November 2013 Housing Sales Statistics
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November 2013 Housing Sales Statistics November 2013 Housing Sales Statistics Document Transcript

  • November 2013 Area Delimited by Entire OK State MLS Single-Family Property Type NOVEMBER Absorption: Last 12 months, an Average of 3,635 Sales/Month Active Inventory as of November 30, 2013 = 20,646 Closed Listings Pending Listings New Listings Average List Price Average Sale Price Average Percent of List Price to Selling Price Average Days on Market to Sale End of Month Inventory Months Supply of Inventory Market Activity 2012 2013 +/-% 3,150 2,862 4,588 168,411 162,822 96.33% 78.29 22,571 6.65 3,077 3,081 4,374 169,706 163,686 96.21% 77.66 20,646 5.68 -2.32% 7.65% -4.66% 0.77% 0.53% -0.13% -0.81% -8.53% -14.63% Monthly Inventory Analysis Closed (10.44%) Pending (10.45%) Other OffMarket (9.05%) Active (70.05%) Report Produced on: Dec 12, 2013 Data from the The Oklahoma Association of REALTORS® Analysis Wrap-Up Months Supply of Inventory (MSI) Decreases The total housing inventory at the end of November 2013 decreased 8.53% to 20,646 existing homes available for sale. Over the last 12 months this area has had an average of 3,635 closed sales per month. This represents an unsold inventory index of 5.68 MSI for this period. Average Sale Prices Going Up According to the preliminary trends, this market area has experienced some upward momentum with the increase of Average Price this month. Prices went up 0.53% in November 2013 to $163,686 versus the previous year at $162,822. Average Days on Market Shortens The average number of 77.66 days that homes spent on the market before selling decreased by 0.64 days or 0.81% in November 2013 compared to last year’s same month at 78.29 DOM. Sales Success for November 2013 is Positive Overall, with Average Prices going up and Days on Market decreasing, the Listed versus Closed Ratio finished strong this month. There were 4,374 New Listings in November 2013, down 4.66% from last year at 4,588. Furthermore, there were 3,077 Closed Listings this month versus last year at 3,150, a -2.32% decrease. Closed versus Listed trends yielded a 70.3% ratio, up from last year’s November 2013 at 68.7%, a 2.46% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come. What's in this Issue Closed Listings Pending Listings New Listings Inventory Months Supply of Inventory Average Days on Market to Sale Average List Price at Closing Average Sale Price at Closing Average Percent of List Price to Selling Price Market Summary 1 2 3 4 5 6 7 8 9 10 Real Estate is Local Consumers Should Consult with a REALTOR® Buying or selling real estate, for a majority of consumers, is one of the most important decisions they will make. Choosing a real estate professional continues to be a vital part of this process. Identify a Professional to Manage the Procedure REALTORS® are well-informed about critical factors that affect your specific market area - such as changes in market conditions, consumer attitudes and interest rates. Are You Ready to Buy or Sell Real Estate? For more information, contact: Steve Reese - Vice President, Marketing 405-848-9944 steve@oklahomarealtors.com Or visit: www.OklahomaRealtors.com Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity.
