How HOT is the Oklahoma City Real Estate Market?

April Oklahoma City Real Estate Market

How HOT is the Oklahoma City Real Estate Market?

You’ve probably seen news or read online about the current U.S.real estate market.  It seems like everyone is talking about how hot real estate is across the U.S.  

What about here in the OKC metro?  

Well the Oklahoma City Real Estate market is on FIRE!

According to April’s MLSOK Report for single family homes

-         New Listings increased 23% YOY (year-over-year)

-         Pending Sales increased 41% YOY

-         Inventory decreased -54% YOY

-         Median Sales Price increased 11% YOY

-         Average Days on Market decreased - 36% YOY

-         Month’s Supply of Inventory decreased - 60% YOY

-         99.3% Average listings holding list price

With demand at an all-time high, and supply at an all-time low, now is the ideal time to sell! If you’re thinking about selling your home, we will get you specific market data for your area and price range. We will provide you with a FREE market analysis. What are you waiting for? Contact us today!

 

 

*Current as of May 7, 2021. All data from MLSOK. Report ©2021

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