April Sales Statistics

7/21/2019 April Sales Statistics

1/11

Monthly Inventory AnalysisData from the Greater Tulsa Association of REALTORS

Area Delimited by Counties Of Creek,Okmulgee, Osage, Pawnee, Rogers, Tulsa,

Wagoner

April 2015

Report Produced on: May 14, 2015

Absorption:

Active Inventory

1,129

6,013

APRIL Market Activity

2014 2015 +/-%

Last 12 months, an Average of Sales/Month

as of April 30, 2015 =

Closed ListingsPending ListingsNew ListingsAverage List PriceAverage Sale PriceAverage Percent of List Price to Selling PriceAverage Days on Market to SaleEnd of Month InventoryMonths 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 7Average Sale Price at Closing 8

Average Percent of List Price to Selling Price 9

Market Summary 10

1,133 1,118 -1.32%1,397 1,575 12.74%2,558 2,339 -8.56%

168,374 179,537 6.63%162,830 174,001 6.86%96.61% 97.39% 0.81%

53.96 51.75 -4.09%6,338 6,013 -5.13%

5.93 5.33 -10.21%

Analysis Wrap-Up What's in this Issue

Real Estate is Local

Closed (11.88%)

Pending (16.73%)

Other OffMarket (7.51%)

Active (63.88%)

Months Supply of Inventory (MSI) Decreases

The total housing inventory at the end of April 2015 decreased

5.13% to 6,013 existing homes available for sale. Over the last12 months this area has had an average of 1,129 closed sales

per month. This represents an unsold inventory index of 5.33

MSI for this period.

Average Sale Prices Going UpAccording to the preliminary trends, this market area hasexperienced some upward momentum with the increase of

Average Price this month. Prices went up 6.86% in April 2015to $174,001 versus the previous year at $162,830.

Average Days on Market Shortens

The average number of 51.75 days that homes spent on themarket before selling decreased by 2.21 days or 4.09% in April

2015 compared to last years same month at 53.96 DOM.

Sales Success for April 2015 is Positive

Overall, with Average Prices going up and Days on Marketdecreasing, the Listed versus Closed Ratio finished strong this

month.

There were 2,339 New Listings in April 2015, down 8.56% fromlast year at 2,558. Furthermore, there were 1,118 Closed

Listings this month versus last year at 1,133, a -1.32%decrease.

Closed versus Listed trends yielded a 47.8% ratio, up from lastyears April 2015 at 44.3%, a 7.92% upswing. This will certainly

create pressure on a decreasing Months 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, isone of the most important decisions they will make. Choosing a

real estate professional continues to be a vital part of thisprocess.

Identify a Professional to Manage the Procedure

REALTORS are well-informed about critical factors that affectyour specific market area - such as changes in market

conditions, consumer attitudes and interest rates.

Are You Ready to Buy or Sell Real Estate?

Contact an experienced REALTOR

Visit www.tulsarealtors.com to find a REALTOR today.

Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc.
http://www.tulsarealtors.com/http://www.redatum.com/http://www.redatum.com/http://www.redatum.com/http://www.tulsarealtors.com/


2/11

Monthly Inventory Analysis Greater Tulsa Association ofREALTORS

April 2015

Clos

edListings

Closed Listings

R

eadytoBuyorSellRealEstate?

C

ontactanexperiencedREALTOR

Data from the

Area Delimited by Counties Of Creek, Okmulgee, Osage, Pawnee, Rogers, Tulsa, Wagoner

Closed Sales as of May 14, 2015


APRIL YEAR TO DATE (YTD)

5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 1,079 3 MONTHS

CLOSED LISTINGS & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jul 2014 = 1,360

