December 2012 MLS Statistics

352 views

Published on

Published in: Real Estate
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
352
On SlideShare
0
From Embeds
0
Number of Embeds
141
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

December 2012 MLS Statistics

  1. 1. December 2012 Area Delimited by Entire OK State MLS - Single-Family Property TypeAbsorption: Last 12 months, an Average of 3,397 Sales/Month DECEMBER Market ActivityActive Inventory as of December 31, 2012 = 20,044 2011 2012 +/-%Closed Listings 2,900 3,049 5.14%Pending Listings 2,221 2,627 18.28%New Listings 3,755 3,687 -1.81%Average List Price 154,312 165,427 7.20%Average Sale Price 148,418 159,793 7.66% Closed (10.70%)Average Percent of List Price to Selling Price 95.90% 96.55% 0.68% Pending (9.22%)Average Days on Market to Sale 90.74 81.96 -9.68% Other OffMarket (9.73%)End of Month Inventory 23,315 20,044 -14.03% Active (70.35%)Months Supply of Inventory 7.86 5.90 -24.94% Report Produced on: Jan 15, 2013Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® Analysis Wrap-Up Whats in this Issue Months Supply of Inventory (MSI) Decreases Closed Listings 1 The total housing inventory at the end of December 2012 Pending Listings 2 decreased 14.03% to 20,044 existing homes available for sale. New Listings 3 Over the last 12 months this area has had an average of 3,397 Inventory 4 closed sales per month. This represents an unsold inventory Months Supply of Inventory 5 index of 5.90 MSI for this period. Average Days on Market to Sale 6 Average Sale Prices Going Up Average List Price at Closing 7 According to the preliminary trends, this market area has Average Sale Price at Closing 8 experienced some upward momentum with the increase of Average Price this month. Prices went up 7.66% in December Average Percent of List Price to Selling Price 9 2012 to $159,793 versus the previous year at $148,418. Market Summary 10 Average Days on Market Shortens Real Estate is Local The average number of 81.96 days that homes spent on the market before selling decreased by 8.78 days or 9.68% in Consumers Should Consult with a REALTOR® December 2012 compared to last year’s same month at 90.74 Buying or selling real estate, for a majority of consumers, is DOM. one of the most important decisions they will make. Choosing a Sales Success for December 2012 is Positive real estate professional continues to be a vital part of this process. Overall, with Average Prices going up and Days on Market decreasing, the Listed versus Closed Ratio finished strong this Identify a Professional to Manage the Procedure month. REALTORS® are well-informed about critical factors that affect There were 3,687 New Listings in December 2012, down your specific market area - such as changes in market 1.81% from last year at 3,755. Furthermore, there were 3,049 conditions, consumer attitudes and interest rates. Closed Listings this month versus last year at 2,900, a 5.14% Are You Ready to Buy or Sell Real Estate? increase. For more information, contact: Closed versus Listed trends yielded a 82.7% ratio, up from last year’s December 2012 at 77.2%, a 7.08% upswing. This will Steve Reese - Vice President, Marketing certainly create pressure on a decreasing Month’s Supply of 405-848-9944 Inventory (MSI) in the following months to come. steve@oklahomarealtors.com Or visit: www.OklahomaRealtors.comReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity.
