Oklahoma City Metro Real Estate Market Report * February 2016 * Josh Barnett, Broker * Homes, Land, Farm & Ranch Expert
February 2016 Oklahoma City Metro Real Estate Market – Year over Year Stats
1) Total # Closed DECREASED (-6.11 %) - BAD
2) Total $ Volume DECREASED (-7.22 %) - BAD
3) Average Price DECREASED (-3.19 %) – BAD
4) Median Price DECREASED (-1.17%) - BAD
5) Selling Price to Listing Price BAD (From 98% down to 97%)
If it goes above 6% = Buyer’s Market
6) Days on the Market (now 63, last year 69) - GOOD
7) Inventory INCREASED (9.00 %) – BAD
How is the Oklahoma City Metro Real Estate Market for February 2016, the Oklahoma City Metro Real Estate Market is BAD for February 2016, compared year over year. We have 1 Good and 5 Bads. If you really want to sell your home right now, price it right and MOVE. With inventory rising, prices will have to drop. Stay tuned for March’s report!!!!!
As always, if you are thinking about Selling or Buying a home, call the Oklahoma Real Estate Crew at 405-315-7965, we help home owners and land owners sell their Real Estate. This Real Estate Market video has been completed by Josh Barnett, Managing Broker of Oklahoma Real Estate Crew. For a copy of the Oklahoma City Metro Association of Realtor (OKCMAR) stats, email Josh@OKRECrew.com and place in the subject line Feb 2016 Oklahoma City Metro Housing Stats.
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Have a Home to Sell? Click the link for your FREE Market Valuation http://www.okrecrew.com/Web/AR715912/WebForm/index/227607 * Oklahoma City Metro Association of Realtors (OKCMAR) * Stillwater Board of Realtors (SBOR) * Selling or Buying Real Estate
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