of 7.87 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 1.41% in October 2013 to $157,673 versus the previous year at $155,483.

Average Days on Market Shortens

The average number of days that homes spent on the market before selling decreased by 6.95 days or 11.53% in September 2013 compared to last year’s same month at 60.30 DOM.

Sales Success for October 2013 is Positive

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

There were 2,145 New Listings in October 2013, up 3.67% from last year at 2,069. Furthermore, there were 984 Closed Listings this month versus last year at 1,036, a -5.02% decrease.

Closed versus Listed trends yielded a 45.9% ratio, down from last year’s October 2013 at 50.1%, a 8.38% downswing. 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: October 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=665

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: October 2013 Inventory Analysis for the Tulsa MLS

Tulsa Real Estate Market Statistics: September 2013 Inventory Analysis for the Tulsa MLS — Report dated October 23, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during September 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have swing upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, continuing to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month.

Homes have appreciated at a rate last month which is consistent with rates we saw prior to the housing bust (around 6% per year), which indicates that our market has recovered and our prices are stabilizing.

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

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

Quick Summary

Absorption: Last 12 months an average of 1,075 sales per month

Active Inventory: As of September 30, 2013 = 8,511

Closed Listings: 1,110 (up 21.31% over a year ago)

Pending Listings: 990 (up 6.45% over a year ago)

New Listings: 2,065 (up 4.61% above a year ago)

Average List Price: $166,932 (up 6.10% over a year ago)

Average Sale Price: $161,728 (up 6.81% over a year ago)

Average Percent of List Price to Selling Price: 96.46% (down 0.25% below a year ago)

Average Days on Market to Sale: 53.35 days (down 11.53% below a year ago)

End of Month Inventory: 8,511 (down 12.36% below a year ago)

Months Supply of Inventory: 7.91 months (down 23.14% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of September 2013 decreased 12.360% to 8,511 existing homes available for sale. Over the last 12 months this area has had an average of 1,075 closed sales per month. This represents an unsold inventory index of 7.91 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 6.81% in September 2013 to $161,728 versus the previous year at $151,418.

Average Days on Market Shortens

The average number of days that homes spent on the market before selling decreased by 6.95 days or 11.53% in September 2013 compared to last year’s same month at 60.30 DOM.

Sales Success for September 2013 is Positive

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

There were 2,065 New Listings in September 2013, up 4.61% from last year at 1,974. Furthermore, there were 1,110 Closed Listings this month versus last year at 915, a 21.31% increase.

Closed versus Listed trends yielded a 53.8% ratio, up from last year’s September 2013 at 46.4%, a 15.97% 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: September 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=650

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: September 2013 Inventory Analysis for the Tulsa MLS

Tulsa Real Estate Market Statistics: August 2013 Inventory Analysis for the Tulsa MLS — Report dated September 17, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during August 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have swung upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, continuing to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month.

However, average prices are relatively the same as last year. Homes are not appreciating at as high a rate as last month, indicating that the shortage of inventory is not as critical as it has been over the past couple of months and so home prices are stabilizing.

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

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

Quick Summary

Absorption: Last 12 months an average of 1,059 sales per month

Active Inventory: As of August 31, 2013 = 8,442

Closed Listings: 1,235 (up 9.2% over a year ago)

Pending Listings: 1,315 (up 30.72% over a year ago)

New Listings: 2,311 (down 4.35% below a year ago)

Average List Price: $176,097 (up 2.19% over a year ago)

Average Sale Price: $167,301 (up 0.60% over a year ago)

Average Percent of List Price to Selling Price: 97.22% (up 1.36% above a year ago)

Average Days on Market to Sale: 50.59 days (down 16.03% below a year ago)

End of Month Inventory: 8,442 (down 16.9% below a year ago)

Months Supply of Inventory: 7.97 months (down 25.58% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of August 2013 decreased 16.90% to 8,442 existing homes available for sale. Over the last 12 months this area has had an average of 1,059 closed sales per month. This represents an unsold inventory index of 7.97 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 0.60% in August 2013 to $167,301 versus the previous year at $166,297.

Average Days on Market Shortens

The average number of days that homes spent on the market before selling decreased by 9.66 days or 16.03% in August 2013 compared to last year’s same month at 60.25 DOM.

Sales Success for August 2013 is Positive

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

There were 2,311 New Listings in August 2013, down 4.35% from last year at 2,416. Furthermore, there were 1,235 Closed Listings this month versus last year at 1,131, a 9.20% increase.

Closed versus Listed trends yielded a 53.4% ratio, up from last year’s August 2013 at 46.8%, a 14.16% 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:

Tulsa Real Estate Market Statistics: August 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=640

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: August 2013 Inventory Analysis for the Tulsa MLS

Tulsa Real Estate Market Statistics: July 2013 Inventory Analysis for the Tulsa MLS — Report dated August 20, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during July 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have begun to swing upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, continuing to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month. Prices are continuing to rise at an even higher rate. Homes are appreciating at a rate higher than what has been considered normal (6% per year).