  2. 2. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Closed Sales as of Jan 12, 2013Closed Listings Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 3,049 40,178 40,765 2,900 38,426 2,674 35,593 2,492 2,542 34,544 1 Year 1 Year +5.14% +14.53% 2 Year 2 Year +19.94% +18.01% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 2,731 3 MONTHS 5,000 High O 3,480 Jul 2008 = 4,199 C 4,000 Low T 3,000 Jan 2010 = 1,721 N 3,129 O Closed Listings 2,000 Closed Listings this V -10.09% 1,000 month at 3,049, above the 5 yr DEC D 3,049 E 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 2,731 C -2.56% CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 110 3.61% 84.0 57 41 10 2 $25,001 $75,000 573 18.79% 79.7 211 324 31 7 $75,001 $100,000 327 10.72% 76.4 93 201 30 3 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 780 25.58% 82.5 132 531 113 4 $150,001 $200,000 525 17.22% 85.6 74 310 134 7 $200,001 $275,000 366 12.00% 89.9 48 145 159 14 $275,001 and up 368 12.07% 75.6 40 97 196 35 Total Closed Units: 3,049 82.0 655 1649 673 72 Total Closed Volume: 487,208,038 74.57M 227.00M 161.04M 24.60M Average Closed Price: $159,793 $113,851 $137,658 $239,290 $341,603Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 1Steve Reese 405-848-9944 steve@oklahomarealtors.com
  3. 3. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Pending Listings as of Jan 12, 2013Pending Listings Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 2,627 41,894 39,468 38,422 2,221 35,988 2,078 2,036 2,063 34,344 1 Year 1 Year +18.28% +16.41% 2 Year 2 Year +27.34% +21.98% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 2,205 3 MONTHS 5,000 High O 3,436 Apr 2010 = 4,934 C 4,000 Low T 3,000 Dec 2009 = 2,036 N 2,945 O Pending Listings 2,000 Pending Listingsthis V -14.29% 1,000 month at 2,627, above the 5 yr DEC D 2,627 E 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 2,205 C -10.80% PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 102 3.88% 46.7 59 39 2 2 $25,001 $75,000 494 18.80% 69.7 165 296 30 3 $75,001 $100,000 298 11.34% 84.3 72 198 25 3 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 662 25.20% 80.8 121 452 83 6 $150,001 $200,000 477 18.16% 85.1 67 283 123 4 $200,001 $275,000 300 11.42% 85.1 33 114 139 14 $275,001 and up 294 11.19% 88.6 37 58 144 55 Total Pending Units: 2,627 91.6 554 1440 546 87 Total Pending Volume: 412,427,303 65.09M 189.03M 129.02M 29.30M Average Listing Price: $159,290 $117,484 $131,268 $236,298 $336,740Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 2Steve Reese 405-848-9944 steve@oklahomarealtors.com
  4. 4. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 New Listings as of Jan 12, 2013New Listings Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 4,314 71,039 70,583 3,921 69,073 68,839 3,755 3,687 3,584 65,678 1 Year 1 Year -1.81% +2.53% 2 Year 2 Year -14.53% +2.19% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 3,852 3 MONTHS 8,000 High O 5,622 7,000 Apr 2010 = 7,820 C 6,000 Low T 5,000 Dec 2008 = 3,584 N 4,618 4,000 O New Listings 3,000 New Listings this V -17.86% 2,000 month at 3,687, 1,000 below the 5 yr DEC D 3,687 E 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 3,852 C -20.16% NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 121 3.28% 71 46 2 2 $25,001 $50,000 343 9.30% 137 185 20 1 $50,001 $100,000 879 23.84% 237 567 69 6 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 798 21.64% 147 538 102 11 $150,001 $200,000 578 15.68% 78 338 148 14 $200,001 $300,000 576 15.62% 68 235 244 29 $300,001 and up 392 10.63% 26 84 191 91 Total New Listed Units: 3,687 764 1993 776 154 Total New Listed Volume: 648,560,705 85.16M 282.57M 201.65M 79.18M Average New Listed Listing Price: $207,845 $111,462 $141,782 $259,864 $514,146Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 3Steve Reese 405-848-9944 steve@oklahomarealtors.com
