The chart on the right (click to enlarge) represents October home sales in Edmond, specifically for homes that sold between $400-500K.
The light blue section represents existing home sales in Edmond, while the darker blue section outlines new construction sales in Edmond. Each of these segments is compared to the previous month and the previous year.
As you can see, in this particular price segment, existing homes experienced a decline in both average and median pricing, while new homes increased in year-to-year value. Both segments sold faster than this time last year.
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Here’s the post that outlines the October sales statistics for Edmond home sales between $100-200K
Here’s the post that outlines the October sales statistics for Edmond home sales between $200-300K
Here’s the post that outlines the October sales statistics for Edmond home sales between $300-400K
What are your thoughts on these stats in comparison to your perception of the current housing market in Edmond?
[where: Edmond, OK]
About Ryan Hukill
Good post, Ryan. I'm really liking the website layout as well – very clean and professionally done!
Houses in this range have been selling in our neighborhood, but there definitely has been a slowdown. The people I know who moved to Edmond did so via relocation packages from outside of OK. Not many sales to people simply looking to move up.
Steve, thanks for the compliments. The goal is always clean, simple, and professional.
We're also seeing an influx of out-of-state buyers. I believe the economy has a few folks out there thinking about finding a lower cost-of-living and, of course, our area is one of the most affordable in the country.
Great to hear from you. Keep your comments coming!