Market Update May 2017

How’s the real estate market in Edmond?

I can’t seem to go anywhere these days without someone asking me that question. The answer, our market’s a little fickle now. We’re seeing fewer showings per listing in several price┬áranges and inventory is up. As the graph below shows, our median sales price in Edmond has had some fluctuation in the last year but at $224,900, just five hundred bucks less than the same time last year. So, homes are selling it’s just taking a little longer.

Market Update

For the true data junkies, scroll to the bottom of the page and download the full report. It’s loaded with details about days on market, inventory numbers, and closed sales. For data specific to your zip code, neighborhood, or street complete the form at the bottom of the page.

Market Update

 

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