April 2012 MLS Statistics

349 views

Published on

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

  • Be the first to like this

No Downloads
Views
Total views
349
On SlideShare
0
From Embeds
0
Number of Embeds
20
Actions
Shares
0
Downloads
8
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

April 2012 MLS Statistics

  1. 1. April 2012 Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property TypeAbsorption: Last 12 months, an Average of 3,025 Sales/Month APRIL Market ActivityActive Inventory as of April 30, 2012 = 21,388 2011 2012 +/-%Closed Listings 3,089 3,306 7.02%Pending Listings 3,272 4,206 28.55%New Listings 6,782 6,682 -1.47%Average List Price 151,978 158,352 4.19%Average Sale Price 145,765 153,190 5.09% Closed (10.53%)Average Percent of List Price to Selling Price 95.69% 96.99% 1.36% Pending (13.39%)Average Days on Market to Sale 90.60 80.69 -10.94% Other OffMarket (7.98%)End of Month Inventory 24,892 21,388 -14.08% Active (68.10%)Months Supply of Inventory 9.19 7.07 -23.07% Report Produced on: May 15, 2012Monthly 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 April 2012 decreased Pending Listings 2 14.08% to 21,388 existing homes available for sale. Over the New Listings 3 last 12 months this area has had an average of 3,025 closed Inventory 4 sales per month. This represents an unsold inventory index of Months Supply of Inventory 5 7.07 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 5.09% in April 2012 Average Percent of List Price to Selling Price 9 to $153,190 versus the previous year at $145,765. Market Summary 10 Average Days on Market Shortens Real Estate is Local The average number of 80.69 days that homes spent on the market before selling decreased by 9.91 days or 10.94% in Consumers Should Consult with a REALTOR® April 2012 compared to last year’s same month at 90.60 DOM. Buying or selling real estate, for a majority of consumers, is Sales Success for April 2012 is Positive one of the most important decisions they will make. Choosing a real estate professional continues to be a vital part of this Overall, with Average Prices going up and Days on Market process. decreasing, the Listed versus Closed Ratio finished strong this month. Identify a Professional to Manage the Procedure There were 6,682 New Listings in April 2012, down 1.47% from REALTORS® are well-informed about critical factors that affect last year at 6,782. Furthermore, there were 3,306 Closed your specific market area - such as changes in market Listings this month versus last year at 3,089, a 7.02% conditions, consumer attitudes and interest rates. increase. Are You Ready to Buy or Sell Real Estate? Closed versus Listed trends yielded a 49.5% ratio, up from last For more information, contact: year’s April 2012 at 45.5%, a 8.63% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory Steve Reese - Vice President, Marketing (MSI) in the following months to come. 405-848-9944 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® April 2012 Closed Sales as of May 12, 2012Closed Listings Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 3,786 11,860 11,489 3,477 3,306 10,873 2,995 3,089 10,108 9,802 1 Year 1 Year +7.02% +17.21% 2 Year 2 Year -12.68% +5.67% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 3,331 3 MONTHS 5,000 High F 2,638 Jul 2008 = 4,045 E 4,000 Low B 3,000 Jan 2010 = 1,694 M 3,308 A Closed Listings 2,000 Closed Listings this R 25.40% 1,000 month at 3,306, below the 5 yr APR A 3,306 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 3,331 R -0.06% 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 154 4.66% 75.5 75 69 8 2 $25,001 $75,000 602 18.21% 81.8 180 359 59 4 $75,001 $100,000 372 11.25% 82.5 83 251 34 4 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 934 28.25% 75.2 145 669 113 7 $150,001 $175,000 317 9.59% 83.2 52 181 77 7 $175,001 $250,000 523 15.82% 79.0 61 228 211 23 $250,001 and up 404 12.22% 92.2 22 102 233 47 Total Closed Units: 3,306 80.7 618 1859 735 94 Total Closed Volume: 506,446,010 64.62M 238.53M 167.65M 35.64M Average Closed Price: $153,190 $104,567 $128,313 $228,088 $379,198Reports 