Jenks, OK Housing Market Analysis

Here is a look at the Jenks, OK housing market as of February 25, 2021.

Jenks Real Estate Market 2021-02-25

The following graph shows the change in the 3-month absorption rate over the past twelve months for single-family homes (i.e., houses) in Jenks, OK.

Jenks Absorption Rate vs Time Graph Feb 2021

This article is a real estate market analysis for single-family homes in Jenks, Oklahoma for the period from November 25, 2020 through February 25, 2021. It is an analysis of trends and shifts in the real estate market for houses in the City of Jenks together with the Jenks Public School District since the previous month (January 2021).

This post is a study of the supply and demand for single-family homes, an analysis of the housing market for houses, using MLS statistics for houses (single-family homes) to show:

the hotness index for houses, calculating the ratio between pending and active MLS listings;
the velocity of the real estate market, showing how many houses are selling each month
the 3-month absorption rate, showing the current supply of houses on the market or how long it will take to sell all the houses currently on the market (assuming no other single-family homes come on the market);
the odds of selling over the next 90 days, using the absorption rate and comparing it to all the rooftops in the market (the active, pending, closed, expired, released and withdrawn listings in the MLS).

This analysis will show the market trends in order to spot shifts in the market. Graphs show the change in the 3-month absorption rate and show whether a particular price point is in a buyer’s market or a seller’s market.

Methodology

Jenks Houses at All Price Points

Jenks Houses Priced Up to $100,000

Jenks Houses Priced from $100,000 to $150,000

Jenks Houses Priced from $150,000 to $200,000

Jenks Houses Priced from $200,000 to $250,000

Jenks Houses Priced from $250,000 to $300,000

Jenks Houses Priced from $300,000 to $350,000

Jenks Houses Priced from $350,000 to $400,000

Jenks Houses Priced from $400,000 to $500,000

Jenks Houses Priced from $500,000 and Above

Debbie Durkee can send you the raw data that went into the above market analysis. The data comes from what we call a comparative analysis.

Helpful Links

To search for homes for sale (single-family houses for sale) in Jenks Schools, go to Homes for Sale in Jenks Public Schools

To search for homes for sale (single-family houses for sale) in the City of Jenks, go to Homes for Sale in the City of Jenks, OK

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Furthermore, if you are interested in selling your Jenks home and choose to list with Debbie, she will provide a detailed analysis of the market in your neighborhood or school district so that you can decided the best list price for your home, so it will sell.

Please fill out the form below to get started.