Here’s part 2 of the October home sales statistics for Edmond, OK. 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 […]
Edmond Home Sales $100-200K – October
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 […]
OKC Home Prices Slide While Sales Rise
Home prices in OKC and Edmond may have just taken a turn in favor of the buyers. With an already attractive cost of living in Central Oklahoma, things here are comfortable and it’s hard to imagine lower home prices. Here’s how the month of September shapes up in comparison to last month and this time […]
Seminole Pointe – A How-to on Pricing Analysis
When analyzing whether a home for sale is priced properly or not, there are several factors to evaluate. First, and most obviously, what’s been selling in the neighborhood, and for how much? I’ll use the Seminole Pointe addition of Edmond, located at NW 164th & May as an example: As you can see here, the […]
Summer Ridge, Edmond OK Activity Report, October 2008
A great client of ours is looking at a beautiful Jeff Click home in Summer Ridge that’s for sale by it’s first owner, so we’ve been looking into what’s going on lately in the neighborhood. Of course, I’m always interested too, since it’s one of the communities I had a part in building, so here’s what […]
Edmond Home Values Still Climbing in August
I think we’re all having a little trouble pinpointing the one thing that is sustaining our real estate market most, whether it be our oil-based industry or our modest home prices, or our overall low cost of living. Whatever the case, the reality is that we’re all benefiting from it. Take a look at the […]
OKC Hits the Top 10 for Home Value Rebound
No big surprise to those of us who live it every day, but Forbes.com just released their Top 10 list of markets most likely to see a rise in home values. Maybe we made the list due to the fact that our market has stayed strong, and we’ve not seen average or median values decrease? […]
More Proof of the Tortoise Smoking the Hare
I never tire of hearing ‘Oklahoma is #1’ and it’s quite satisfying when compared to major coastal markets like Southern California, Seattle, and Florida. This time though, we’re not talking college football, but instead it’s a reference to the old classic tale of the tortoise and the hare. More solid statistical data was just published […]
July Home Sales Up – But Barely
That’s right, sales are up, but not really enough to get excited about. It’s been a strange year, with overall good news, but unpredictability is the theme. Take a look: A 1.5% increase in homes sold from June to July isn’t great, but it’s progress, considering July was still down 16% over this time last […]