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® April 2012 Pending Listings as of May 12, 2012Pending Listings Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 4,843 14,258 14,557 4,206 13,887 3,967 3,548 3,272 12,216 11,626 1 Year 1 Year +28.55% +25.21% 2 Year 2 Year -13.15% +2.10% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 3,967 3 MONTHS 5,000 High F 3,348 Apr 2010 = 4,843 E 4,000 Low B 3,000 Dec 2009 = 1,999 M 3,897 A Pending Listings 2,000 Pending Listingsthis R 16.40% 1,000 month at 4,206, above the 5 yr APR A 4,206 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 3,967 R 7.93% 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 143 3.40% 52.9 56 75 11 1 $25,001 $75,000 704 16.74% 76.4 234 402 64 4 $75,001 $100,000 530 12.60% 72.4 128 352 44 6 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 1,036 24.63% 65.8 177 717 139 3 $150,001 $200,000 766 18.21% 79.3 115 427 212 12 $200,001 $275,000 506 12.03% 68.4 69 179 239 19 $275,001 and up 521 12.39% 92.0 50 135 268 68 Total Pending Units: 4,206 77.4 829 2287 977 113 Total Pending Volume: 717,599,373 120.53M 311.20M 231.09M 54.78M Average Listing Price: $161,941 $145,390 $136,072 $236,534 $484,783Reports 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® April 2012 New Listings as of May 12, 2012New Listings Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 7,696 25,186 25,423 24,801 6,868 6,782 6,682 23,596 5,904 22,044 1 Year 1 Year -1.47% +5.11% 2 Year 2 Year -13.18% -2.45% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 6,786 3 MONTHS 8,000 High F 5,566 7,000 Apr 2010 = 7,696 E 6,000 Low B 5,000 Dec 2008 = 3,532 M 6,560 4,000 A New Listings 3,000 New Listings this R 17.86% 2,000 month at 6,682, 1,000 below the 5 yr APR A 6,682 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 6,786 R 1.86% NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 627 9.38% 278 299 43 7 $50,001 $75,000 632 9.46% 228 362 34 8 $75,001 $100,000 759 11.36% 214 475 63 7 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 1,698 25.41% 293 1,191 206 8 $150,001 $225,000 1,437 21.51% 211 781 414 31 $225,001 $325,000 806 12.06% 84 301 385 36 $325,001 and up 723 10.82% 69 165 354 135 Total New Listed Units: 6,682 1377 3574 1499 232 Total New Listed Volume: 1,253,794,133 173.28M 531.63M 408.77M 140.11M Average New Listed Listing Price: $205,389 $125,838 $148,750 $272,696 $603,930Reports 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® April 2012 Active Inventory as of May 12, 2012Active Inventory Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type END OF APRIL ACTIVE DURING APRIL 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 24,882 30,776 22,894 28,711 28,778 28,067 21,381 21,906 21,388 27,292 1 Year 1 Year -14.04% -8.80% 2 Year 2 Year -2.36% -2.47% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 22,490 3 MONTHS Active Inventory 30,000 High F 21,489 Jul 2011 = 26,410 E Low B 20,000 Jan 2008 = 19,517 M 21,389 A 10,000 Inventory this R -0.47% month at 21,388, below the 5 yr APR A 21,388 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 22,490 R -0.00% INVENTORY & BEDROOMS DISTRIBUTION BY PRICE Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ $50,000 and less 1,912 8.94% 114.6 993 791 108 20 $50,001 $75,000 2,283 10.67% 110.7 868 1,265 126 24 $75,001 $100,000 2,584 12.08% 103.3 755 1,567 233 29 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 4,769 22.30% 91.8 852 3,252 630 35 $150,001 $225,000 4,416 20.65% 93.0 690 2,367 1,257 102 $225,001 $350,000 3,199 14.96% 99.9 413 1,128 1,449 209 $350,001 and up 2,225 10.40% 115.5 229 471 1,035 490 Total Active Inventory by Units: 21,388 101.2 4,800 10,841 4,838 909 Total Active Inventory by Volume: 4,211,411,809 630.41M 1.68B 1.38B 522.36M Average Active Inventory Listing Price: $196,905 $131,334 $155,167 $284,515 $574,655Reports 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® April 2012 Active Inventory as of May 12, 2012Months Supply of Inventory Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type MSI FOR APRIL INDICATORS FOR APRIL 2012 2008 2009 2010 2011 2012 Inventory Closed Absorption MSI MSI % 9.2 36,303 7.1 14.145% 