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Closed Sales as of Dec 12, 2013 Closed Listings Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2010 2011 YEAR TO DATE (YTD) 2,298 2013 3,150 3,317 2012 3,077 2,626 2009 2010 2011 2012 2013 40,510 37,831 35,566 32,081 32,443 1 Year -2.32% 2 Year +17.17% 1 Year +7.08% 2 Year +24.87% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 2,894 High Jul 2013 = 4,621 Low Jan 2010 = 1,719 5,000 4,000 3,000 3 MONTHS S 3,715 E P Closed Listings O 3,561 C T -4.15% Closed Listings this month at 3,077, above the 5 yr NOV N 3,077 O average of 2,894 V -13.59% 2,000 1,000 0 Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012Dec 2012Jun 2013 CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 112 3.64% 78.2 56 49 7 0 $25,001 $75,000 563 18.30% 82.6 201 320 35 7 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 345 11.21% 83.7 75 245 23 2 $100,001 $150,000 789 25.64% 69.9 114 555 112 8 $150,001 $200,000 526 17.09% 78.4 58 305 145 18 $200,001 $275,000 407 13.23% 84.6 56 186 155 10 $275,001 and up 335 10.89% 71.6 25 78 191 41 Total Closed Units: Total Closed Volume: Average Closed Price: 3,077 503,662,565 $163,686 77.7 585 1738 668 86 66.46M 236.32M 163.15M 37.73M $113,600 $135,971 $244,242 $438,778 Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 1
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Pending Listings as of Dec 12, 2013 Pending Listings Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2010 2011 2,641 2,221 YEAR TO DATE (YTD) 2012 2,862 2013 2009 2010 2011 2012 3,081 36,164 2,173 2013 42,089 38,929 32,334 33,432 1 Year +7.65% 2 Year +16.66% 1 Year +8.12% 2 Year +25.89% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 2,596 High Apr 2010 = 4,937 Low Dec 2009 = 2,022 5,000 4,000 3,000 3 MONTHS S 3,367 E P Pending Listings O 3,542 C T 5.20% Pending Listings this month at 3,081, above the 5 yr NOV N 3,081 O average of 2,596 V -13.02% 2,000 1,000 0 Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012Dec 2012Jun 2013 PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 114 3.70% 68.0 49 55 9 1 $25,001 $75,000 546 17.72% 71.2 180 313 48 5 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 359 11.65% 79.2 86 237 33 3 $100,001 $150,000 752 24.41% 72.3 111 530 101 10 $150,001 $200,000 547 17.75% 77.4 75 321 140 11 $200,001 $275,000 383 12.43% 79.6 42 152 176 13 $275,001 and up 380 12.33% 77.1 36 99 191 54 Total Pending Units: Total Pending Volume: Average Listing Price: 3,081 514,975,906 $167,677 77.5 579 1707 698 97 69.15M 238.70M 164.02M 43.11M $119,428 $139,837 $234,985 $444,389 Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 2
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 New Listings as of Dec 12, 2013 New Listings Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2010 YEAR TO DATE (YTD) 2011 2012 4,665 4,588 4,443 2013 4,374 4,282 2009 2010 2011 64,356 2012 64,089 2013 66,639 67,738 61,252 1 Year -4.66% 2 Year -6.24% 1 Year +1.65% 2 Year +5.69% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 4,470 High Apr 2010 = 7,793 Low Dec 2012 = 3,696 8,000 7,000 6,000 5,000 New Listings 4,000 3,000 2,000 1,000 0 Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012Dec 2012Jun 2013 3 MONTHS S 5,471 E P O 5,726 C T 4.66% New Listings this month at 4,374, below the 5 yr NOV N 4,374 O average of 4,470 V -23.61% NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+ 132 3.02% 71 49 9 3 $25,001 $75,000 814 18.61% 310 450 51 3 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 525 12.00% 128 347 46 4 $100,001 $150,000 907 20.74% 149 645 103 10 $150,001 $225,000 997 22.79% 137 562 273 25 $225,001 $325,000 533 12.19% 66 202 235 30 $325,001 and up 466 10.65% 33 106 243 84 Total New Listed Units: Total New Listed Volume: Average New Listed Listing Price: 4,374 787,045,842 $229,447 894 2361 960 159 112.65M 351.46M 252.99M 69.94M $126,011 $148,861 $263,528 $439,901 Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 3
