Year-Over-Year Comparison
Oct 2021 compared to Oct 2022
⬆️ Average sale price: $301,783 (up 12%)
⬇️ Total sales closed: 1,081 (down 30.30%)
⬆️ Avg. days on market: 22 days (up 22%)
⬇️ Pending sales: 1,024
Closed sales, pending sales, and new listings for October are noticeably lower, but here are some thoughts that you may or may not know in a housing market like this:
→ Good lender products are available for buyers and sellers in response to the continuing low inventory and its effects on all three areas above
→ Negotiations are a healthy part of the pending sales
→ Home buyers appreciate a well-priced home and work hard to complete transactions
There is more I can share! If you have questions or are wondering if now’s a good time to buy/sell, let’s meet! I am always happy to talk about your needs.
* stats are provided by tulsarealtors.com and include the following counties: Creek, Okmulgee, Osage, Pawnee, Rogers, Tulsa, and Wagoner