12/06/2023
Market Update for Oklahoma City, OK
📅 Date: October 2023
👩💼 Name and Title: Vickie Bates, REALTOR®
Dear Buyers and Sellers,
🏢 Company: Brix Realty
✨ Exciting news! Here's a comprehensive update on the current market trends in Oklahoma City, OK. Stay informed and make the best decisions for your real estate needs! ✨
📈 Months Supply of Inventory: Currently, there is a 1.03 months supply of inventory in Oklahoma City, OK. Over the last 12 months, this supply has decreased by an impressive -52.09%. This indicates a highly competitive market where demand is outpacing available listings.
💰 List to Sold Price: Sellers, you'll be delighted to know that the list to sold price percentage is 100%. This means that properties are being sold at their listed price, maximizing your return on investment.
⏰ Median Days on Market: Homes in Oklahoma City, OK are flying off the market! The median days on market is just 24 days. This quick turnaround suggests a strong demand for properties, making it an opportune time for sellers to list their homes.
💲 Median Sold Price: The median sold price in Oklahoma City, OK is $77,500. This figure represents the middle point of all sold prices, providing insight into the overall price range of homes in the area.
Whether you're planning to buy or sell in Oklahoma City, OK, understanding these market trends is crucial for a successful real estate journey. As your dedicated REALTOR®, I'm here to guide you through the process and help you achieve your goals.
Feel free to reach out to me for a personalized consultation or any questions you may have. Let's navigate the market together!
Best regards,
Vickie Bates, REALTOR®