Blog

Midtown Tulsa Absorption Rate vs Time Graph showing change in the rolling three-month absorption rate by price point for midtown Tulsa -- April 25, 2017

Midtown Tulsa Real Estate Market Statistics: April 2017

How Fast Will I Be Able to Sell my House in Midtown Tulsa?

Here is a graph showing the change in the rolling 90-day absorption rate for houses in midtown Tulsa. Notice how market is slowing down at some price points and speeding up at other price points. It varies from month to month and so watch this graph every month to see the direction the market is moving in your price point. Then call Debbie Solano at 918-724-8201 if you want to know how the market is moving in your neighborhood.

Midtown Absorption Rate vs Time Graph 2017-04-25

Here are the market statistics for the three-month period from January 25, 2017 to April 25, 2017.

Compare these statistics with previous months’ statistics and see the trends for yourself.

Midtown Tulsa Real Estate Sales Statistics for Homes Sold by Price Point

(for the three-month period from January 25, 2017 to April 25, 2017)

Here are the latest real estate market statistics for Midtown Tulsa.

Overall Average

  • Average Number of Bedrooms: 3
  • Average Number of Full Bathrooms: 2
  • Average Number of Half Bathrooms: 0
  • Average Number of Garage Spaces: 2
  • Median Year Built: 1947
  • Average Square Footage (heated space): 1,923
  • Average Acreage: 0.23
  • Average List Price: $263,864.00
  • Average List Price Per Square Foot: $137.21
  • Average Sales Price: $250,874.00
  • Average Sales Price Per Square Foot: $130.46
  • Average Sales Price to List Price Ratio: 96.66%
  • Average Cumulative Days on Market: 80
  • Months Supply of Homes: 3.45
  • Odds of Selling in 90 Days: 27.93%

Up to $100,000

  • Average Number of Bedrooms: 2
  • Average Number of Full Bathrooms: 1
  • Average Number of Half Bathrooms: 0
  • Average Number of Garage Spaces: 1
  • Median Year Built: 1945
  • Average Square Footage (heated space): 1,130
  • Average Acreage: 0.20
  • Average List Price: $79,402.00
  • Average List Price Per Square Foot: $70.27
  • Average Sales Price: $76,090.00
  • Average Sales Price Per Square Foot: $67.34
  • Average Sales Price to List Price Ratio: 97.50%
  • Average Cumulative Days on Market: 67
  • Months Supply of Homes: 1.26
  • Odds of Selling in 90 Days: 41.91%

$100,000 to $150,000

  • Average Number of Bedrooms: 3
  • Average Number of Full Bathrooms: 1
  • Average Number of Half Bathrooms: 0
  • Average Number of Garage Spaces: 1
  • Median Year Built: 1949
  • Average Square Footage (heated space): 1,394
  • Average Acreage: 0.20
  • Average List Price: $131,388.00
  • Average List Price Per Square Foot: $94.25
  • Average Sales Price: $127,715.00
  • Average Sales Price Per Square Foot: $91.62
  • Average Sales Price to List Price Ratio: 97.19%
  • Average Cumulative Days on Market: 62
  • Months Supply of Homes: 2.15
  • Odds of Selling in 90 Days: 33.94%

$150,000 to $250,000

  • Average Number of Bedrooms: 3
  • Average Number of Full Bathrooms: 2
  • Average Number of Half Bathrooms: 0
  • Average Number of Garage Spaces: 1
  • Median Year Built: 1939
  • Average Square Footage (heated space): 1,756
  • Average Acreage: 0.22
  • Average List Price: $201,482.00
  • Average List Price Per Square Foot: $114.74
  • Average Sales Price: $194,739.00
  • Average Sales Price Per Square Foot: $110.90
  • Average Sales Price to List Price Ratio: 97.13%
  • Average Cumulative Days on Market: 61
  • Months Supply of Homes: 1.91
  • Odds of Selling in 90 Days: 35.29%

$250,000 to $350,000

  • Average Number of Bedrooms: 3
  • Average Number of Full Bathrooms: 2
  • Average Number of Half Bathrooms: 1
  • Average Number of Garage Spaces: 2
  • Median Year Built: 1945
  • Average Square Footage (heated space): 2,158
  • Average Acreage: 0.24
  • Average List Price: $317,200.00
  • Average List Price Per Square Foot: $146.99
  • Average Sales Price: $301,598.00
  • Average Sales Price Per Square Foot: $139.76
  • Average Sales Price to List Price Ratio: 95.17%
  • Average Cumulative Days on Market: 111
  • Months Supply of Homes: 2.73
  • Odds of Selling in 90 Days: 28.21%

