Monthly Inventory AnalysisData from the The Oklahoma Association of REALTORS®
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Monthly Inventory Analysis
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February 2014
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February 2014
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February 2014
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February 2014
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February 2014
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February 2014
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February 2014 Housing Sales Statistics

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February 2014 Housing Sales Statistics

  1. 1. Monthly Inventory AnalysisData from the The Oklahoma Association of REALTORS® Area Delimited by Entire OK State MLS - Single-Family Property Type February 2014 Report Produced on: Mar 12, 2014 Absorption: Active Inventory 3,642 19,023 FEBRUARY Market Activity 2013 2014 +/-% Last 12 months, an Average of Sales/Month as of February 28, 2014 = 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 Closed Listings 1 Pending Listings 2 New Listings 3 Inventory 4 Months Supply of Inventory 5 Average Days on Market to Sale 6 Average List Price at Closing 7 Average Sale Price at Closing 8 Average Percent of List Price to Selling Price 9 Market Summary 10 2,738 2,685 -1.94% 3,650 3,520 -3.56% 5,483 5,190 -5.34% 162,164 156,488 -3.50% 155,938 151,242 -3.01% 95.93% 96.28% 0.37% 86.70 84.19 -2.89% 20,675 19,023 -7.99% 5.98 5.22 -12.62% Analysis Wrap-Up What's in this Issue Real Estate is Local Closed (9.74%) Pending (12.77%) Other OffMarket (8.47%) Active (69.01%) Months Supply of Inventory (MSI) Decreases The total housing inventory at the end of February 2014 decreased 7.99% to 19,023 existing homes available for sale. Over the last 12 months this area has had an average of 3,642 closed sales per month. This represents an unsold inventory index of 5.22 MSI for this period. Average Sale Prices Falling According to the preliminary trends, this market area has experienced some downward momentum with the decline of Average Price this month. Prices dipped 3.01% in February 2014 to $151,242 versus the previous year at $155,938. Average Days on Market Shortens The average number of 84.19 days that homes spent on the market before selling decreased by 2.51 days or 2.89% in February 2014 compared to last year’s same month at 86.70 DOM. Sales Success for February 2014 is Positive Overall, with Average Prices falling and Days on Market decreasing, the Listed versus Closed Ratio finished strong this month. There were 5,190 New Listings in February 2014, down 5.34% from last year at 5,483. Furthermore, there were 2,685 Closed Listings this month versus last year at 2,738, a -1.94% decrease. Closed versus Listed trends yielded a 51.7% ratio, up from last year’s February 2014 at 49.9%, a 3.60% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come. 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 Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc.
  2. 2. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 ClosedListings Closed Listings ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Closed Sales as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 2,425 3 MONTHS CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE High Low Jul 2013 = 4,633 Jan 2010 = 1,720 Closed Listingsthis month at above the 5 yr FEB average of 2,685, 2,425 D E C J A N F E B Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 2,188 2011 2,090 2012 2,424 2013 2,738 2014 2,685 1 Year 2 Year -1.94% +10.77% 2010 3,908 2011 4,072 2012 4,732 2013 5,272 2014 5,193 1 Year 2 Year -1.50% +9.74% 3,161 2,508 -20.66% 2,685 7.06% 146 5.44% 105.5 83 54 8 1 $25,000 and less 263 9.80% 87.4 110 134 17 2 $25,001 $50,000 583 21.71% 89.1 146 376 58 3 $50,001 $100,000 655 24.39% 73.6 97 468 87 3 $100,001 $150,000 266 9.91% 71.5 28 171 63 4 $150,001 $175,000 507 18.88% 86.0 63 237 189 18 $175,001 $275,000 265 9.87% 93.8 24 75 133 33 $275,001 and up 5,000 4,000 3,000 2,000 1,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Total Closed Units: Total Closed Volume: Average Closed Price: 2,685 406,085,723 $151,242 84.2 551 56.66M $102,830 1515 201.54M $133,030 555 123.31M $222,179 64 24.58M $384,002 pp. 1Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  3. 3. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 PendingListings Pending Listings ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Pending Listings as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 3,140 3 MONTHS PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE High Low Apr 2010 = 4,937 Dec 2010 = 2,050 Pending Listingsthis month at above the 5 yr FEB average of 3,520, 3,140 D E C J A N F E B Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 2,965 2011 2,321 2012 3,242 2013 3,650 2014 3,520 1 Year 2 Year -3.56% +8.57% 2010 5,376 2011 4,895 2012 6,366 2013 7,077 2014 6,933 1 Year 2 Year -2.03% +8.91% 2,333 3,413 46.29% 3,520 3.14% 339 9.63% 83.5 151 171 16 1 $40,000 and less 361 10.26% 77.6 113 220 25 3 $40,001 $70,000 592 16.82% 79.5 132 397 57 6 $70,001 $110,000 845 24.01% 67.9 129 594 114 8 $110,001 $160,000 595 16.90% 76.4 76 320 193 6 $160,001 $210,000 431 12.24% 86.3 54 177 182 18 $210,001 $290,000 357 10.14% 87.9 29 88 195 45 $290,001 and up 5,000 4,000 3,000 2,000 1,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Total Pending Units: Total Pending Volume: Average Listing Price: 3,520 573,762,474 $145,266 92.1 684 80.42M $117,570 1967 272.57M $138,573 782 185.09M $236,691 87 35.68M $410,103 pp. 2Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  4. 4. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 NewListings New Listings ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type New Listings as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 5,162 3 MONTHS NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE High Low Apr 2010 = 7,795 Dec 2013 = 3,475 New Listings this month at above the 5 yr FEB average of 5,190, 5,162 D E C J A N F E B Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 5,288 2011 4,376 2012 5,475 2013 5,483 2014 5,190 1 Year 2 Year -5.34% -5.21% 2010 10,396 2011 9,840 2012 11,587 2013 11,418 2014 11,074 1 Year 2 Year -3.01% -4.43% 3,475 5,884 69.32% 5,190 -11.79% 459 8.84% 213 210 34 2 $50,000 and less 516 9.94% 172 305 35 4 $50,001 $75,000 593 11.43% 162 372 56 3 $75,001 $100,000 1,672 32.22% 230 1,146 284 12 $100,001 $175,000 650 12.52% 80 346 207 17 $175,001 $225,000 773 14.89% 81 294 351 47 $225,001 $350,000 527 10.15% 43 126 260 98 $350,001 and up 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Total New Listed Units: Total New Listed Volume: Average New Listed Listing Price: 5,190 990,931,913 $177,567 981 124.90M $127,318 2799 434.16M $155,112 1227 331.92M $270,514 183 99.95M $546,201 pp. 3Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  5. 5. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 ActiveInventory Active Inventory ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Active Inventory as of Mar 12, 2014 Report Produced on: Mar 12, 2014 END OF FEBRUARY ACTIVE DURING FEBRUARY 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 21,254 3 MONTHS INVENTORY & BEDROOMS DISTRIBUTION BY PRICE High Low Jul 2011 = 26,773 Feb 2014 = 19,023 Inventory this month at below the 5 yr FEB average of 19,023, 21,254 D E C J A N F E B Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 20,219 2011 23,486 2012 22,880 2013 20,660 2014 19,023 1 Year 2 Year -7.92% -16.86% 2010 25,192 2011 28,331 2012 28,728 2013 26,414 2014 24,878 1 Year 2 Year -5.82% -13.40% 20,185 19,696 -2.42% 19,023 -3.42% 1,835 9.65% 130.6 935 787 105 8 $50,000 and less 2,071 10.89% 129.9 810 1,104 142 15 $50,001 $75,000 2,263 11.90% 116.5 635 1,397 213 18 $75,001 $100,000 5,303 27.88% 107.6 956 3,427 848 72 $100,001 $175,000 3,267 17.17% 112.1 514 1,617 1,030 106 $175,001 $250,000 2,305 12.12% 115.1 303 730 1,084 188 $250,001 $375,000 1,979 10.40% 124.4 208 409 944 418 $375,001 and up 30,000 20,000 10,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Total Active Inventory by Units: Total Active Inventory by Volume: Average Active Inventory Listing Price: 19,023 3,869,939,687 $203,435 116.7 4,361 617.51M $141,598 9,471 1.51B $159,260 4,366 1.29B $296,337 825 450.28M $545,792 pp. 4Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  6. 6. