With the increasing consumer concern in the marketplace, I’ve begun delving deeper into overall sales statistics lately. I used to just publish overall numbers, but I get much more specific questions these days from Edmond home builders, and home buyers, and it’s been enlightening to see exactly which price segments are being hardest hit by the current slowdown.
Here’s a breakdown of October home sales in Edmond, specifically for homes that sold between $100-200K:
The light blue section represents existing home sales in Edmond, while the darker blue section outlines new construction in Edmond. Each of these segments is compared to the previous month and the previous year.
Rather than bombarding my readers with a ton of confusing data, I’m only publishing one price segment at a time, so if you’re interested in different denominations, go ahead and subscribe to our feed and you’ll get the subsequent posts delivered straight to you.
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
I should have clarified, DOM = Days On Market