Market Condition Report - 7 county MSA - All prices - New construction and Pre-owned - Source: Tulsa MLS (NORES) - Compiled by Terradatum, Inc. - Thomas E Allen Appraisals, LLC

Slight decline in Median Price (Sold) - $131,000 average over 2 years.

 

On a linear trend basis, supply has been trending down. Supply has trended up the past 4 months.

 

 

March, 2010, Month's Supply of Inventory is favorably in the 4.0 Month's Supply range, the lowest in 2 years!

 

 

NAR calculates Month's Supply based on Sold-Closings and lags behind the previous graph that is based on contract activity.

 

 

Listings going to contract on a weekly basis. The last five weeks activity exceeds Past and Previous 12 week averages.

 

 

Need more information? Specific market information? Contact me.

 

 

Thomas E Allen, CRP, RAC Member

Thomas E Allen Appraisals, LLC

PO Box 702438

Tulsa, Ok 74170-2348

 

(918) 481 3500  FAX (918) 477 2044

TomAllen@TulsaCoxMail.com   or TomAllen@RAC.net   

"Some people spend an entire lifetime wondering if they made a difference in the world.  But the U.S. ARMED FORCES don't have that problem."  ...Ronald Reagan