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Midtown Tulsa Absorption Rate Graph July 2016

Midtown Tulsa Real Estate Market Statistics: July 2016

Here are the market statistics for the three-month period from April 25, 2016 to July 25, 2016.

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 April 25, 2016 to July 25, 2016)

Here are the latest 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: 1
Median Year Built: 1948
Average Square Footage (heated space): 1,941
Average Acreage: 0.26
Average List Price: $273,974.00
Average List Price Per Square Foot: $141.15
Average Sales Price: $265,947.00
Average Sales Price Per Square Foot: $137.02
Average Sales Price to List Price Ratio: 97.70%
Average Cumulative Days on Market: 55
Months Supply of Homes: 2.92
Odds of Selling in 90 Days: 35.06%

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: 1942
Average Square Footage (heated space): 1,101
Average Acreage: 0.18
Average List Price: $75,495.00
Average List Price Per Square Foot: $68.57
Average Sales Price: $72,796.00
Average Sales Price Per Square Foot: $66.12
Average Sales Price to List Price Ratio: 98.49%
Average Cumulative Days on Market: 51
Months Supply of Homes: 1.90
Odds of Selling in 90 Days: 43.45%

$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: 1952
Average Square Footage (heated space): 1,361
Average Acreage: 0.20
Average List Price: $128,325.00
Average List Price Per Square Foot: $94.29
Average Sales Price: $125,898.00
Average Sales Price Per Square Foot: $92.50
Average Sales Price to List Price Ratio: 98.13%
Average Cumulative Days on Market: 47
Months Supply of Homes: 1.86
Odds of Selling in 90 Days: 42.48%

$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): 1,716
Average Acreage: 0.21
Average List Price: $193,981.00
Average List Price Per Square Foot: $113.04
Average Sales Price: $189,029.00
Average Sales Price Per Square Foot: $110.16
Average Sales Price to List Price Ratio: 97.58%
Average Cumulative Days on Market: 45
Months Supply of Homes: 1.98
Odds of Selling in 90 Days: 42.05%

$250,000 to $350,000

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: 1948
Average Square Footage (heated space): 2,185
Average Acreage: 0.32
Average List Price: $312,512.00
Average List Price Per Square Foot: $143.03
Average Sales Price: $304,457.00
Average Sales Price Per Square Foot: $139.34
Average Sales Price to List Price Ratio: 97.58%
Average Cumulative Days on Market: 46
Months Supply of Homes: 2.56
Odds of Selling in 90 Days: 33.01%

$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: 1955
Average Square Footage (heated space): 2,793
Average Acreage: 0.35
Average List Price: $412,726.00
Average List Price Per Square Foot: $147.77
Average Sales Price: $396,974.00
Average Sales Price Per Square Foot: $142.13
Average Sales Price to List Price Ratio: 96.27%
Average Cumulative Days on Market: 68
Months Supply of Homes: 4.33
Odds of Selling in 90 Days: 30.34%

$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: 1953
Average Square Footage (heated space): 3,242
Average Acreage: .29
Average List Price: $537,700.00
Average List Price Per Square Foot: $165.85
Average Sales Price: $518,637
Average Sales Price Per Square Foot: $159.97
Average Sales Price to List Price Ratio: 96.75%
Average Cumulative Days on Market: 112
Months Supply of Homes: 3.60
Odds of Selling in 90 Days: 31.65%

$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: 1975
Average Square Footage (heated space): 3,539
Average Acreage: 0.44
Average List Price: $700,711.00
Average List Price Per Square Foot: $198.00
Average Sales Price: $679,795.00
Average Sales Price Per Square Foot: $192.09
Average Sales Price to List Price Ratio: 97.10%
Average Cumulative Days on Market: 60
Months Supply of Homes: 7.26
Odds of Selling in 90 Days: 19.79%

$800,000 to $1,200,000

Average Number of Bedrooms: 4
Average Number of Full Bathrooms: 4
Average Number of Half Bathrooms: 1
Average Number of Garage Spaces: 2
Median Year Built: 1939
Average Square Footage (heated space): 4,982
Average Acreage: 0.41
Average List Price: $1,037,618
Average List Price Per Square Foot: $208.27
Average Sales Price: $991,000
Average Sales Price Per Square Foot: $198.92
Average Sales Price to List Price Ratio: 95.53%
Average Cumulative Days on Market: 80
Months Supply of Homes: 7.91
Odds of Selling in 90 Days: 20.00%

Above $1,200,000

Average Number of Bedrooms: 6
Average Number of Full Bathrooms: 5
Average Number of Half Bathrooms: 2
Average Number of Garage Spaces: 4
Median Year Built: 1945
Average Square Footage (heated space): 6,973
Average Acreage: 1.44
Average List Price: $2,036,250.00
Average List Price Per Square Foot: $292.02
Average Sales Price: $2,013,750.00
Average Sales Price Per Square Foot: $288.79
Average Sales Price to List Price Ratio: 98.59%
Average Cumulative Days on Market: 163
Months Supply of Homes: 13.50
Odds of Selling in 90 Days: 12.12%

Statistics compiled by Debbie Solano, ALC, CRS, from data provided by NORES and the Greater Tulsa Association of REALTORS® for the period from April 25, 2016 through July 25, 2016.

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.

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________________________________________________________________________
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 © 2016 by Deborah M. Solano — ALL RIGHTS RESERVED — Tulsa Real Estate Web — Midtown Tulsa Real Estate Market Statistics: July 2016