Mitch Biesemeyer - Realtor

Mitch Biesemeyer - Realtor Educating and Assisting People Looking to Buy or Sell Real Estate Around the OKC Metro!

06/08/2026

Inventory is up 20-25% across every major Oklahoma price range.

But sales are up too.

⬆️ Under $200k: +15%
⬆️ $200k-$300k: +16%
⬆️ $300k-$400k: +14%
⬇️ $400k-$500k: -3%
⬆️ Over $500k: +14%

More choices. More sales. A more balanced market.

06/01/2026

A really important trend is developing in the Oklahoma housing market right now.

In several OKC metro cities, MORE than half of recent closings sold below their original list price. At the same time, homes with reductions are sitting significantly longer on the market.

📍 Noble: 71% below original list
📍 Piedmont: 62%
📍 Yukon: 59%
📍 Norman: 58%
📍 OKC: 58%

And homes with reductions in some areas are averaging 50-80+ days on market before selling.

The big takeaway? Buyers are still active… but overpriced homes are getting exposed quickly. The first couple weeks on the market matter more than ever right now.

For buyers, this could create opportunities for better pricing, concessions, or repairs on homes that have been sitting.

If you want to know what strategy makes the most sense in your specific area or price range, send me a message.

05/18/2026

This is one of the most interesting shifts happening in the OKC metro market right now.

Showings per listing are flat or DOWN in most areas… but contracts are SURGING in places like Mustang, Choctaw, Moore, and Edmond.

That tells me buyers are becoming MUCH more selective — but still very active when the right home hits the market.

We may officially be entering the phase where pricing strategy matters more than ever.

Full breakdown in today’s market update. 👇

05/11/2026

Seller concessions are still fairly modest as a percentage of sales price, but the recent movement is worth paying attention to.

Some areas around the OKC metro are seeing concessions rise quickly, while others are actually seeing them fall. That means buyer leverage is not moving the same way everywhere.

The takeaway: buyers may have more room to negotiate in certain pockets, but sellers are not giving up control across the entire metro.

If you want to know what concessions look like in your city or price range, send me a message.

04/20/2026

The Gap Between Existing and New Homes in OKC Is Tightening

A lot of buyers still think new construction is automatically way more expensive than an existing home.

But when you compare price per square foot across the OKC metro, that gap has gotten a lot tighter.

Existing homes are still generally cheaper. But in many areas, new construction is only modestly higher than buyers expect — and that is before you account for builder incentives like rate buydowns, closing cost help, and upgrades.

That changes the math.

So if you are shopping right now, this is a really good reminder: the “existing vs new” decision is no longer as obvious as it used to be.

If you want help comparing options in your city or budget range, message me.

04/13/2026

How Fast Should a Home Sell in Today’s OKC Market?

One of the biggest mistakes people make is assuming every home in the OKC metro should sell on the same timeline.

That is not how this market works right now.

These numbers show that some price ranges and cities are still moving pretty quickly, while others naturally take longer. That does not automatically mean something is wrong with the listing. It often just means the property is sitting in a slower-moving segment of the market.

That is why timing expectations matter so much.
A home that takes 40+ days in one segment may still be completely normal.
A home taking that long in another segment may be a warning sign.

If you want a realistic idea of what timeline your home should be on, send me your city and price range.

04/06/2026

Mortgage rates have pushed back up to about 6.45%, which obviously adds pressure for buyers.

But here’s what makes the current market interesting: median home prices in the OKC metro have still climbed for three straight months — from $250,000 in January to $259,000 in February to $270,000 in March.

So while rates have made affordability tougher, they have not shut demand down.

That’s the kind of nuance broad real estate headlines miss.
If you want a local breakdown for your area, send me a message.

03/30/2026

One of the clearest trends in the OKC metro right now is that the number of homes for sale has risen across nearly every major area.

Normally, people assume that means buyers should suddenly be getting much bigger discounts.

But the data says otherwise.

When you compare what homes are actually selling for versus list price, most cities are still very close to where they were a year ago. So while buyers may have more choices, they do not necessarily have dramatically more leverage on price.

That’s the kind of nuance that gets missed in broad real estate headlines.

If you want a quick breakdown for your specific area, send me a message.

03/16/2026

These two OKC metro charts tell a really important story.

Some cities have seen huge appreciation since 2021 — but that does not automatically mean sellers are in control right now. In several areas, sellers are still giving up meaningful concessions to close deals.

That’s the kind of disconnect most people miss when they only look at one number.

Real estate is local.
And timing matters just as much as long-term growth.

If you want help understanding what your city or neighborhood looks like right now, send me a message.

03/09/2026

If you want to know where the real demand is in the OKC metro, look at showings.

The latest data shows the strongest buyer attention is still happening in the lower price ranges, especially under $200K. After that, showing activity drops gradually as prices rise.

By city, some areas are seeing stronger buyer activity than others. Moore, Edmond, and Choctaw are standing out, while other cities are flat or even down year over year.

The takeaway?
This isn’t one big metro trend — it’s a price-by-price, city-by-city market right now.

If you want a quick read on your neighborhood, send me your city and price range.

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360 24th Avenue NW, # 126
Norman, OK
73069

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