  5. 5. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Active Inventory as of Jan 12, 2013Active Inventory Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type END OF DECEMBER ACTIVE DURING DECEMBER 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 24,377 29,517 28,721 23,312 22,306 27,148 19,996 20,044 24,667 25,443 1 Year 1 Year -14.02% -11.41% 2 Year 2 Year -17.77% -13.80% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 22,007 3 MONTHS Active Inventory 30,000 High O 22,774 Jul 2011 = 27,221 C Low T 20,000 Jan 2008 = 19,890 N 21,761 O 10,000 Inventory this V -4.45% month at 20,044, below the 5 yr DEC D 20,044 E 0 Jun 2008Dec 2008Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012 average of 22,007 C -7.89% INVENTORY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 1,925 9.60% 130.2 1,000 800 110 15 $50,001 $75,000 2,115 10.55% 131.3 763 1,176 159 17 $75,001 $100,000 2,555 12.75% 125.1 730 1,578 220 27 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 4,484 22.37% 116.4 862 3,006 566 50 $150,001 $225,000 4,145 20.68% 122.7 690 2,191 1,161 103 $225,001 $350,000 2,778 13.86% 121.2 386 997 1,213 182 $350,001 and up 2,042 10.19% 140.6 193 463 937 449 Total Active Inventory by Units: 20,044 124.8 4,624 10,211 4,366 843 Total Active Inventory by Volume: 3,900,263,730 598.27M 1.57B 1.24B 492.08M Average Active Inventory Listing Price: $194,585 $129,383 $153,979 $283,472 $583,723Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 4Steve Reese 405-848-9944 steve@oklahomarealtors.com
  6. 6. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Active Inventory as of Jan 12, 2013Months Supply of Inventory Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type MSI FOR DECEMBER INDICATORS FOR DECEMBER 2012 2008 2009 2010 2011 2012 Inventory Closed Absorption MSI MSI % 8.5 40,765 7.9 5.9 16.948% 6.7 6.2 20,044 5.9 1 Year 3,397 End of Closed Average Months Percent -24.93% Month Last Closed per Supply Months 2 Year Active 12 Month over of Supply of -30.32% Inventory Months 12 Months Inventory Inventory 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 7.0 3 MONTHS 10 High O 6.8 9 Jun 2011 = 9.8 C 8 Low T 7 6 Jan 2008 = 5.3 N 6.4 5 O Months Supply 4 Months Supply this V -5.59% 3 2 month at 5.9, 1 below the 5 yr DEC D 5.9 E 0 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 7.0 C -8.23% MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 1,925 9.60% 4.3 5.3 3.5 3.6 4.0 $50,001 $70,000 1,673 8.35% 6.6 7.3 6.1 6.9 7.8 $70,001 $110,000 3,729 18.60% 6.1 7.3 5.7 5.8 9.6 $110,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $170,000 5,241 26.15% 5.1 6.0 5.0 4.9 7.7 $170,001 $230,000 2,874 14.34% 5.8 7.1 5.9 5.0 6.6 $230,001 $350,000 2,560 12.77% 6.6 8.4 7.5 5.6 7.3 $350,001 and up 2,042 10.19% 11.5 17.5 13.2 9.5 13.4 MSI: 5.9 6.7 5.5 5.8 9.5 Total Active Inventory: 20,044 4,624 10,211 4,366 843Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 5Steve Reese 405-848-9944 steve@oklahomarealtors.com
