June 2022 Real Estate Market Update – Edmond, Deer Creek, OKC, Yukon and Mustang
Our housing market in the OKC area is still very accelerated despite recent changes in interest rates.
*New* – I have included our first ever installment of “Numbers Ninja”! This gives a quick snapshot of the market to go along with our regular updates shown below. If you want to talk ideas about your Real Estate Wealth – just give me a call or text!
Video transcript: “This is oklahoma real estate with Chris Moore and this is Numbers Ninja. Hi, it’s Chris Moore with
CENTURY 21 here with your current market update. These are numbers for May 2022.
Right now in our market we have a 40-day supply that’s across the entire mls.
Now let’s talk about days on market – the average days on market in Oklahoma City mls right now is 19 days – but for the
good properties the ones that are in the best condition… in the best locations… only four days!
Let’s move on to pricing. The average sale price in our market right now is $296,000. That’s up from $259,000 last May.
That’s a 14% year-over-year increase. Lastly, Everyone loves talking about price per square foot. Right now the average sits at $156 per square foot up from last
year’s average (for May) of $133 per square foot.
Tune in next time as we take the market and break it down!