Here is a look at the Jenks, OK housing market as of January 25, 2021.Jenks Real Estate Market 2021-01-25
This article is a real estate market analysis for single-family homes in Jenks, Oklahoma for the period from October 25, 2020 through January 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.
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:
- 1) the hotness index for houses, calculating the ratio between active and pending MLS listings;
- 2) the velocity of the real estate market, showing how many houses are selling each month or the rate of sales for single-family homes;
- 3) 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);
- 4) 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absorption rate and comparing it to all the rooftops in the market (the active, pending, closed, expired, released and withdrawn listings in the MLS).
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.
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
Copyright © 2021 Deborah M. Durkee. ALL RIGHTS RESERVED — Jenks Housing Market Analysis – January 2021
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.
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