  7. 7. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Closed Sales as of Jan 12, 2013Average Days on Market to Sale Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 92 91 89 83 82 84 84 80 82 82 1 Year 1 Year -9.68% -5.88% 2 Year 2 Year -10.46% +1.70% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 86 3 MONTHS Average Days on Market 100 High O 83 90 Mar 2011 = 98 C 80 Low T 70 60 May 2010 = 74 N 80 50 O 40 Average DOM this V -3.63% 30 20 month at 82, 10 below the 5 yr DEC D 82 E 0 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 86 C 2.12% AVERAGE DOM OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Days on Market to Sale by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 110 3.61% 84.0 78.5 89.7 103.6 26.5 $25,001 $75,000 573 18.79% 79.7 87.0 76.4 66.7 65.7 $75,001 $100,000 327 10.72% 76.4 85.9 72.3 64.5 173.0 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 780 25.58% 82.5 107.1 77.4 74.0 188.8 $150,001 $200,000 525 17.22% 85.6 109.7 80.5 83.9 85.0 $200,001 $275,000 366 12.00% 89.9 107.5 91.3 82.2 103.6 $275,001 and up 368 12.07% 75.6 64.6 90.9 69.7 78.3 Average Closed DOM: 82.0 92.9 79.5 76.3 91.3 Total Closed Units: 3,049 655 1649 673 72 Total Closed Volume: 487,208,038 74.57M 227.00M 161.04M 24.60MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 6Steve Reese 405-848-9944 steve@oklahomarealtors.com
  8. 8. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Closed Sales as of Jan 12, 2013Average List Price at Closing Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 165,427 166,007 160,614 154,312 152,756 154,332 145,632 146,900 151,508 148,065 1 Year 1 Year +7.20% +7.56% 2 Year 2 Year +3.00% +8.67% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 155K 3 MONTHS Average List Price 300,000 High O 162,445 May 2012 = 213,995 C Low T 200,000 Nov 2008 = 135,950 N 168,341 O 100,000 Average LPrice this V 3.63% month at 165,427, above the 5 yr DEC D 165,427 E 0 Jun 2008Dec 2008 Jun 2009Dec 2009 Jun 2010Dec 2010 Jun 2011Dec 2011 Jun 2012 average of 154,577 C -1.73% AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 100 3.28% 18,234 20,422 20,212 18,637 18,700 $25,001 $75,000 543 17.81% 52,505 53,922 55,245 56,581 57,889 $75,001 $100,000 336 11.02% 88,313 91,281 90,942 100,353 87,233 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 747 24.50% 127,479 130,694 129,421 134,370 157,106 $150,001 $200,000 576 18.89% 174,223 177,757 175,679 179,712 193,216 $200,001 $275,000 352 11.54% 236,345 237,318 239,540 243,236 237,912 $275,001 and up 395 12.96% 419,261 372,989 406,020 423,575 583,009 Average List Price: $165,427 $118,698 $142,091 $246,525 $366,963 Total Closed Units: 3,049 655 1649 673 72 Total List Volume: 504,388,042 77.75M 234.31M 165.91M 26.42MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 7Steve Reese 405-848-9944 steve@oklahomarealtors.com
  9. 9. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Closed Sales as of Jan 12, 2013Average Sold Price at Closing Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 159,793 160,385 153,544 148,418 146,726 147,055 148,251 139,881 141,455 142,872 1 Year 1 Year +7.66% +8.18% 2 Year 2 Year +4.07% +9.06% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG = 149K 3 MONTHS Average Sold Price 300,000 High O 156,951 May 2012 = 208,717 C Low T 200,000 Nov 2008 = 131,192 N 162,759 O 100,000 Average SPrice this V 3.70% month at 159,793, above the 5 yr DEC D 159,793 E 0 Jun 2008Dec 2008 Jun 2009Dec 2009 Jun 2010Dec 2010 Jun 2011Dec 2011 Jun 2012 average of 148,618 C -1.82% AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 110 3.61% 17,794 17,785 17,808 16,898 22,250 $25,001 $75,000 573 18.79% 51,086 50,229 51,708 50,186 52,104 $75,001 $100,000 327 10.72% 87,696 87,000 87,610 90,802 84,000 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 780 25.58% 126,641 126,456 126,022 129,611 130,914 $150,001 $200,000 525 17.22% 173,082 171,583 171,722 176,200 189,459 $200,001 $275,000 366 12.00% 234,281 231,847 232,705 236,311 235,892 $275,001 and up 368 12.07% 412,792 358,789 391,862 412,058 536,624 Average Closed Price: $159,793 $113,851 $137,658 $239,290 $341,603 Total Closed Units: 3,049 655 1649 673 72 Total Closed Volume: 487,208,038 74.57M 227.00M 161.04M 24.60MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 8Steve Reese 405-848-9944 steve@oklahomarealtors.com
