Midtown Tulsa Real Estate Market Statistics: February 2016

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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.

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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: February 2016