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Active Inventory as of Dec 12, 2013 Active Inventory Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type END OF NOVEMBER 2009 2010 2011 24,932 ACTIVE DURING NOVEMBER 2012 2013 2009 24,624 2010 2011 29,629 30,109 20,559 2013 27,892 22,559 20,646 2012 26,398 24,995 1 Year -8.48% 2 Year -16.15% 1 Year -5.36% 2 Year -12.33% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 22,664 Active Inventory High Jul 2011 = 26,758 Low Dec 2009 = 19,796 30,000 20,000 3 MONTHS S 22,685 E P O 22,027 C T -2.90% Inventory this month at 20,646, below the 5 yr NOV N 20,646 O average of 22,664 V -6.27% 10,000 0 Jun 2009Dec 2009Jun 2010Dec 2010Jun 2011Dec 2011Jun 2012Dec 2012Jun 2013 INVENTORY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 2,067 10.01% 120.0 1,068 875 108 16 $50,001 $75,000 2,183 10.57% 127.7 854 1,162 149 18 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $50,000 and less 2,499 12.10% 117.2 695 1,565 219 20 $100,001 $175,000 5,973 28.93% 109.2 1,084 3,793 1,005 91 $175,001 $225,000 2,570 12.45% 108.5 405 1,306 800 59 $225,001 $350,000 3,063 14.84% 119.0 428 1,077 1,346 212 $350,001 and up 2,291 11.10% 127.7 237 482 1,069 503 Total Active Inventory by Units: Total Active Inventory by Volume: Average Active Inventory Listing Price: 20,646 4,116,253,343 $199,373 116.6 4,771 10,260 4,696 919 657.52M 1.61B 1.36B 493.07M $137,816 $156,626 $289,326 $536,529 Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 4
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Active Inventory as of Dec 12, 2013 Months Supply of Inventory Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type MSI FOR NOVEMBER 2009 2010 2011 8.6 INDICATORS FOR NOVEMBER 2013 2012 Inventory 2013 8.4 Absorption MSI MSI % 5.7 17.606% Months Supply of Inventory Percent Months Supply of Inventory 43,620 6.6 6.5 Closed 5.7 20,646 1 Year -14.59% 2 Year -32.73% End of Month Active Inventory Closed Last 12 Months 5 YEAR MARKET ACTIVITY TRENDS 3,635 Average Closed per Month over 12 Months 5yr NOV AVG = 7.2 High Jun 2011 = 9.7 Low Nov 2013 = 5.7 Months Supply 10 9 8 7 6 5 4 3 2 1 0 3 MONTHS S 6.2 E P O 6.0 C T -3.04% Months Supply this month at 5.7, below the 5 yr NOV N 5.7 O average of 7.2 V -6.11% Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 Dec 2012Jun 2013 MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+ 2,067 10.01% 4.9 5.7 4.2 4.2 4.3 $50,001 $70,000 1,751 8.48% 7.1 8.8 6.1 7.2 5.0 $70,001 $110,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $50,000 and less 3,601 17.44% 5.9 6.9 5.5 5.9 7.9 $110,001 $170,000 4,933 23.89% 4.5 5.0 4.2 4.9 9.7 $170,001 $240,000 3,463 16.77% 5.2 6.1 5.3 4.8 4.9 $240,001 $370,000 2,745 13.30% 6.6 8.4 6.9 5.9 8.1 $370,001 and up 2,086 10.10% 11.6 16.1 12.2 9.8 14.3 6.5 5.1 4,771 10,260 5.8 4,696 9.6 919 MSI: Total Active Inventory: 5.7 20,646 Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 5
