Subject: Monday Morning Market Condition Report - April, 2010, data included - 7 county MSA, All Prices, Pre-owned and New Construction in MLS, SINGLE-FAMILY RESIDENTIAL ONLY! Source: NORES (Tulsa MLS)
Average and Median Prices trend slightly down & considered stable. April, 2010, Median Price was $129,900.
April, 2010, Average Sold Price $153,927.
Supply and Demand on a linear basis trends are steady. Supply/Demand trending up in past 2 to 3 months.
Significant Month’s Supply of Inventory statistic for April, 2010. (Based on contracts being written monthly)
NAR MSI is based on closings during month and lags behind previous chart based on contracts being written.
Linear trend is slightly up but last 4 months demonstrate favorable activity of contracts being written.
Need to know more about micro markets and/or price ranges? 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
Relocation appraisals, destination due diligence, loss mitigation, REO analysis-appraisal, consulting, mortgage loan appraisals for origination, review appraisals, market condition analysis, forensic studies, and collateral value estimates.
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