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Posts by: "Debbie Solano"
Tulsa Real Estate Market Statistics: November 2013 Inventory Analysis for the Tulsa MLS
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 November 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
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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
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
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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
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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
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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
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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
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
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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
Tulsa Real Estate Market Statistics: May 2013 Inventory Analysis for the Tulsa MLS
Tulsa Real Estate Market Statistics: May 2013 Inventory Analysis for the Tulsa MLS — Report dated June 13, 2013.
Tulsa Real Estate Market Inventory Analysis
Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during May 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 1,027 sales per month
Active Inventory: As of May 31, 2013 = 7,671
Closed Listings: 1,259 (up 10.34% over a year ago)
Pending Listings: 1,352 (up 21.91% over a year ago)
New Listings: 2,587 (up 10.13% below a year ago)
Average List Price: $178,391 (up 5.55% over a year ago)
Average Sale Price: $172,259 (up 5.82% over a year ago)
Average Percent of List Price to Selling Price: 97.33% (down 0.14% below a year ago)
Average Days on Market to Sale: 50.34 days (down 13.27% below a year ago)
End of Month Inventory: 7,671 (down 20.94% below a year ago)
Months Supply of Inventory: 7.47 months (down 29.52% below a year ago)
Analysis Wrap Up
Months Supply of Inventory (MSI) Decreases
The total housing inventory at the end of May 2013 decreased 20.94% to 7,671 existing homes available for sale. Over the last 12 months this area has had an average of 1,027 closed sales per month. This represents an unsold inventory index of 7.47 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 5.82% in May 2013 to $172,259 versus the previous year at $162,781.
Average Days on Market Shortens
The average number of 50.34 days that homes spent on the
market before selling decreased by 7.7 days or 13.27% in
May 2013 compared to last year’s same month at 58.04
DOM.Sales Success for May 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 2,587 New Listings in May 2013, down 10.13%
from last year at 2,349. Furthermore, there were 1,259 Closed
Listings this month versus last year at 1,141, a 10.34% increase.Closed versus Listed trends yielded a 48.7% ratio, up from last
year’s May 2013 at 48.6%, a 0.19% 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: May 2013 Inventory Analysis for the Tulsa MLS
Get Shortlink: http://midtowntulsarealestate.net/?p=559
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Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: May 2013 Inventory Analysis for the Tulsa MLS
Tulsa Real Estate Market Statistics: April 2013 Inventory Analysis for the Tulsa MLS
Tulsa Real Estate Market Statistics: April 2013 Inventory Analysis for the Tulsa MLS — Report dated May 15, 2013.
Tulsa Real Estate Market Inventory Analysis
Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during April 2013 indicates the market is getting stronger. The buyers are still coming out in force and sellers are beginning to put their homes on the market. This has caused the inventory is still falling and the prices are continuing to creep up.
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 1,015 sales per month
Active Inventory: As of April 30, 2013 = 7,448
Closed Listings: 1,191 (up 15.88% over a year ago)
Pending Listings: 1,391 (up 14.67% over a year ago)
New Listings: 2,395 (down 10.37% below a year ago)
Average List Price: $170,467 (up 2.65% over a year ago)
Average Sale Price: $165,371 (up 3.49% over a year ago)
Average Percent of List Price to Selling Price: 96.84% (down 0.23% below a year ago)
Average Days on Market to Sale: 55.14 days (down 5.89% below a year ago)
End of Month Inventory: 7,448 (down 21.47% below a year ago)
Months Supply of Inventory: 7.33 months (down 30.63% below a year ago)
Analysis Wrap Up
Months Supply of Inventory (MSI) Decreases
The total housing inventory at the end of April 2013 decreased 21.47% to 7,448 existing homes available for sale. Over the last 12 months this area has had an average of 1,015 closed sales per month. This represents an unsold inventory index of 7.33 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 3.49% in April 2013 to $165,371 versus the previous year at $159,796.
Average Days on Market Shortens
The average number of 55.14 days that homes spent on the
market before selling decreased by 3.45 days or 5.89% in
April 2013 compared to last year’s same month at 58.59
DOM.Sales Success for April 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 2,395 New Listings in April 2013, down 10.37%
from last year at 2,672. Furthermore, there were 1,191 Closed
Listings this month versus last year at 1,034, a 15.18% increase.Closed versus Listed trends yielded a 49.7% ratio, up from last
year’s April 2013 at 38.7%, a 28.51% 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: April 2013 Inventory Analysis for the Tulsa MLS
Get Shortlink: http://midtowntulsarealestate.net/?p=526
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Copyright© 2013 by Debbie Solano — ALL RIGHTS RESERVED — Midtown Tulsa Real Estate — Tulsa Real Estate Market Statistics: April 2013 Inventory Analysis for the Tulsa MLS
Tulsa Real Estate Market Statistics: March 2013 Inventory Analysis for the Tulsa MLS
Tulsa Real Estate Market Statistics: March 2013 Inventory Analysis for the Tulsa MLS — Report dated April 12, 2013.
Tulsa Real Estate Market Inventory Analysis
Tulsa Real Estate Market Inventory Analysis for the Tulsa MLS during March 2013 indicates the market is getting stronger. The buyers are out in force, but sellers are still reluctant to put their homes on the market. This has caused the inventory to fall and the prices are beginning to creep up.
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 1,002 sales per month
Active Inventory: As of March 31, 2013 = 7,313
Closed Listings: 1,134 (up 13.86 % over a year ago)
Pending Listings: 1,345 (up 22.38% over a year ago)
New Listings: 2,335 (down 14.37% below a year ago)
Average List Price: $174,826 (up 12.86% over a year ago)
Average Sale Price: $168,871 (up 12.91% over a year ago)
Average Percent of List Price to Selling Price: 97.76% (up 2.65% over a year ago)
Average Days on Market to Sale: 58.9 days (down 9.30% below a year ago)
End of Month Inventory: 7,313 (down 21.26% below a year ago)
Months Supply of Inventory: 7.3 months (down 30.27% below a year ago)
Analysis Wrap Up
Months Supply of Inventory (MSI) Decreases
The total housing inventory at the end of March 2013
decreased 21.26% to 7,313 existing homes available for sale.
Over the last 12 months this area has had an average of 1,002
closed sales per month. This represents an unsold inventory
index of 7.30 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 12.91% in March
2013 to $168,871 versus the previous year at $149,560.Average Days on Market Shortens
The average number of 58.90 days that homes spent on the
market before selling decreased by 6.04 days or 9.30% in
March 2013 compared to last year’s same month at 64.94
DOM.Sales Success for March 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 2,335 New Listings in March 2013, down 14.37%
from last year at 2,727. Furthermore, there were 1,134 Closed
Listings this month versus last year at 996, a 13.86% increase.Closed versus Listed trends yielded a 48.6% ratio, up from last
year’s March 2013 at 36.5%, a 32.97% 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: March 2013 Inventory Analysis for the Tulsa MLS
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