HOWS THE REAL ESTATE MARKET IN TULSA?
What’s Really Going On In Tulsas Housing Market?
One word to describe the current real estate market in Tulsa is BOOMING…right now homes are hard to come by and there are lots of buyers looking for a home but can’t seem to find one quick enough! In fact, the inventory of homes in Tulsa since last year has gone down over 60% not only are we seeing demand for inventory but we are also having a spike in home value. The current average sales price in Tulsa is $220,077 which is over 15% higher than it was last year. More buyers in need of homes is causing homes to sell at a record rate the average days on market for Tulsa has gone down over 23%!
With Tulsa about to hit peak summer months..it is expected that this current real estate market will not stop anytime soon. Nationwide, the best time of year to sell a house is usually considered the beginning of May. Homes that are listed at the end of spring and beginning of summer not only tend to sell faster but also for higher prices.
What’s Causing The Housing Market In Tulsa?
The reason there is an influx of home buyers could be a sign that Tulsa is growing in numbers and is seemingly becoming more desirable to people moving from out of state. With the gathering place opening up and Tulsa becoming more modernized to big city life it makes sense that the housing market is booming, Tulsa is likely to keep growing and the market will heat up more within the summer months due to many families moving during school breaks.
Tulsa is Ranked
#37 Best Cities to Retire in America
#43 Cities With Lowest Cost Of Living
#1 Best City Park In America 2021
What Does This Mean For Your Home?
If you have had any thoughts about selling your home NOW IS THE TIME! If you are wondering how much your home is worth or want to know more bout the process please fill out the form below, we have buyers for your home! The 918HomeTeam was the top producing team in Oklahoma for Keller Williams Realty just last year alone we helped over 300 families sell there home for top dollar and we can help you to! Our professional team of agents, assistants, and transaction coordinators will assist you throughout the whole home selling process and negotiate the best deal on your behalf!