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 MonthsSupply Months Supply of Inventory ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Active Inventory as of Mar 12, 2014 Report Produced on: Mar 12, 2014 MSI FOR FEBRUARY INDICATORS FOR FEBRUARY 2014 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 6.7 3 MONTHS MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE High Low Jun 2011 = 9.7 Feb 2014 = 5.2 Months Supply this month at below the 5 yr FEB average of 5.2, 6.7 D E C J A N F E B Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 6.4 2011 8.1 2012 7.6 2013 6.0 2014 5.2 1 Year 2 Year -13.23% -30.92% Inventory 19,023 End of Month Active Inventory Closed 43,703 Closed Last 12 Months Absorption 3,642 Average Closed per Month over 12 Months MSI 5.2 Months Supply of Inventory MSI % 19.145% Percent Months Supply of Inventory 5.5 5.4 -2.36% 5.2 -3.30% 1,835 9.65% 4.3 5.0 3.8 3.9 1.9 $50,000 and less 1,694 8.91% 6.8 8.7 6.0 5.6 5.7 $50,001 $70,000 3,235 17.01% 5.3 6.2 4.9 5.9 6.8 $70,001 $110,000 5,065 26.63% 4.1 4.6 4.0 4.2 6.6 $110,001 $180,000 2,910 15.30% 4.9 5.8 5.1 4.3 5.6 $180,001 $250,000 2,365 12.43% 6.4 8.5 6.7 5.7 7.4 $250,001 $380,000 1,919 10.09% 11.7 16.3 12.4 10.4 12.7 $380,001 and up 10 9 8 7 6 5 4 3 2 1 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 MSI: Total Active Inventory: 19,023 5.2 6.0 4,361 4.7 9,471 5.4 4,366 8.4 825 pp. 5Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  7. 7. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 AverageDaysonMarket Average Days on Market to Sale ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Closed Sales as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 89 3 MONTHS AVERAGE DOM OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE High Low Mar 2011 = 98 Jul 2013 = 69 Average DOM this month at below the 5 yr FEB average of 84, 89 D E C J A N F E B Distribution of Average Days on Market to Sale by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 86 2011 98 2012 92 2013 87 2014 84 1 Year 2 Year -2.89% -8.51% 2010 83 2011 95 2012 92 2013 84 2014 83 1 Year 2 Year -0.96% -9.07% 83 83 -0.20% 84 1.81% 146 5.44% 105.5 122.2 78.4 120.8 55.0 $25,000 and less 263 9.80% 87.4 112.2 68.7 85.1 6.5 $25,001 $50,000 583 21.71% 89.1 96.9 85.7 87.5 160.3 $50,001 $100,000 655 24.39% 73.6 87.9 69.8 78.8 66.3 $100,001 $150,000 266 9.91% 71.5 103.5 66.0 72.8 65.0 $150,001 $175,000 507 18.88% 86.0 114.2 76.5 86.5 108.1 $175,001 $275,000 265 9.87% 93.8 115.0 83.1 94.0 101.8 $275,001 and up 100 90 80 70 60 50 40 30 20 10 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Average Closed DOM: Total Closed Units: Total Closed Volume: 84.2 2,685 406,085,723 105.3 551 56.66M 75.2 1515 201.54M 86.1 555 123.31M 98.7 64 24.58M pp. 6Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  8. 8. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 AverageListPrice Average List Price at Closing ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Closed Sales as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 152K 3 MONTHS AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE High Low Jul 2013 = 176,633 Jan 2010 = 139,091 Average LPrice this month at above the 5 yr FEB average of 156,488, 152,065 D E C J A N F E B Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 145,909 2011 147,665 2012 148,099 2013 162,164 2014 156,488 1 Year 2 Year -3.50% +5.66% 2010 142,908 2011 148,904 2012 145,255 2013 158,504 2014 157,344 1 Year 2 Year -0.73% +8.32% 165,361 158,261 -4.29% 156,488 -1.12% 127 4.73% 17,792 20,133 19,785 23,075 19,900 $25,000 and less 255 9.50% 38,353 39,904 41,150 41,247 54,700 $25,001 $50,000 576 21.45% 79,109 80,605 82,144 81,700 97,900 $50,001 $100,000 641 23.87% 128,098 132,099 130,470 136,211 141,743 $100,001 $150,000 276 10.28% 163,548 167,948 165,834 169,082 169,200 $150,001 $175,000 530 19.74% 217,704 219,205 219,849 225,702 240,074 $175,001 $275,000 280 10.43% 428,325 445,442 377,297 422,641 611,983 $275,001 and up 200,000 100,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Average List Price: Total Closed Units: Total List Volume: $156,488 2,685 420,170,891 $108,613 551 59.85M $136,824 1515 207.29M $228,821 555 127.00M $406,903 64 26.04M pp. 7Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  9. 9. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 AverageSoldPrice Average Sold Price at Closing ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Closed Sales as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG = 146K 3 MONTHS AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE High Low Jul 2013 = 171,586 Jan 2010 = 133,454 Average SPrice this month at above the 5 yr FEB average of 151,242, 146,259 D E C J A N F E B Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 140,137 2011 141,587 2012 142,392 2013 155,938 2014 151,242 1 Year 2 Year -3.01% +6.22% 2010 137,196 2011 142,594 2012 139,430 2013 152,863 2014 151,774 1 Year 2 Year -0.71% +8.85% 160,021 152,343 -4.80% 151,242 -0.72% 146 5.44% 16,935 17,073 16,870 16,931 9,000 $25,000 and less 263 9.80% 37,255 36,592 37,873 36,502 38,750 $25,001 $50,000 583 21.71% 78,328 76,082 79,119 78,411 86,967 $50,001 $100,000 655 24.39% 127,650 127,668 126,994 130,769 138,967 $100,001 $150,000 266 9.91% 163,067 163,968 162,421 164,486 162,050 $150,001 $175,000 507 18.88% 217,409 211,477 214,821 221,244 231,958 $175,001 $275,000 265 9.87% 418,630 408,805 369,154 409,404 575,406 $275,001 and up 200,000 100,000 0 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Average Closed Price: Total Closed Units: Total Closed Volume: $151,242 2,685 406,085,723 $102,830 551 56.66M $133,030 1515 201.54M $222,179 555 123.31M $384,002 64 24.58M pp. 8Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  10. 10. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 AverageList/SellPrice Average Percent of List Price to Selling Price ReadytoBuyorSellRealEstate? ContactanexperiencedREALTOR Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Closed Sales as of Mar 12, 2014 Report Produced on: Mar 12, 2014 FEBRUARY YEAR TO DATE (YTD) 5 YEAR MARKET ACTIVITY TRENDS 5yr FEB AVG=95.78% 3 MONTHS AVERAGE L/S% OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE High Low Dec 2013 = 97.04% Jan 2011 = 95.22% Average List/Sell this month at above the 5 yr FEB average of 96.28%, 95.78% D E C J A N F E B Distribution of $avgmed L/S % by Price Range % AVL/S% 2 Beds 3 Beds 4 Beds 5 Beds+ 2010 95.78% 2011 95.43% 2012 95.49% 2013 95.93% 2014 96.28% 1 Year 2 Year +0.37% +0.83% 2010 95.64% 2011 95.32% 2012 95.40% 2013 96.13% 2014 96.12% 1 Year 2 Year +0.76% 97.04% 95.95% -1.12% 96.28% 0.34% 146 5.44% 86.19% 86.39% 87.54% 80.02% 45.23% $25,000 and less 263 9.80% 93.07% 93.22% 93.44% 91.95% 69.38% $25,001 $50,000 583 21.71% 96.38% 94.74% 97.10% 96.26% 88.86% $50,001 $100,000 655 24.39% 97.25% 96.81% 97.52% 96.30% 98.30% $100,001 $150,000 266 9.91% 97.92% 97.79% 98.19% 97.36% 95.82% $150,001 $175,000 507 18.88% 97.97% 96.80% 98.23% 98.13% 96.92% $175,001 $275,000 265 9.87% 97.56% 96.29% 98.48% 97.57% 96.39% $275,001 and up 98 97 96 95 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Average List/Sell Ratio: Total Closed Units: Total Closed Volume: 96.30% 2,685 406,085,723 94.00% 551 56.66M 96.93% 1515 201.54M 96.98% 555 123.31M 94.60% 64 24.58M pp. 9Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com
  11. 11. Monthly Inventory Analysis The Oklahoma Association of REALTORS® February 2014 Market Summary Data from the Area Delimited by Entire OK State MLS - Single-Family Property Type Inventory as of Mar 12, 2014 Report Produced on: Mar 12, 2014 Inventory Inventory Market Activity Market Activity New Listings Closed Sales Pending Sales Other Off Market Active Inventory Start Inventory Total Inventory Units Volume 5,190 = 20.86% 19,696 24,886 $4,897,328,635 2,685 = 9.74% 3,520 = 12.77% 2,336 = 8.47% 19,023 = 69.01% Absorption: Active Inventory 3,642 19,023 FEBRUARY Year To Date 2013 2014 +/-% 2013 2014 +/-% Last 12 months, an Average of Sales/Month as of February 28, 2014 = 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 2,738 2,685 -1.94% 3,650 3,520 -3.56% 5,483 5,190 -5.34% 162,164 156,488 -3.50% 155,938 151,242 -3.01% 95.93% 96.28% 0.37% 86.70 84.19 -2.89% 20,675 19,023 -7.99% 5.98 5.22 -12.62% 5,272 5,193 -1.50% 7,077 6,933 -2.03% 11,418 11,074 -3.01% 158,504 157,344 -0.73% 152,863 151,774 -0.71% 96.13% 96.12% -0.00% 84.28 83.47 -0.96% 20,675 19,023 -7.99% 5.98 5.22 -12.62% New Listings Pending Listings List Price Sale Price Active Inventory Monthly Supply of Inventory % of List to Sale Price Days on Market to Sale 2013 2014 2013 2014 2013 2014 2013 2014 FEBRUARY MARKET AVERAGE PRICES INVENTORY AVERAGE L/S% & DOM 5,483 3,650 5,190 -5.34% 3,520 -3.56% 162,164 155,938156,488 -3.50% 151,242 -3.01% 20,675 5.98 19,023 -7.99% 5.22 -12.62% 95.93% 86.7096.28% +0.37% 84.19 -2.89% pp. 10Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc. Steve Reese 405-848-9944 steve@oklahomarealtors.com

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