  10. 10. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Closed Sales as of Jan 12, 2013Average Percent of List Price to Selling Price Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type DECEMBER YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 96.55% 96.62% 96.38% 96.38% 95.94% 95.90% 96.11% 95.61% 95.49% 95.85% 1 Year 1 Year +0.68% +0.55% 2 Year 2 Year +1.10% +0.29% 5 YEAR MARKET ACTIVITY TRENDS 5yr DEC AVG=95.90% 3 MONTHS Average List/Sell Price 98 High O 96.34% May 2008 = 97.10% C Low T 97 Jan 2011 = 95.14% N 96.49% O 96 Average List/Sell this V 0.15% month at 96.55%, above the 5 yr DEC D 96.55% E 95 Jun 2008 Dec 2008Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 average of 95.90% C 0.06% AVERAGE L/S% OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of $avgmed L/S % by Price Range % AVL/S% 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 110 3.61% 91.53% 91.66% 89.51% 90.52%134.18% $25,001 $75,000 573 18.79% 94.55% 94.74% 94.87% 90.19% 93.32% $75,001 $100,000 327 10.72% 95.97% 95.68% 96.59% 92.64% 96.80% $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 780 25.58% 97.35% 97.41% 97.53% 96.89% 84.66% $150,001 $200,000 525 17.22% 97.80% 96.72% 97.87% 98.20% 98.06% $200,001 $275,000 366 12.00% 97.50% 97.86% 97.36% 97.37% 99.19% $275,001 and up 368 12.07% 97.24% 96.67% 97.33% 97.65% 95.36% Average List/Sell Ratio: 96.50% 95.71% 96.73% 96.89% 96.71% Total Closed Units: 3,049 655 1649 673 72 Total Closed Volume: 487,208,038 74.57M 227.00M 161.04M 24.60MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 9Steve Reese 405-848-9944 steve@oklahomarealtors.com
  11. 11. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® December 2012 Inventory as of Jan 12, 2013Market Summary Report Produced on: Jan 15, 2013Area Delimited by Entire OK State MLS - Single-Family Property Type Inventory Inventory Market Activity Market Activity New Listings Closed Sales 3,687 = 14.49% 3,049 = 10.70% Start Inventory Pending Sales 21,763 2,627 = 9.22% Total Inventory Other Off Market Units 2,772 = 9.73% 25,450 Volume Active Inventory $4,865,305,054 20,044 = 70.35%Absorption: Last 12 months, an Average of 3,397 Sales/Month DECEMBER Year To DateActive Inventory as of December 31, 2012 = 20,044 2011 2012 +/-% 2011 2012 +/-%Closed Sales 2,900 3,049 5.14% 35,593 40,765 14.53%Pending Sales 2,221 2,627 18.28% 35,988 41,894 16.41%New Listings 3,755 3,687 -1.81% 68,839 70,583 2.53%Average List Price 154,312 165,427 7.20% 154,332 166,007 7.56%Average Sale Price 148,418 159,793 7.66% 148,251 160,385 8.18%Average Percent of List Price to Selling Price 95.90% 96.55% 0.68% 95.85% 96.38% 0.55%Average Days on Market to Sale 90.74 81.96 -9.68% 88.84 83.61 -5.88%Monthly Inventory 23,315 20,044 -14.03% 23,315 20,044 -14.03%Months Supply of Inventory 7.86 5.90 -24.94% 7.86 5.90 -24.94% 2011 2011 DECEMBER MARKET 2012 AVERAGE PRICES 2012 New Listings Pending Listings List Price Sale Price 3,755 3,687 165,427 159,793 2,627 154,312 2,221 148,418 -1.81% +18.28% +7.20% +7.66% 2011 2011 INVENTORY 2012 AVERAGE L/S% & DOM 2012 Active Inventory Monthly Supply of Inventory % of List to Sale Price Days on Market to Sale 23,315 7.86 96.55% 90.74 20,044 5.90 95.90% 81.96 -14.03% -24.94% +0.68% -9.68%Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 10Steve Reese 405-848-9944 steve@oklahomarealtors.com

×