LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
Monthly Inventory Analysis Shows Decreasing Active Inventory and Rising Home Prices
1. Monthly Inventory AnalysisData from the The Oklahoma Association of REALTORS®
Area Delimited by Entire OK State MLS -
Single-Family Property Type
April 2013
Report Produced on: May 13, 2013
Absorption:
Active Inventory
3,483
20,567
APRIL Market Activity
2012 2013 +/-%
Last 12 months, an Average of Sales/Month
as of April 30, 2013 =
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
3,489 3,912 12.12%
4,038 4,595 13.79%
6,933 7,098 2.38%
156,778 165,021 5.26%
151,537 159,749 5.42%
96.51% 96.68% 0.18%
84.44 80.76 -4.35%
24,599 20,567 -16.39%
7.85 5.90 -24.83%
Analysis Wrap-Up What's in this Issue
Real Estate is Local
Closed (12.43%)
Pending (14.60%)
Other OffMarket (7.62%)
Active (65.35%)
Months Supply of Inventory (MSI) Decreases
The total housing inventory at the end of April 2013 decreased
16.39% to 20,567 existing homes available for sale. Over the
last 12 months this area has had an average of 3,483 closed
sales per month. This represents an unsold inventory index of
5.90 MSI for this period.
Average Sale Prices Going Up
According to the preliminary trends, this market area has
experienced some upward momentum with the increase of
Average Price this month. Prices went up 5.42% in April 2013
to $159,749 versus the previous year at $151,537.
Average Days on Market Shortens
The average number of 80.76 days that homes spent on the
market before selling decreased by 3.67 days or 4.35% in April
2013 compared to last year’s same month at 84.44 DOM.
Sales Success for April 2013 is Positive
Overall, with Average Prices going up and Days on Market
decreasing, the Listed versus Closed Ratio finished strong this
month.
There were 7,098 New Listings in April 2013, up 2.38% from
last year at 6,933. Furthermore, there were 3,912 Closed
Listings this month versus last year at 3,489, a 12.12%
increase.
Closed versus Listed trends yielded a 55.1% ratio, up from last
year’s April 2013 at 50.3%, a 9.52% 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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
ClosedListings
Closed Listings
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Closed Sales as of May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 3,527 3 MONTHS
CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Jul 2009 = 4,131
Jan 2010 = 1,728
Closed Listingsthis
month at
above the 5 yr APR
average of
3,912,
3,527
F
E
B
M
A
R
A
P
R
Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+
2009
3,096
2010
3,894
2011
3,246
2012
3,489
2013
3,912
1 Year
2 Year
+12.12%
+20.52%
2009
10,447
2010
11,156
2011
10,188
2012
11,971
2013
12,799
1 Year
2 Year
+6.92%
+25.63%
2,723
3,665
34.59%
3,912
6.74%
152 3.89% 92.8 76 68 5 3
$25,000
and less
640 16.36% 78.1 239 346 53 2
$25,001
$75,000
424 10.84% 86.6 105 277 38 4
$75,001
$100,000
1,064 27.20% 76.6 160 769 128 7
$100,001
$150,000
750 19.17% 84.7 98 436 200 16
$150,001
$200,000
472 12.07% 76.2 56 186 208 22
$200,001
$275,000
410 10.48% 83.1 32 110 219 49
$275,001
and up
5,000
4,000
3,000
2,000
1,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Total Closed Units:
Total Closed Volume:
Average Closed Price:
3,912
624,939,258
$159,749
80.8 766
85.52M
$111,647
2192
300.60M
$137,136
851
199.21M
$234,095
103
39.60M
$384,478
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
PendingListings
Pending Listings
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Pending Listings as of May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 4,131 3 MONTHS
PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Apr 2010 = 4,963
Dec 2009 = 2,048
Pending Listingsthis
month at
above the 5 yr APR
average of
4,595,
4,131
F
E
B
M
A
R
A
P
R
Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+
2009
3,656
2010
4,963
2011
3,402
