buyer preferences
Tulsa Metro top 10 cities
February 5, 2009 by Jim Bigelow · 1 Comment
Tulsa Metro top 10 cities
I just received the 2008 report for the North Eastern Oklahoma real estate by numbers of sales and Median price as compared to 2007.
The report does show that we sold 11.5% less home in 2008 as compared to 2007. I think the tightening of credit for some and the elimination of 100% plus financing explains this difference. It also show that Claremore, Collinsville, Jenks, Bartlesville home values increased by varying amounts. Owasso remained unchanged, While Broken Arrow, Sapulpa, Tulsa, Bixby, and Sand Springs home values decreased slightly.
Overall I think the report indicate our Real Estate market is fine, We are seeing some shifts in buyer preferences with respect for where they want to live – some of this may be due to City, County, and School district taxes.
In 2008
21, 432 homes were listed for sale.
10,539 home sold and closed.
With an average sales price of $147,118
The total value sold in December 2008 was $94,017,378
The total value sold YTD 2008 was $1,568,958,171
For a copy of the complete report by city for North Eastern Oklahoma which covers Adair, Poteau, Locust Grove, Nowata, Bartlesville, Dewey, Mannford, Cleveland, Oilton to Okmulgee and everything in between – Call me Jim Bigelow 918-640-4657, or email me: Jim@jimbigelow.com and please visit my websitewww.jimbigelow.com – where we will have some new upgrades coming by March 1st. and thank you for visiting Tulsasrealestateblog.com.