$350,000 to $450,000

  • Average Number of Bedrooms: 3
  • Average Number of Full Bathrooms: 2
  • Average Number of Half Bathrooms: 1
  • Average Number of Garage Spaces: 2
  • Median Year Built: 1950
  • Average Square Footage (heated space): 2,800
  • Average Acreage: 0.31
  • Average List Price: $412,905.00
  • Average List Price Per Square Foot: $147.47
  • Average Sales Price: $399,776.00
  • Average Sales Price Per Square Foot: $142.78
  • Average Sales Price to List Price Ratio: 96.88%
  • Average Cumulative Days on Market: 104
  • Months Supply of Homes: 5.53
  • Odds of Selling in 90 Days: 22.89%

$450,000 to $600,000

  • Average Number of Bedrooms: 4
  • Average Number of Full Bathrooms: 3
  • Average Number of Half Bathrooms: 1
  • Average Number of Garage Spaces: 2
  • Median Year Built: 1954
  • Average Square Footage (heated space): 3,315
  • Average Acreage: .31
  • Average List Price: $544,500.00
  • Average List Price Per Square Foot: $164.25
  • Average Sales Price: $518,828
  • Average Sales Price Per Square Foot: $156.51
  • Average Sales Price to List Price Ratio: 95.40%
  • Average Cumulative Days on Market: 112
  • Months Supply of Homes: 9.38
  • Odds of Selling in 90 Days: 14.41%

$600,000 to $800,000

  • Average Number of Bedrooms: 4
  • Average Number of Full Bathrooms: 3
  • Average Number of Half Bathrooms: 1
  • Average Number of Garage Spaces: 2
  • Median Year Built: 1955
  • Average Square Footage (heated space): 3,627
  • Average Acreage: 0.30
  • Average List Price: $724,257.00
  • Average List Price Per Square Foot: $199.68
  • Average Sales Price: $696,599.00
  • Average Sales Price Per Square Foot: $192.06
  • Average Sales Price to List Price Ratio: 96.24%
  • Average Cumulative Days on Market: 133
  • Months Supply of Homes: 10.00
  • Odds of Selling in 90 Days: 15.15%

$800,000 to $1,200,000

  • Average Number of Bedrooms: 4
  • Average Number of Full Bathrooms: 3
  • Average Number of Half Bathrooms: 1
  • Average Number of Garage Spaces: 3
  • Median Year Built: 1939
  • Average Square Footage (heated space): 4,530
  • Average Acreage: 0.48
  • Average List Price: $930,400
  • Average List Price Per Square Foot: $205.39
  • Average Sales Price: $880,000.00
  • Average Sales Price Per Square Foot: $194.26
  • Average Sales Price to List Price Ratio: 94.62%
  • Average Cumulative Days on Market: 192
  • Months Supply of Homes: 12.60
  • Odds of Selling in 90 Days: 12.82%

Above $1,200,000

  • Average Number of Bedrooms: 4
  • Average Number of Full Bathrooms: 5
  • Average Number of Half Bathrooms: 2
  • Average Number of Garage Spaces: 3
  • Median Year Built: 2001
  • Average Square Footage (heated space): 6,729
  • Average Acreage: 0.48
  • Average List Price: $1,958,000.00
  • Average List Price Per Square Foot: $290.98
  • Average Sales Price: $1,650,000.00
  • Average Sales Price Per Square Foot: $245.21
  • Average Sales Price to List Price Ratio: 88.16%
  • Average Cumulative Days on Market: 162
  • Months Supply of Homes: 22.00
  • Odds of Selling in 90 Days: 10.00%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from January 25, 2017 to April 25, 2017.

Area covered includes single-family houses located between I-244 and I-44 from River Parks to Sheridan.

Information is deemed reliable, but not guaranteed. Does not reflect all market activity.

Get Shortlink: http://www.tulsarealestateweb.com/?p=4085
________________________________________________________________________
Debbie Solano is an Accredited Land Consultant and Certified Residential Specialist with a Broker-Associate license which hangs at the Midtown Tulsa office of Coldwell Banker Select REALTORS®. She would enjoy your feedback or questions. She can be reached at 918-724-8201 or dsolano@cbTulsa.com.

Copyright © 2017 by Deborah M. Solano — ALL RIGHTS RESERVED — Tulsa Real Estate Web — Midtown Tulsa Real Estate Market Statistics: April 2017