2012
4,038
2013
4,595
1 Year
2 Year
+13.79%
+35.07%
2009
12,555
2010
14,549
2011
11,991
2012
14,445
2013
15,961
1 Year
2 Year
+10.49%
+33.11%
3,732
4,159
11.44%
4,595
10.48%
447 9.73% 68.5 197 225 22 3
$50,000
and less
490 10.66% 79.2 146 305 37 2
$50,001
$80,000
800 17.41% 63.4 171 538 87 4
$80,001
$120,000
978 21.28% 61.8 141 681 150 6
$120,001
$160,000
847 18.43% 65.6 106 468 257 16
$160,001
$220,000
561 12.21% 63.4 58 204 279 20
$220,001
$300,000
472 10.27% 72.0 50 100 258 64
$300,001
and up
5,000
4,000
3,000
2,000
1,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Total Pending Units:
Total Pending Volume:
Average Listing Price:
4,595
784,189,737
$146,405
76.6 869
108.21M
$124,520
2521
361.24M
$143,292
1090
267.88M
$245,762
115
46.86M
$407,506
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
NewListings
New Listings
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
New Listings as of May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 6,966 3 MONTHS
NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Apr 2010 = 7,848
Dec 2012 = 3,712
New Listings this
month at
above the 5 yr APR
average of
7,098,
6,966
F
E
B
M
A
R
A
P
R
Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+
2009
6,100
2010
7,848
2011
6,853
2012
6,933
2013
7,098
1 Year
2 Year
+2.38%
+3.58%
2009
22,625
2010
25,964
2011
23,855
2012
25,606
2013
25,311
1 Year
2 Year
-1.15%
+6.10%
5,516
6,740
22.19%
7,098
5.31%
599 8.44% 290 281 25 3
$50,000
and less
612 8.62% 225 330 46 11
$50,001
$75,000
1,488 20.96% 348 1,003 129 8
$75,001
$125,000
1,705 24.02% 270 1,112 301 22
$125,001
$175,000
944 13.30% 116 501 307 20
$175,001
$225,000
1,004 14.14% 138 341 470 55
$225,001
$325,000
746 10.51% 74 175 374 123
$325,001
and up
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Total New Listed Units:
Total New Listed Volume:
Average New Listed Listing Price:
7,098
1,325,150,530
$166,639
1461
192.72M
$131,912
3743
577.79M
$154,366
1652
441.74M
$267,399
242
112.89M
$466,489
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
ActiveInventory
Active Inventory
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Active Inventory as of May 12, 2013
Report Produced on: May 13, 2013
END OF APRIL ACTIVE DURING APRIL
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 23,166 3 MONTHS
INVENTORY & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Jul 2011 = 27,607
Dec 2009 = 20,275
Inventory this
month at
below the 5 yr APR
average of
20,567,
23,166
F
E
B
M
A
R
A
P
R
Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+
2009
22,119
2010
22,778
2011
25,783
2012
24,584
2013
20,567
1 Year
2 Year
-16.34%
-20.23%
2009
28,151
2010
29,776
2011
31,729
2012
30,935
2013
27,559
1 Year
2 Year
-10.91%
-13.14%
20,672
20,468
-0.99%
20,567
0.48%
1,878 9.13% 126.5 1,024 746 99 9
$50,000
and less
2,178 10.59% 118.6 843 1,157 150 28
$50,001
$75,000
2,454 11.93% 111.8 705 1,507 226 16
$75,001
$100,000
6,209 30.19% 98.0 1,255 3,886 981 87
$100,001
$175,000
2,561 12.45% 99.5 394 1,255 840 72
$175,001
$225,000
3,070 14.93% 99.4 483 1,034 1,343 210
$225,001
$350,000
2,217 10.78% 118.9 203 465 1,049 500
$350,001
and up
30,000
20,000
10,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Total Active Inventory by Units:
Total Active Inventory by Volume:
Average Active Inventory Listing Price:
20,567
4,118,996,524
$200,272
107.1 4,907
664.45M
$135,408
10,050
1.58B
$157,154
4,688
1.34B
$286,859
922
530.35M
$575,218
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
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 May 12, 2013
Report Produced on: May 13, 2013
MSI FOR APRIL INDICATORS FOR APRIL 2013
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 7.3 3 MONTHS
MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Jun 2011 = 9.9
Apr 2013 = 5.9
Months Supply this
month at
below the 5 yr APR
average of
5.9,
7.3
F
E
B
M
A
R
A
P
R
Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+
2009
6.8
2010
6.9
2011
9.1
2012
7.9
2013
5.9
1 Year
2 Year
-24.79%
-35.44%
Inventory
20,567
End of
Month
Active
Inventory
Closed
41,800
Closed
Last
12
Months
Absorption
3,483
Average
Closed per
Month over
12 Months
MSI
5.9
Months
Supply
of
Inventory
MSI %
16.937%
Percent
Months
Supply of
Inventory
6.0
5.9
-1.55%
5.9
-0.53%
1,878 9.13% 4.3 5.5 3.5 3.3 2.4
$50,000
and less
2,716 13.21% 6.8 8.3 6.1 6.4 10.5
$50,001
$80,000
2,609 12.69% 5.7 6.5 5.3 6.2 7.2
$80,001
$110,000
5,194 25.25% 4.9 6.1 4.6 4.9 9.0
$110,001
$170,000
3,455 16.80% 5.9 7.3 5.8 5.3 7.6
$170,001
$240,000
2,586 12.57% 7.0 9.3 7.5 6.0 8.2
$240,001
$360,000
2,129 10.35% 11.9 15.9 12.9 10.3 14.2
$360,001
and up
10
9
8
7
6
5
4
3
2
1
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
MSI:
Total Active Inventory: 20,567
5.9 6.9
4,907
5.3
10,050
6.1
4,688
10.3
922
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
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 May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 85 3 MONTHS
AVERAGE DOM OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Mar 2011 = 98
May 2010 = 74
Average DOM this
month at
below the 5 yr APR
average of
81,
85
F
E
B
M
A
R
A
P
R
Distribution of Average Days on Market to Sale by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+
2009
88
2010
75
2011
96
2012
84
2013
81
1 Year
2 Year
-4.35%
-15.63%
2009
90
2010
81
2011
96
2012
91
2013
83
1 Year
2 Year
-9.03%
-13.56%
87
82
-5.79%
81
-1.92%
152 3.89% 92.8 96.0 96.0 34.8 34.0
$25,000
and less
640 16.36% 78.1 84.9 74.8 72.0 9.0
$25,001
$75,000
424 10.84% 86.6 93.1 83.6 91.8 81.0
$75,001
$100,000
1,064 27.20% 76.6 95.7 72.5 76.3 104.7
$100,001
$150,000
750 19.17% 84.7 115.7 79.4 79.0 107.4
$150,001
$200,000
472 12.07% 76.2 98.8 76.0 68.7 92.5
$200,001
$275,000
410 10.48% 83.1 85.5 71.7 82.6 109.3
$275,001
and up
100
90
80
70
60
50
40
30
20
10
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Average Closed DOM:
Total Closed Units:
Total Closed Volume:
80.8
3,912
624,939,258
94.4
766
85.52M
76.6
2192
300.60M
76.9
851
199.21M
99.9
103
39.60M
pp. 6Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc.
Steve Reese 405-848-9944 steve@oklahomarealtors.com
8. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
AverageListPrice
Average List Price at Closing
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Closed Sales as of May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 152K 3 MONTHS
AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Nov 2012 = 168,289
Jan 2010 = 139,108
Average LPrice this
month at
above the 5 yr APR
average of
165,021,
152,234
F
E
B
M
A
R
A
P
R
Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+
2009
144,490
2010
144,883
2011
150,000
2012
156,778
2013
165,021
1 Year
2 Year
+5.26%
+10.01%
2009
143,088
2010
143,911
2011
148,354
2012
151,102
2013
162,394
1 Year
2 Year
+7.47%
+9.46%
162,252
165,175
1.80%
165,021
-0.09%
130 3.32% 17,806 19,930 19,748 19,060 21,267
$25,000
and less
621 15.87% 52,735 52,118 58,303 54,468 49,250
$25,001
$75,000
418 10.69% 88,782 92,555 91,276 92,364 89,800
$75,001
$100,000
1,055 26.97% 127,834 130,159 129,458 135,582 134,020
$100,001
$150,000
785 20.07% 174,433 175,668 174,869 180,677 183,981
$150,001
$200,000
468 11.96% 234,806 242,457 235,749 237,890 249,621
$200,001
$275,000
435 11.12% 440,697 432,635 387,897 439,031 648,756
$275,001
and up
200,000
100,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Average List Price:
Total Closed Units:
Total List Volume:
$165,021
3,912
645,560,403
$116,386
766
89.15M
$141,019
2192
309.11M
$241,611
851
205.61M
$404,700
103
41.68M
pp. 7Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc.
Steve Reese 405-848-9944 steve@oklahomarealtors.com
9. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
AverageSoldPrice
Average Sold Price at Closing
ReadytoBuyorSellRealEstate?