6.9 6.9 7.1 21,388 6.4 1 Year 3,025 End of Closed Average Months Percent -23.04% Month Last Closed per Supply Months 2 Year Active 12 Month over of Supply of +2.68% Inventory Months 12 Months Inventory Inventory 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 7.3 3 MONTHS 10 High F 7.3 9 Jun 2011 = 9.9 E 8 Low B 7 6 Jan 2008 = 5.4 M 7.1 5 A Months Supply 4 Months Supply this R -2.10% 3 2 month at 7.1, 1 below the 5 yr APR A 7.1 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 7.3 R -0.60% 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 1,912 8.94% 4.4 5.5 3.6 3.6 6.2 $50,001 $80,000 2,871 13.42% 7.4 9.7 6.7 5.4 9.3 $80,001 $110,000 2,755 12.88% 6.6 8.0 6.1 6.8 10.2 $110,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $170,000 5,636 26.35% 6.3 7.0 6.1 6.1 5.9 $170,001 $240,000 3,357 15.70% 7.2 8.8 7.5 6.2 7.4 $240,001 $360,000 2,728 12.75% 9.7 12.7 10.6 8.7 9.3 $360,001 and up 2,129 9.95% 15.8 22.9 16.9 13.5 18.6 MSI: 7.1 7.8 6.4 7.4 11.5 Total Active Inventory: 21,388 4,800 10,841 4,838 909Reports 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® April 2012 Closed Sales as of May 12, 2012Average Days on Market to Sale Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 91 92 86 86 87 88 79 81 73 78 1 Year 1 Year -10.94% -4.86% 2 Year 2 Year +10.69% +12.18% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 82 3 MONTHS Average Days on Market 100 High F 91 90 Feb 2011 = 95 E 80 Low B 70 60 May 2010 = 70 M 92 50 A 40 Average DOM this R 0.55% 30 20 month at 81, 10 below the 5 yr APR A 81 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 82 R -12.09% 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 154 4.66% 75.5 89.0 64.5 52.0 38.5 $25,001 $75,000 602 18.21% 81.8 94.7 75.0 81.1 122.8 $75,001 $100,000 372 11.25% 82.5 97.5 77.5 86.6 53.5 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 934 28.25% 75.2 87.0 72.3 76.6 86.0 $150,001 $175,000 317 9.59% 83.2 90.8 80.5 84.0 87.7 $175,001 $250,000 523 15.82% 79.0 86.4 74.2 81.7 81.0 $250,001 and up 404 12.22% 92.2 139.7 91.1 81.7 123.9 Average Closed DOM: 80.7 93.0 75.3 81.0 103.0 Total Closed Units: 3,306 618 1859 735 94 Total Closed Volume: 506,446,010 64.62M 238.53M 167.65M 35.64MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 6Steve Reese 405-848-9944 steve@oklahomarealtors.com
  8. 8. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® April 2012 Closed Sales as of May 12, 2012Average List Price at Closing Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 158,352 152,454 151,978 150,006 145,887 144,358 145,183 145,025 145,150 143,277 1 Year 1 Year +4.19% +1.63% 2 Year 2 Year +9.10% +5.61% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 149K 3 MONTHS Average List Price 200,000 High F 149,802 Jun 2008 = 164,437 E Low B Nov 2008 = 136,250 M 155,439 100,000 A Average LPrice this R 3.76% month at 158,352, above the 5 yr APR A 158,352 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 149,138 R 1.87% AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 129 3.90% 17,988 21,363 20,117 22,250 29,200 $25,001 $75,000 586 17.73% 52,116 54,478 55,154 55,778 56,975 $75,001 $100,000 380 11.49% 89,142 92,303 92,141 94,744 86,400 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 937 28.34% 127,907 131,672 128,613 130,089 141,214 $150,001 $175,000 305 9.23% 163,752 164,364 166,625 167,461 167,757 $175,001 $250,000 542 16.39% 209,137 210,981 209,833 217,093 222,264 $250,001 and up 427 12.92% 406,629 365,450 366,950 397,908 625,394 Average List Price: $158,352 $109,415 $132,215 $235,107 $396,812 Total Closed Units: 3,306 618 1859 735 94 Total List Volume: 523,510,697 67.62M 245.79M 172.80M 37.30MReports produced and compiled by RE STATS Inc. Information is deemed reliable but not guaranteed. Does not reflect all market activity. pp. 7Steve Reese 405-848-9944 steve@oklahomarealtors.com