Jan 2011 = 582

Closed Listingsthis

month at

above the 5 yr APR

average of

1,118,

1,079

FEB

MAR

APR

Distribution of Closed Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+

2011

915

2012

1,033

2013

1,198

2014

1,133

2015

1,118

1 Year

2 Year

-1.32%

-6.68%

2011

2,889

2012

3,493

2013

3,885

2014

3,796

2015

3,921

1 Year

2 Year

+3.29%

+0.93%

860

1,170

36.05%

1,118

-4.44%

45 4.03% 57.2 29 15 1 0$25,000and less

186 16.64% 49.5 79 93 14 0$25,001$75,000

107 9.57% 55.2 25 73 8 1$75,001$100,000

241 21.56% 45.5 22 192 27 0

$100,001

$150,000

241 21.56% 50.4 20 155 64 2$150,001$200,000

185 16.55% 53.8 7 81 87 10$200,001$300,000

113 10.11% 62.7 1 22 78 12$300,001

and up

2,000

1,000

0Jun 2011 Dec 2011 Jun 2012 Dec 2012 Jun 2013 Dec 2013 Jun 2014 Dec 2014

Total Closed Units:Total Closed Volume:Average Closed Price:

1,118194,532,801

$174,001

51.7 18315.38M$84,027

63191.17M

$144,483

27977.10M

$276,340

2510.89M

$435,525

pp. 1Reports produced and compiled by Information is deemed reliable but not guaranteed. Does not reflect all market activity.RE STATS Inc.

Greater Tulsa Association of REALTORS 918-663-7500 [email protected]
http://www.redatum.com/http://www.redatum.com/http://www.redatum.com/


3/11


April 2015

Pend

ingListings

Pending Listings

R


C


Data from the


Pending Listings as of May 14, 2015




PENDING LISTINGS & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Apr 2015 = 1,575

Feb 2011 = 634

Pending Listingsthis

month at

above the 5 yr APR

average of

1,575,

1,289

FEB

MAR

APR

Distribution of Pending Listings by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+

2011

945

2012

1,220

2013

1,307

2014

1,397

2015

1,575

1 Year

2 Year

+12.74%

+20.50%

2011

3,401

2012

4,259

2013

4,767

2014

4,641

2015

5,124

1 Year

2 Year

+10.41%

+7.49%

1,191

1,325

11.25%

1,575

18.87%

160 10.16% 53.5 108 43 6 3$50,000and less

109 6.92% 53.3 28 74 7 0$50,001$75,000

322 20.44% 46.0 48 242 29 3$75,001$125,000

218 13.84% 38.8 22 167 27 2

$125,001

$150,000

399 25.33% 38.7 27 225 138 9$150,001$225,000

193 12.25% 49.9 4 83 93 13$225,001$325,000

174 11.05% 57.2 5 34 98 37$325,001

and up

2,000

1,000


Total Pending Units:Total Pending Volume:Average Listing Price:

1,575291,560,873

$156,167

50.7 24221.11M$87,226

868133.76M

$154,099

398106.88M$268,549

6729.81M

$444,952




4/11


April 2015

New

Listings

New Listings

R


C


Data from the


New Listings as of May 14, 2015




NEW LISTINGS & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Mar 2011 = 2,928

Dec 2012 = 1,435

New Listingsthis

month at

below the 5 yr APR

average of

2,339,

2,528

FEB

MAR

APR

Distribution of New Listings by Price Range % 2 Beds 3 Beds 4 Beds 5 Beds+

2011

2,693

2012

2,664

2013

2,387

2014

2,558

2015

2,339

1 Year

2 Year

-8.56%

-2.01%

2011

9,690

2012

10,209

2013

9,107

2014

9,202

2015

8,838

1 Year

2 Year

-3.96%

-2.95%

2,129

2,267

6.48%

2,339

3.18%

101 4.32% 76 18 5 2$25,000and less

387 16.55% 228 138 19 2$25,001$75,000

379 16.20% 80 259 38 2$75,001$125,000

515 22.02% 34 379 98 4

$125,001

$175,000

421 18.00% 21 196 184 20$175,001$275,000

289 12.36% 33 75 148 33$275,001$400,000

247 10.56% 22 36 126 63$400,001

and up

3,000

2,000

1,000


Total New Listed Units:Total New Listed Volume:Average New Listed Listing Price:

2,339508,744,787

$198,765

49463.77M

$129,093

1101182.10M

$165,395

618192.97M$312,249

12669.90M

$554,781




5/11


April 2015

ActiveInventory

Active Inventory

R


C


Data from the


Active Inventory as of May 14, 2015


END OF APRIL ACTIVE DURING APRIL


INVENTORY & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jul 2011 = 8,770

Dec 2014 = 5,740

Inventory this

month at

below the 5 yr APR

average of

6,013,

6,995

FEB

MAR

APR

Distribution of Inventory by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+

2011

8,352

2012

7,744

2013

6,530

2014

6,337

2015

6,013

1 Year

2 Year

-5.11%

-7.92%

2011

10,496

2012

9,951

2013

8,578

2014

8,445

2015

8,267

1 Year

2 Year

-2.11%

-3.63%

5,879

5,966

1.48%

6,013

0.79%

555 9.23% 86.4 512 36 5 2$25,000and less

721 11.99% 73.5 560 134 24 3$25,001$50,000

549 9.13% 62.9 301 219 25 4$50,001$75,000

1,749 29.09% 62.8 401 1,078 252 18

$75,001

$175,000

1,020 16.96% 63.2 115 433 424 48$175,001$275,000

823 13.69% 62.4 92 170 453 108$275,001$450,000

596 9.91% 67.9 105 71 254 166$450,001

and up

9,000

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000


Total Active Inventory by Units:Total Active Inventory by Volume:Average Active Inventory Listing Price:

6,0131,322,615,154

$219,959

66.8 2,086272.80M$130,776

2,141362.14M

$169,144

1,437466.72M$324,785

349220.96M

$633,133




6/11


April 2015

Mon

thsSupply

Months Supply of Inventory

R


C


Data from the


Active Inventory as of May 14, 2015


MSI FOR APRIL INDICATORS FOR APRIL 2015

5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 7.4 3 MONTHS

MONTHS SUPPLY & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jun 2011 = 11.4

Dec 2014 = 5.1

Months Supplythis

month at

below the 5 yr APR

average of

5.3,

7.4

FEB

MAR

APR

Distribution of Active Inventory by Price Range and MSI % MSI 2 Beds 3 Beds 4 Beds 5 Beds+

2011

10.5

2012

8.7

2013

6.4

2014

5.9

2015

5.3

1 Year

2 Year

-10.19%

-16.88%

Inventory

6,013

End ofMonthActive

Inventory

Closed

13,543

ClosedLast12

Months

Absorption

1,129Average

Closed perMonth over12 Months

MSI

5.3

MonthsSupply

ofInventory

MSI %

18.769%

PercentMonths

Supply ofInventory

5.2

5.3

0.70%

5.3

0.90%

227 3.78% 7.1 9.5 2.1 3.2 6.0$20,000and less

1,049 17.45% 10.3 15.4 3.8 4.8 9.6$20,001$50,000

863 14.35% 5.3 8.8 3.8 3.4 3.2$50,001$90,000

1,524 25.35% 3.3 6.8 2.9 3.2 3.6

$90,001

$180,000

981 16.31% 4.4 9.3 4.2 4.1 4.8$180,001$280,000

773 12.86% 7.3 25.2 5.8 7.0 7.5$280,001$450,000

596 9.91% 14.2 50.4 12.9 11.3 14.0$450,001

and up

20

10


MSI:

Total Active Inventory: 6,013

5.3 11.3

2,086

3.5

2,141

5.0

1,437

8.0

349




7/11


April 2015

AverageD

aysonMarket

Average Days on Market to Sale

R


C


Data from the





5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 57 3 MONTHS

AVERAGE DOM OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Feb 2011 = 68

Jun 2014 = 46

Average DOMthis

month at

below the 5 yr APR

average of

52,

57

FEB

MAR

APR

Distribution of Average Days on Market to Sale by Price Range % AVDOM 2 Beds 3 Beds 4 Beds 5 Beds+