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

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

Quick Summary

Absorption: Last 12 months an average of 1,049 sales per month

Active Inventory: As of July 31, 2013 = 8,560

Closed Listings: 1,207 (up 7.58% over a year ago)

Pending Listings: 1,233 (up 8.92% over a year ago)

New Listings: 2,572 (up 2.88% over a year ago)

Average List Price: $185,848 (up 6.22% over a year ago)

Average Sale Price: $180,460 (up 7.51% over a year ago)

Average Percent of List Price to Selling Price: 97.0% (up 0.34% above a year ago)

Average Days on Market to Sale: 47.26 days (down 14.60% below a year ago)

End of Month Inventory: 8,560 (down 14.49% below a year ago)

Months Supply of Inventory: 8.16 months (down 23.65% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of July 2013 decreased 14.49% to 8,560 existing homes available for sale. Over the last 12 months this area has had an average of 1,049 closed sales per month. This represents an unsold inventory index of 8.16 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 7.51% in July 2013 to $180,460 versus the previous year at $167,852.

Average Days on Market Shortens

The average number of 47.26 days that homes spent on the market before selling decreased by 8.08 days or 14.60% in July 2013 compared to last year’s same month at 55.34 DOM.

Sales Success for July 2013 is Positive

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

There were 2,572 New Listings in July 2013, up 2.88% from last year at 2,500. Furthermore, there were 1,207 Closed Listings this month versus last year at 1,122, a 7.58% increase.

Closed versus Listed trends yielded a 46.9% ratio, up from last year’s July 2013 at 44.9%, a 4.56% 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: July 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=625

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: July 2013 Inventory Analysis for the Tulsa MLS

Tulsa Real Estate Market Statistics: June 2013 Inventory Analysis for the Tulsa MLS — Report dated July 29, 2013.

Tulsa Real Estate Market Inventory Analysis

Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during July 2013 indicates the market is continuing to get stronger.

Buyers are still purchasing properties even though interest rates have begun to swing upward from historic lows.

Sellers are putting their homes on the market at a bit higher rate than a year ago, helping to reduce the critical need for listing inventory by reversing the trend.

The active inventory and absorption rate is slightly higher than last month. Prices are continuing to rise back to rate that is closer to what it was ten years ago. Once again homes are appreciating at a rate close to normal (6% per year).

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

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

Quick Summary

Absorption: Last 12 months an average of 1,042 sales per month

Active Inventory: As of June 30, 2013 = 8,223

Closed Listings: 1,243 (up 11.88% over a year ago)

Pending Listings: 1,160 (up 10.69% over a year ago)

New Listings: 2,336 (down 3.51% below a year ago)

Average List Price: $188,700 (up 10.01% over a year ago)

Average Sale Price: $182,353 (up 10.74% over a year ago)

Average Percent of List Price to Selling Price: 97.05% (down 0.01% below a year ago)

Average Days on Market to Sale: 49.05 days (down 11.82% below a year ago)

End of Month Inventory: 8,223 (down 18.28% below a year ago)

Months Supply of Inventory: 7.89 months (down 27.45% below a year ago)

Analysis Wrap Up

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of June 2013 decreased 18.28% to 8,223 existing homes available for sale. Over the last 12 months this area has had an average of 1,042 closed sales per month. This represents an unsold inventory index of 7.89 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 10.74% in June 2013 to $182,353 versus the previous year at $164,673.

Average Days on Market Shortens

The average number of 49.05 days that homes spent on the
market before selling decreased by 6.58 days or 11.82% in June 2013 compared to last year’s same month at 55.63 DOM.

Sales Success for June 2013 is Positive

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

There were 2,336 New Listings in June 2013, down 3.51% from last year at 2,421. Furthermore, there were 1,243 Closed Listings this month versus last year at 1,111, a 11.88% increase.

Closed versus Listed trends yielded a 53.2% ratio, up from last year’s June 2013 at 45.9%, a 15.95% 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: June 2013 Inventory Analysis for the Tulsa MLS

Get Shortlink: http://midtowntulsarealestate.net/?p=604

  1. 1 bed, 1 full bath
    Home size: 720 sq ft
    Year built: 1970
    Parking spots: 1
    Days on market: 0
  2. 4 beds, 2 full, 1 part baths
    Home size: 3,260 sq ft
    Lot size: 8,886 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,707 sq ft
    Lot size: 7,013 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 1 full bath
    Home size: 1,337 sq ft
    Lot size: 7,187 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 1
  5. 3 beds, 1 full bath
    Home size: 1,080 sq ft
    Lot size: 10,585 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 1
  6. 3 beds, 2 full baths
    Home size: 1,705 sq ft
    Lot size: 6,795 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 1
  7. 4 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Lot size: 11,804 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  8. 3 beds, 1 full bath
    Home size: 1,647 sq ft
    Lot size: 7,013 sqft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
  9. 3 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 13,939 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 1
  10. 3 beds, 2 full baths
    Home size: 1,405 sq ft
    Lot size: 9,452 sqft
    Year built: 1967
    Parking spots: 2
    Days on market: 1

See all Residential Listings in the City of Tulsa.
(all data current as of 9/5/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

————————————————————–

Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: June 2013 Inventory Analysis for the Tulsa MLS