Oklahoma City Metro Real Estate Residential Market Report * December 2015 * Top Real Estate Broker / Agent * The Crew * Homes, Land, Farm & Ranch

 

December 2015 Oklahoma City Metro Real Estate Market – Year over Year Stats 

1) Total # Closed DECREASED (-6.12 %) - BAD

2) Total $ Volume DECREASED (-2.96 %) - BAD

3) Average Price INCREASED (3.37 %) – GOOD

4) Median Price INCREASED (1.93%) - GOOD

5) Average Interest Rate DECREASED – FROM 3.56 TO 3.48

6) Selling Price to Listing Price FLAT (From 97% flat to 97%) – If it goes above 6% = Buyer’s Market

7) Days on the Market (now 72, last year 64) - BAD

8) Inventory DECREASED (6.94 %) – BAD

 

How is the Oklahoma City / Edmond Real Estate Market for December 2015, the Oklahoma City / Edmond Metro Real Estate Market is Looking BAD AGAIN for December 2015, compared year over year.  These Stats mark the Third almost all negative month for the OKC / Edmond Real Estate Market, The FIRST 90% All BAD Month for the year, and out of 12 months of reporting the 7th BAD month.  Sellers need to be very competitive in Marketing their homes, this market is showing signs of Switching to a BUYERS market!!!!!

 

As always, if you are thinking about Selling or Buying a home, call us at 405-315-7965, the Oklahoma Real Estate Crew is here to help.  This Real Estate Market video has been completed by Josh Barnett, Broker Manager of Oklahoma Real Estate Crew and details from the stats can be found by clicking this link (Stats Found At…).  Please be sure to “like” this video and “share” with your friends. 

 

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