ContactanexperiencedREALTOR
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Closed Sales as of May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 147K 3 MONTHS
AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Nov 2012 = 162,717
Jan 2010 = 133,466
Average SPrice this
month at
above the 5 yr APR
average of
159,749,
146,905
F
E
B
M
A
R
A
P
R
Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+
2009
139,301
2010
140,139
2011
143,797
2012
151,537
2013
159,749
1 Year
2 Year
+5.42%
+11.09%
2009
137,754
2010
138,704
2011
142,058
2012
145,414
2013
157,045
1 Year
2 Year
+8.00%
+10.55%
155,999
160,181
2.68%
159,749
-0.27%
152 3.89% 16,764 16,990 16,354 17,280 19,467
$25,000
and less
640 16.36% 51,949 48,439 54,560 50,920 47,000
$25,001
$75,000
424 10.84% 87,883 87,812 88,058 87,056 85,438
$75,001
$100,000
1,064 27.20% 127,027 126,018 126,530 131,172 128,857
$100,001
$150,000
750 19.17% 173,361 172,172 171,761 177,309 174,866
$150,001
$200,000
472 12.07% 233,586 236,901 230,978 234,558 237,999
$200,001
$275,000
410 10.48% 430,371 410,341 373,351 420,463 615,741
$275,001
and up
200,000
100,000
0
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Average Closed Price:
Total Closed Units:
Total Closed Volume:
$159,749
3,912
624,939,258
$111,647
766
85.52M
$137,136
2192
300.60M
$234,095
851
199.21M
$384,478
103
39.60M
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
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 May 12, 2013
Report Produced on: May 13, 2013
APRIL YEAR TO DATE (YTD)
5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG=96.31% 3 MONTHS
AVERAGE L/S% OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE
High
Low
Mar 2013 = 97.21%
Jan 2011 = 95.15%
Average List/Sell this
month at
above the 5 yr APR
average of
96.68%,
96.31%
F
E
B
M
A
R
A
P
R
Distribution of $avgmed L/S % by Price Range % AVL/S% 2 Beds 3 Beds 4 Beds 5 Beds+
2009
96.05%
2010
96.70%
2011
95.62%
2012
96.51%
2013
96.68%
1 Year
2 Year
+0.18%
+1.11%
2009
95.71%
2010
96.29%
2011
95.49%
2012
95.83%
2013
96.62%
1 Year
2 Year
+0.83%
+1.19%
95.91%
97.21%
1.35%
96.68%
-0.54%
152 3.89% 86.23% 86.83% 85.15% 89.99% 89.19%
$25,000
and less
640 16.36% 94.22% 93.65% 94.63% 94.03% 96.57%
$25,001
$75,000
424 10.84% 96.42% 95.88% 96.83% 94.98% 95.76%
$75,001
$100,000
1,064 27.20% 97.63% 97.01% 97.86% 97.08% 96.95%
$100,001
$150,000
750 19.17% 98.21% 98.15% 98.29% 98.26% 95.68%
$150,001
$200,000
472 12.07% 98.89% 97.84% 98.15%100.17% 95.86%
$200,001
$275,000
410 10.48% 96.85% 95.65% 96.93% 97.11% 96.29%
$275,001
and up
98
97
96
95
Jun 2009 Dec 2009 Jun 2010 Dec 2010 Jun 2011 Dec 2011 Jun 2012 Dec 2012
Average List/Sell Ratio:
Total Closed Units:
Total Closed Volume:
96.70%
3,912
624,939,258
94.95%
766
85.52M
96.89%
2192
300.60M
97.79%
851
199.21M
95.93%
103
39.60M
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. Monthly Inventory Analysis
The Oklahoma Association of
REALTORS®
April 2013
Market Summary
Data from the
Area Delimited by Entire OK State MLS - Single-Family Property Type
Inventory as of May 12, 2013
Report Produced on: May 13, 2013
Inventory Inventory Market Activity Market Activity
New Listings Closed Sales
Pending Sales
Other Off Market
Active Inventory
Start Inventory
Total Inventory
Units
Volume
7,098 = 25.75%
20,471
27,569
$5,381,565,848
3,912 = 12.43%
4,595 = 14.60%
2,398 = 7.62%
20,567 = 65.35%
Absorption:
Active Inventory
3,483
20,567
APRIL Year To Date
2012 2013 +/-% 2012 2013 +/-%
Last 12 months, an Average of Sales/Month
as of April 30, 2013 =
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
3,489 3,912 12.12%
4,038 4,595 13.79%
6,933 7,098 2.38%
156,778 165,021 5.26%
151,537 159,749 5.42%
96.51% 96.68% 0.18%
84.44 80.76 -4.35%
24,599 20,567 -16.39%
7.85 5.90 -24.83%
11,971 12,799 6.92%
14,445 15,961 10.49%
25,606 25,311 -1.15%
151,102 162,394 7.47%
145,414 157,045 8.00%
95.83% 96.62% 0.83%
91.16 82.93 -9.03%
24,599 20,567 -16.39%
7.85 5.90 -24.83%
New Listings Pending Listings List Price Sale Price
Active Inventory Monthly Supply of Inventory % of List to Sale Price Days on Market to Sale
2012
2013
2012
2013
2012
2013
2012
2013
APRIL MARKET AVERAGE PRICES
INVENTORY AVERAGE L/S% & DOM
6,933
4,038
7,098
+2.38%
4,595
+13.79%
156,778
151,537
165,021
+5.26%
159,749
+5.42%
24,599 7.85
20,567
-16.39%
5.90
-24.83%
96.51%
84.4496.68%
+0.18%
80.76
-4.35%
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