The November numbers have just been released and they show decreasing Home Values as compared to the same time last year. The number closed is also sharply down indicating a slowing real estate market in Oklahoma City.
Total closed in November 2008 was 948 down ↓29.6 % from the 1347 closed in November 2007.
The average price was $136,198 down ↓6.9 % from the November 2007 price of $146,329.
The median price was $116,000 down ↓5.7% from the November 2007 price of $123,000.
The average Days On Market for November 2008 was 88 up from 77 in 2007.
Based on information provided to and compiled by MLSGateway.com, Inc. covering a period 2007 through 2008MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy.
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Joel Garcia
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