Midtown Tulsa Real Estate Market Statistics: April 2016

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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.

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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: April 2016