  9. 9. Monthly Inventory Analysis Data from the The Oklahoma Association of REALTORS® April 2012 Closed Sales as of May 12, 2012Average Sold Price at Closing Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 153,190 146,799 145,765 143,675 141,345 141,161 139,945 140,414 137,995 139,176 1 Year 1 Year +5.09% +2.17% 2 Year 2 Year +9.10% +5.48% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 144K 3 MONTHS Average Sold Price 200,000 High F 144,105 Jun 2008 = 159,237 E Low B Nov 2008 = 131,526 M 149,449 100,000 A Average SPrice this R 3.71% month at 153,190, above the 5 yr APR A 153,190 P 0 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 144,095 R 2.50% AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+ $25,000 and less 154 4.66% 17,940 17,942 17,615 19,390 23,250 $25,001 $75,000 602 18.21% 51,918 50,905 52,727 50,301 48,750 $75,001 $100,000 372 11.25% 88,411 87,530 88,572 89,289 89,100 $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 934 28.25% 126,255 127,265 125,807 127,158 133,550 $150,001 $175,000 317 9.59% 162,771 160,884 162,791 164,001 162,721 $175,001 $250,000 523 15.82% 208,763 204,918 205,169 212,826 217,311 $250,001 and up 404 12.22% 398,110 342,259 350,480 384,477 595,205 Average Closed Price: $153,190 $104,567 $128,313 $228,088 $379,198 Total Closed Units: 3,306 618 1859 735 94 Total Closed Volume: 506,446,010 64.62M 238.53M 167.65M 35.64MReports 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® April 2012 Closed Sales as of May 12, 2012Average Percent of List Price to Selling Price Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type APRIL YEAR TO DATE (YTD) 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 96.92% 96.76% 96.99% 96.64% 96.36% 96.20% 96.05% 95.69% 95.77% 95.58% 1 Year 1 Year +1.36% +0.49% 2 Year 2 Year +0.24% -0.33% 5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG=96.51% 3 MONTHS Average List/Sell Price 98 High F 95.80% May 2008 = 97.15% E Low B 97 Jan 2011 = 95.22% M 95.79% A 96 Average List/Sell this R -0.01% month at 96.99%, above the 5 yr APR A 96.99% P 95 Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 average of 96.51% R 1.25% 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 154 4.66% 88.70% 87.01% 90.69% 88.78% 82.95% $25,001 $75,000 602 18.21% 96.48% 94.02% 98.41% 92.84% 87.03% $75,001 $100,000 372 11.25% 96.39% 95.31% 96.74% 95.59%103.79% $100,001 Contact an experienced REALTOR Ready to Buy or Sell Real Estate? $150,000 934 28.25% 98.16% 97.04% 97.90%101.42% 94.56% $150,001 $175,000 317 9.59% 97.92% 98.05% 97.87% 98.02% 96.98% $175,001 $250,000 523 15.82% 97.93% 97.38% 97.90% 98.11% 97.94% $250,001 and up 404 12.22% 96.84% 94.79% 96.49% 97.22% 96.67% Average List/Sell Ratio: 97.00% 94.75% 97.49% 97.69% 96.45% Total Closed Units: 3,306 618 1859 735 94 Total Closed Volume: 506,446,010 64.62M 238.53M 167.65M 35.64MReports 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® April 2012 Inventory as of May 12, 2012Market Summary Report Produced on: May 15, 2012Area Delimited by Entire OK State MLS - Condo/Town, Single-Family Property Type Inventory Inventory Market Activity Market Activity New Listings Closed Sales 6,682 = 23.81% 3,306 = 10.53% Start Inventory Pending Sales 21,386 4,206 = 13.39% Total Inventory Other Off Market Units 2,507 = 7.98% 28,068 Volume Active Inventory $5,400,084,226 21,388 = 68.10%Absorption: Last 12 months, an Average of 3,025 Sales/Month APRIL Year To DateActive Inventory as of April 30, 2012 = 21,388 2011 2012 +/-% 2011 2012 +/-%Closed Sales 3,089 3,306 7.02% 9,802 11,489 17.21%Pending Sales 3,272 4,206 28.55% 11,626 14,557 25.21%New Listings 6,782 6,682 -1.47% 23,596 24,801 5.11%Average List Price 151,978 158,352 4.19% 150,006 152,454 1.63%Average Sale Price 145,765 153,190 5.09% 143,675 146,799 2.17%Average Percent of List Price to Selling Price 95.69% 96.99% 1.36% 95.58% 96.05% 0.49%Average Days on Market to Sale 90.60 80.69 -10.94% 92.35 87.86 -4.86%Monthly Inventory 24,892 21,388 -14.08% 24,892 21,388 -14.08%Months Supply of Inventory 9.19 7.07 -23.07% 9.19 7.07 -23.07% 2011 2011 APRIL MARKET 2012 AVERAGE PRICES 2012 New Listings Pending Listings List Price Sale Price 6,782 6,682 158,352 151,978 153,190 4,206 3,272 145,765 -1.47% +28.55% +4.19% +5.09% 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 24,892 9.19 96.99% 90.60 21,388 7.07 95.69% 80.69 -14.08% -23.07% +1.36% -10.94%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

×