Market Conditions

Written by Posted On Thursday, 25 October 2007 17:00

Oklahoma City, Oklahoma, housing reports indicate that average days on market has increased from 65 to 81 days in the last year, a common trend for much of the country.

Total sales volume for the area has turned in favor of buyers as well, with a 5.6 percent decrease.

The good news for sellers? Average prices continue to rise at a healthy, and hopefully sustainable, rate of 5 percent.

Oklahoma City is expecting large additions to its job market -- with announcements from Dell and Tinker Air Force Base -- adding nearly 19,000 new jobs -- a sure boost to any local economy.

Looking for average prices? Local experts report the average price is $100 per square foot.

For information on your area, please click here .

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