My OKC Metro Life’s “OKC Metro’s January Real Estate Market Update” in Real Estate Tips From Ronnie Jordan
We’re here to bring you the latest insights on the real estate market in the areas we serve. As we analyze December’s results, we can see that they were quite similar to November’s trends. Here’s a breakdown of the key statistics:
Average Sold Price: The average sold price decreased by 3.4% to $304,517.
Homes Sold: The number of homes sold dropped from 1,045 to 1,003, representing a 4% decrease.
DOM (Days on the Market): The average days on the market increased by two days to 39.
Although the data shows houses selling for slightly less and staying on the market a bit longer, it’s important to note that the winter months are typically slower for real estate. However, with Spring just around the corner and dropping interest rates, we anticipate a healthier start to the year compared to last year.
If you’re interested in data about your neighborhood, home, or suburb, don’t hesitate to reach out to us. We’re more than happy to provide you with a more specific analysis.
Stay tuned to Real Estate Tips From Ronnie Jordan for more updates as we continue to keep you informed about the OKC Metro real estate market. If you have any questions or if there’s anything else we can assist you with, feel free to contact us.