Thursday, March 4, 2010

Residential Real Estate Statistics for Broken Arrow, Jenks, Owasso, Tulsa, Bixby, and Union Public Schools

The following reports have been pcreated by Tom Allen, appraiser and reflect the trends in Residential real estate absorption rates in the Tulsa Oklahoma area including  Broken  Arrow, Jenks, Owasso, Bixby, and the Union Public School District.   It reflects an increasing length of market time based on the available inventory of single-family homes and the rate at which they are selling. On my radio program, The Future of Real Estate on KRMG,  I have been reporting that sales have been eclipsing the increase in inventory which would create a shortened market time. This latest data shows a  different story. Discussions with Mr. Allen Center around seasonal trends and the series of bad winter snowstorms and the Tulsa Oklahoma area which seemed to put a damper on sales. Regardless of the excuses, the numbers are the facts. Mr. Allen was recently a guest on my radio program and I was taken aback when he answered that  months of available inventory for homes in the Tulsa area were increasing. Rest assured, I will be discussing the latest data as it is available. Subscribe to The Baskin Report online and listen live at www.KRMG.com  Saturdays at noon central.

Darryl Baskin
The Baskin Real Estate Specialists
at McGraw Realtors

Serving Northeastern Oklahoma since 1989
www.darrylbaskin.com
www.baskincommercial.com
Member, TulsaLuxuryPropertyGroup.com
Recognized by Who's Who in Luxury Real Estate
A Recognized Allen Hainge CyberStar and Howard Brinton Star Power Star

 

 

 

 

Months supply of Inventory is calculated using the # of properties that sold PENDING during the

month.  NAR's caluation reflects the # of properties that CLOSED escrow during the month

 



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