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Blog by Jane Whitby
Tulsa, Oklahoma

Information relating to living and growing in the Tulsa area.

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Tulsa Area Real Estate and more Blog...

Tulsa Market Statistics

Jun. 5, 2007
Categorized in: Tulsa Real Estate

The following statistics are based on single family homes is specific school districts. 

TULSA School District

The market in Tulsa would appear to be in a SELLERS market because there is only a 5 month supply of homes on the market.  This means at the current rate of sale it would take 5 months to sell all of the homes that are currently on the market if no more homes came up for sale.  This is pretty consistent through most of the different price ranges.  Homes priced under $100,000 have a 5 month supply and remain in a SELLERS market. Homes priced from $100,001 to $150,000 have a 4 month supply.  Homes priced from $150,001 to $200,000 the supply jumps to 6 months and moves to a BALANCED market. Above this price range homes waver between from being in a weak BUYERS market to a BALANCED market.  With the majority of homes being priced below $150,000 Tulsa's whole market is considered a SELLERS Market.

(TULSA School District) 1 Active Listings as of 6/1/2007 Supply of homes  Type of Market DOM
Total Market 1445 5 months Sellers 65
Under $100,000 821 5 months Sellers 70
$100,001 to $150,000 287 4 months Sellers 60
$150,001 to $200,000 117 6 months Balanced 55
$200,001 to $300,000 81 6 months Balanced 55
Over $300,001 139 7 months Weak Buyers 58

JENKS School District

The market in Jenks would appear to be in a BALANCED market with a 6 month supply of homes on the market.  This means at the current rate of sale it would take 6 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a very different picture.  Homes priced under $100,000 only have a 1 month supply so this price range is a SELLERS market.  Also homes priced from $100,001 to $150,000 only have a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 5 month supply and remain in a SELLERS market. The majority of homes in the Jenks market are priced above $200,000 and the market balances out until the price reaches $300,000 or more thenn it switches to a BUYERS market with a 10 month supply of homes available. 

(JENKS School District) 5 Active Listings as of 6/1/2007 Supply of homes  Type of Market DOM
Total Market 471 6 months Balanced 60
Under $100,000 3 1 month Sellers 39
$100,001 to $150,000 35 2 months Sellers 46
$150,001 to $200,000 84 5 months Sellers 45
$200,001 to $300,000 122 6 months Balanced 56
Over $300,001 227 10 months Extreme Buyers 69

BIXBY School District

The market in Bixby would appear to be in a SLIGHT BUYERS market because there is an 7 month supply of homes on the market.  This means at the current rate of sale it would take 8 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a very different picture.  Homes priced under $100,000 only have a 2 month supply and sell in average 39 days so this price range is a SELLERS market.  For homes priceed from $100,001 to $150,000 there is also a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 4 month supply and remain in a SELLERS market. Above this price range all homes are in a BUYERS market with homes priced from $200,001 to $300,000 haveing a 8 month supply homes above $300,001 with a 17 month supply.

(BIXBY School District) 4 Active Listings as of 6/1/2007 Supply of homes  Type of Market DOM
Total Market 291 7 months Buyers 63
Under $100,000 4 2 months Sellers 39
$100,001 to $150,000 17 2 months Sellers 52
$150,001 to $200,000 41 4 months Sellers 63
$200,001 to $300,000 77 8 months Buyers 59
Over $300,001 152 17 months Extreme Buyers 67

BROKEN ARROW School District

The market in Broken Arrow would appear to be in a SELLERS market because there is an 5 month supply of homes on the market.  This means at the current rate of sale it would take 5 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a slightly different picture.  Homes priced under $100,000 only have a 1 month supply so this price range is a SELLERS market.  Also homes priced from $100,001 to $150,000 only have a 2 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 6 month supply and move to a BALANCED market.  Above this price range all homes are in a BUYERS market with homes priced from $200,001 to $300,000 having a 9 month supply and homes above $300,001 with a 19 month supply.

(BROKEN ARROW School District) 3 Active Listings as of 6/1/2007 Supply of homes  Type of Market DOM
Total Market 664 5 months Sellers 58
Under $100,000 36 1 months Sellers 48
$100,001 to $150,000 158 2 months Sellers 47
$150,001 to $200,000 187 6 months Balanced 58
$200,001 to $300,000 190 9 months Buyers 66
Over $300,001 93 19 months Extreme Buyers 66

OWASSO School District

The market in Owasso appears to be in a SELLERS market because there is an 4 month supply of homes on the market.  This means at the current rate of sale it would take 4 months to sell all of the homes that are currently on the market.  However, after taking a closer look and breaking up the price ranges there is a slightly different picture.  Homes priced under $100,000 only have a 2 month supply so this price range is a EXTREME SELLERS market.  Homes priced from $100,001 to $150,000 only have a 3 month supply keeping this price range in a SELLERS market.  Homes priced from $150,001 to $200,000 have a 4 month supply and remain in a SELLERS market, these homes are selling in an average of 51 days while homes priced from $200,001 to $300,000 also only have a 6 month supply, are in a Balanced market but they are selling in an average of 55 days.  Above $300,001 there is a 8 month supply and this price range moves to a BUYERS market.

(Owasso School District) 11 Active Listings as of 4/7/2007 Supply of homes  Type of Market DOM
Total Market 311 4 months Sellers 54
Under $100,000 11 2 months Sellers 37
$100,001 to $150,000 75 3 months Sellers 42
$150,001 to $200,000 77 4 months Sellers 51
$200,001 to $300,000 102 6 months Balanced 55
Over $300,001 46 8 months Buyers 80