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Closed Sales as of Dec 12, 2013 Average Days on Market to Sale Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2010 2011 89 YEAR TO DATE (YTD) 2012 2013 2009 89 2011 2012 2013 89 83 78 77 2010 78 83 80 76 1 Year -0.81% 2 Year -12.45% 1 Year -8.51% 2 Year -14.79% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 82 Average Days on Market High Mar 2011 = 98 Low Jul 2013 = 69 100 90 80 70 60 50 40 30 20 10 0 3 MONTHS S 72 E P O 77 C T 6.64% Average DOM this month at 78, below the 5 yr NOV N 78 O average of 82 V 0.99% Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 Dec 2012Jun 2013 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+ Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 112 3.64% 78.2 73.1 81.6 96.4 0.0 $25,001 $75,000 563 18.30% 82.6 90.3 79.1 61.2 131.4 $75,001 $100,000 345 11.21% 83.7 90.7 79.8 109.4 8.5 $100,001 $150,000 789 25.64% 69.9 79.5 68.0 67.5 95.9 $150,001 $200,000 526 17.09% 78.4 88.4 70.9 92.8 58.8 $200,001 $275,000 407 13.23% 84.6 97.3 81.2 81.7 119.7 $275,001 and up 335 10.89% 71.6 85.6 59.6 73.4 77.4 Average Closed DOM: Total Closed Units: Total Closed Volume: 77.7 3,077 503,662,565 86.9 585 66.46M 73.6 1738 236.32M 79.4 668 163.15M Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com 83.0 86 37.73M pp. 6
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Closed Sales as of Dec 12, 2013 Average List Price at Closing Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2011 154,783 2012 2013 168,411 147,084 2010 YEAR TO DATE (YTD) 169,706 151,789 2009 2010 2011 2012 2013 168,644 149,288 152,221 155,176 160,741 1 Year +0.77% 2 Year +11.80% 1 Year +4.92% 2 Year +8.68% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 158K Average List Price High Jul 2013 = 176,554 Low Jan 2010 = 139,073 200,000 3 MONTHS S 167,302 E P O 161,240 C Average LPrice this T -3.62% month at 169,706, above the 5 yr NOV N 169,706 O average of 158,355 V 5.25% 100,000 0 Jun 2009Dec 2009 Jun 2010Dec 2010 Jun 2011Dec 2011 Jun 2012Dec 2012 Jun 2013 AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+ 88 2.86% 18,441 21,593 22,559 22,416 0 $25,001 $75,000 526 17.09% 52,213 53,649 57,528 61,917 74,529 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 365 11.86% 88,665 91,788 92,258 93,554 83,250 $100,001 $150,000 769 24.99% 128,907 135,933 130,982 133,800 137,075 $150,001 $200,000 566 18.39% 174,694 181,224 176,837 178,193 182,766 $200,001 $275,000 397 12.90% 234,473 237,523 237,977 242,124 240,568 $275,001 and up 366 11.89% 463,503 458,144 391,118 444,874 823,085 Average List Price: Total Closed Units: Total List Volume: $169,706 3,077 522,184,117 $119,041 $140,114 $251,197 $479,381 585 1738 668 86 69.64M 243.52M 167.80M 41.23M Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 7
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Closed Sales as of Dec 12, 2013 Average Sold Price at Closing Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2011 148,732 2012 2013 162,822 142,208 2010 YEAR TO DATE (YTD) 163,686 145,389 2009 2010 2011 2012 2013 163,231 144,097 146,632 149,032 155,099 1 Year +0.53% 2 Year +12.58% 1 Year +5.24% 2 Year +9.53% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG = 153K Average Sold Price High Jul 2013 = 171,512 Low Jan 2010 = 133,432 200,000 3 MONTHS S 162,335 E P O 155,792 C Average SPrice this T -4.03% month at 163,686, above the 5 yr NOV N 163,686 O average of 152,568 V 5.07% 100,000 0 Jun 2009Dec 2009 Jun 2010Dec 2010 Jun 2011Dec 2011 Jun 2012Dec 2012 Jun 2013 AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+ 112 3.64% 17,878 18,353 17,501 16,714 0 $25,001 $75,000 563 18.30% 52,064 49,445 53,388 54,052 56,768 $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 345 11.21% 88,573 87,505 88,774 90,756 79,000 $100,001 $150,000 789 25.64% 128,315 130,152 127,772 128,913 131,375 $150,001 $200,000 526 17.09% 174,203 175,907 173,436 174,820 176,731 $200,001 $275,000 407 13.23% 234,096 232,184 232,931 236,108 235,273 $275,001 and up 335 10.89% 458,635 435,391 378,078 432,843 746,211 Average Closed Price: Total Closed Units: Total Closed Volume: $163,686 3,077 503,662,565 $113,600 $135,971 $244,242 $438,778 585 1738 668 86 66.46M 236.32M 163.15M 37.73M Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 8
