Here is a look at the midtown Tulsa, OK housing market as of January 25, 2021.Midtown Tulsa Real Estate Market 2021-01-25
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 midtown Tulsa, OK.Midtown Tulsa Absorption Rate vs Time Graph January 2021
This article is an analysis of the market for single-family homes in midtown Tulsa, Oklahoma for the period from October 2020 through January 25, 20201. It analyzes the trends and shifts in the real estate market for houses in midtown Tulsa since the previous month (December 2020).
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absorption rate and comparing it to all the rooftops in the market (the active, pending, closed, expired, released and withdrawn listings in the MLS).
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.
To search for homes for sale (single-family houses for sale) in Midtown Tulsa, go to Midtown Tulsa Homes for Sale
To see an interactive map of midtown Tulsa neighborhoods, more specifically, the INCOG map of the City of Tulsa’s neighborhood associations, go to Tulsa Neighborhood Associations
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.
Copyright © 2021 Deborah M. Durkee. ALL RIGHTS RESERVED — Midtown Tulsa Housing Market Analysis – January 2021
Furthermore, if you are interested in selling your midtown Tulsa 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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