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, 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.

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