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Closed Sales as of Dec 12, 2013 Average Percent of List Price to Selling Price Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type NOVEMBER 2009 2010 2011 YEAR TO DATE (YTD) 2012 2013 96.33% 96.21% 96.90% 95.70% 2009 2010 2011 96.46% 2013 96.59% 96.29% 96.11% 95.61% 2012 95.77% 1 Year -0.13% 2 Year +0.62% 1 Year +0.31% 2 Year +0.85% 5 YEAR MARKET ACTIVITY TRENDS 5yr NOV AVG=96.15% Average List/Sell Price High Jun 2013 = 96.99% Low Jan 2011 = 95.22% 97 3 MONTHS S 96.41% E P O 96.17% C Average List/Sell this T -0.25% month at 96.21%, above the 5 yr NOV N 96.21% O average of 96.15% V 0.04% 96 95 Jun 2009 Dec 2009Jun 2010 Dec 2010Jun 2011 Dec 2011Jun 2012 Dec 2012Jun 2013 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+ 112 $25,001 $75,000 563 18.30% 93.17% 92.88% 93.52% 94.56% 77.93% $75,001 $100,000 Ready to Buy or Sell Real Estate? Contact an experienced REALTOR $25,000 and less 345 11.21% 96.39% 95.77% 96.51% 97.22% 95.09% $100,001 $150,000 789 25.64% 97.28% 95.91% 97.72% 96.61% 95.98% $150,001 $200,000 526 17.09% 98.20% 97.18% 98.49% 98.18% 96.86% $200,001 $275,000 407 13.23% 97.92% 97.88% 98.09% 97.74% 97.72% $275,001 and up 335 10.89% 97.00% 96.00% 97.14% 97.62% 94.47% Average List/Sell Ratio: Total Closed Units: Total Closed Volume: 3.64% 85.48% 86.71% 85.14% 77.97% 96.20% 3,077 503,662,565 94.29% 585 66.46M 96.57% 1738 236.32M 97.22% 668 163.15M Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com 0.00% 94.16% 86 37.73M pp. 9
  • Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® November 2013 Inventory as of Dec 12, 2013 Market Summary Report Produced on: Dec 12, 2013 Area Delimited by Entire OK State MLS - Single-Family Property Type Inventory Inventory Market Activity New Listings 4,374 = 16.57% Closed Sales 3,077 = 10.44% Start Inventory 22,029 Pending Sales 3,081 = 10.45% Total Inventory Units 26,403 Volume $5,182,486,632 Other Off Market 2,668 = 9.05% Active Inventory 20,646 = 70.05% NOVEMBER Absorption: Last 12 months, an Average of 3,635 Sales/Month Pending Listings 3,077 3,081 4,374 169,706 163,686 96.21% 77.66 20,646 5.68 -2.32% 7.65% -4.66% 0.77% 0.53% -0.13% -0.81% -8.53% -14.63% 168,411 2,862 -4.66% 7.08% 8.12% 1.65% 4.92% 5.24% 0.31% -8.51% -8.53% -14.63% 2012 2013 169,706 +0.77% 2012 2013 6.65 40,510 42,089 67,738 168,644 163,231 96.59% 75.57 20,646 5.68 37,831 38,929 66,639 160,741 155,099 96.29% 82.60 22,571 6.65 +/-% 162,822 +7.65% Monthly Supply of Inventory 2013 Sale Price 3,081 INVENTORY 2012 AVERAGE PRICES List Price 4,374 22,571 +/-% 2012 2013 NOVEMBER MARKET Active Inventory 2013 3,150 2,862 4,588 168,411 162,822 96.33% 78.29 22,571 6.65 Closed Sales Pending Sales New Listings Average List Price Average Sale Price Average Percent of List Price to Selling Price Average Days on Market to Sale Monthly Inventory Months Supply of Inventory 4,588 Year To Date 2012 Active Inventory as of November 30, 2013 = 20,646 New Listings Market Activity 163,686 +0.53% AVERAGE L/S% & DOM % of List to Sale Price 96.33% 2012 2013 Days on Market to Sale 78.29 20,646 5.68 96.21% 77.66 -8.53% -14.63% -0.13% -0.81% Reports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. Steve Reese 405-848-9944 steve@oklahomarealtors.com pp. 10