2011

64

2012

59

2013

55

2014

54

2015

52

1 Year

2 Year

-4.09%

-6.10%

2011

65

2012

63

2013

59

2014

58

2015

56

1 Year

2 Year

-3.16%

-5.33%

59

55

-6.88%

52

-5.99%

45 4.03% 57.2 58.9 53.9 57.0 0.0$25,000and less

186 16.64% 49.5 55.5 45.6 41.3 0.0$25,001$75,000

107 9.57% 55.2 72.3 52.4 32.9 12.0$75,001$100,000

241 21.56% 45.5 52.5 45.6 39.1 0.0

$100,001

$150,000

241 21.56% 50.4 53.3 52.2 45.2 51.0$150,001$200,000

185 16.55% 53.8 79.1 48.7 54.7 70.0$200,001$300,000

113 10.11% 62.7 9.0 48.7 65.5 74.7$300,001

and up

70

60

50

40

30

20

10


Average Closed DOM:Total Closed Units:Total Closed Volume:

51.71,118

194,532,801

58.4183

15.38M

48.7631

91.17M

52.7279

77.10M

68.425

10.89M




8/11


April 2015

AverageL

istPrice

Average List Price at Closing

R


C


Data from the





5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 166K 3 MONTHS

AVERAGE LIST PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jun 2013 = 188,897

Jan 2012 = 143,774

Average LPricethis

month at

above the 5 yr APR

average of

179,537,

165,780

FEB

MAR

APR

Distribution of Average List Price at Closing by Price Range % AVL$ 2 Beds 3 Beds 4 Beds 5 Beds+

2011

145,154

2012

165,935

2013

169,900

2014

168,374

2015

179,537

1 Year

2 Year

+6.63%

+5.67%

2011

152,635

2012

154,901

2013

168,185

2014

163,927

2015

173,882

1 Year

2 Year

+6.07%

+3.39%

164,898

173,962

5.50%

179,537

3.20%

39 3.49% 18,115 19,148 22,047 35,300 0$25,000and less

183 16.37% 52,102 47,530 59,970 53,443 0$25,001$75,000

104 9.30% 89,708 91,988 93,579 92,693 74,000$75,001$100,000

242 21.65% 127,412 121,233 130,411 129,815 0

$100,001

$150,000

243 21.74% 175,204 187,940 176,096 177,950 176,000$150,001$200,000

185 16.55% 242,739 250,089 243,931 249,688 256,900$200,001$300,000

122 10.91% 515,058 1,590,000 406,059 525,411 705,242$300,001

and up

200,000

100,000


Average List Price:Total Closed Units:Total List Volume:

$179,5371,118

200,722,782

$89,489183

16.38M

$148,597631

93.76M

$283,598279

79.12M

$458,31625

11.46M




9/11


April 2015

AverageSoldPrice

Average Sold Price at Closing

R


C


Data from the





5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG = 160K 3 MONTHS

AVERAGE SOLD PRICE OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jun 2013 = 182,760

Nov 2011 = 137,530

Average SPricethis

month at

above the 5 yr APR

average of

174,001,

159,810

FEB

MAR

APR

Distribution of Average Sold Price at Closing by Price Range % AVS$ 2 Beds 3 Beds 4 Beds 5 Beds+

2011

138,144

2012

159,498

2013

164,577

2014

162,830

2015

174,001

1 Year

2 Year

+6.86%

+5.73%

2011

145,415

2012

148,268

2013

162,055

2014

157,724

2015

167,970

1 Year

2 Year

+6.50%

+3.65%

158,654

168,212

6.02%

174,001

3.44%

45 4.03% 17,221 16,538 18,238 21,750 0$25,000and less

186 16.64% 51,616 45,695 56,519 52,459 0$25,001$75,000

107 9.57% 89,702 87,148 90,569 91,228 78,000$75,001$100,000

241 21.56% 127,058 121,218 127,639 127,691 0

$100,001

$150,000

241 21.56% 173,525 176,170 172,475 175,211 174,485$150,001$200,000

185 16.55% 241,785 245,518 237,505 244,746 248,084$200,001$300,000

113 10.11% 507,861 1,200,000 388,598 508,446 665,027$300,001

and up

200,000

100,000


Average Closed Price:Total Closed Units:Total Closed Volume:

$174,0011,118

194,532,801

$84,027183

15.38M

$144,483631

91.17M

$276,340279

77.10M

$435,52525

10.89M




10/11


April 2015

AverageL

ist/SellPrice

Average Percent of List Price to Selling Price

R


C


Data from the





5 YEAR MARKET ACTIVITY TRENDS 5yr APR AVG=96.34% 3 MONTHS

AVERAGE L/S% OF CLOSED SALES & BEDROOMS DISTRIBUTION BY PRICE

High

Low

Jan 2015 = 97.76%

Dec 2013 = 94.64%

Average List/Sellthis

month at

above the 5 yr APR

average of

97.39%,

96.34%

FEB

MAR

APR

Distribution of Average L/S % by Price Range % AVL/S% 2 Beds 3 Beds 4 Beds 5 Beds+

2011

94.93%

2012

96.33%

2013

96.46%

2014

96.61%

2015

97.39%

1 Year

2 Year

+0.81%

+0.96%

2011

95.20%

2012

95.41%

2013

96.44%

2014

96.20%

2015

97.02%

1 Year

2 Year

+0.85%

+0.61%

96.43%

96.61%

0.18%

97.39%

0.81%

45 4.03% 88.05% 91.96% 82.26% 61.61% 0.00%$25,000and less

186 16.64% 97.75% 100.37% 95.19% 99.93% 0.00%$25,001$75,000

107 9.57% 97.03% 95.23% 97.15%100.51%105.41%$75,001$100,000

241 21.56% 98.36% 100.71% 98.02% 98.81% 0.00%

$100,001

$150,000

241 21.56% 97.90% 94.18% 98.10% 98.53% 99.14%$150,001$200,000

185 16.55% 97.82% 98.23% 97.64% 98.07% 96.74%$200,001$300,000

113 10.11% 97.00% 75.47% 96.42% 97.77% 94.92%$300,001

and up

98

97

96

95


Average List/Sell Ratio:Total Closed Units:Total Closed Volume:

97.40%1,118

194,532,801

97.48%183

15.38M

97.04%631

91.17M

98.19%279

77.10M

96.40%25

10.89M




11/11


April 2015

Market Summary

Data from the


Inventory as of May 14, 2015


Inventory Inventory Market Activity Market Activity

New Listings Closed Sales

Pending Sales

Other Off Market

Active Inventory

Start Inventory

Total InventoryUnits

Volume

2,339 = 28.16%

5,966

8,305

$1,789,800,723

1,118 = 11.88%

1,575 = 16.73%

707 = 7.51%

6,013 = 63.88%

Absorption:

Active Inventory

1,129

6,013

APRIL Year To Date

2014 2015 +/-% 2014 2015 +/-%

Last 12 months, an Average of Sales/Month

as of April 30, 2015 =

Closed SalesPending SalesNew ListingsAverage List PriceAverage Sale PriceAverage Percent of List Price to Selling PriceAverage Days on Market to SaleMonthly Inventory

Months Supply of Inventory

1,133 1,118 -1.32%1,397 1,575 12.74%2,558 2,339 -8.56%

168,374 179,537 6.63%162,830 174,001 6.86%96.61% 97.39% 0.81%

53.96 51.75 -4.09%6,338 6,013 -5.13%

5.93 5.33 -10.21%

3,796 3,921 3.29%4,641 5,124 10.41%9,202 8,838 -3.96%

163,927 173,882 6.07%157,724 167,970 6.50%96.20% 97.02% 0.85%

57.53 55.71 -3.16%6,338 6,013 -5.13%

5.93 5.33 -10.21%

New Listings Pending Listings List Price Sale Price

Active Inventory Monthly Supply of Inventory % of List to Sale Price Days on Market to Sale

20142015

20142015

20142015

20142015

APRIL MARKET AVERAGE PRICES

INVENTORY AVERAGE L/S% & DOM

2,558

1,397

2,339

-8.56%

1,575

+12.74%

168,374162,830

179,537

+6.63%

174,001

+6.86%

6,338 5.93

6,013

-5.13%

5.33

-10.21%

96.61%

53.9697.39%

+0.81%

51.75

-4.09%


Documents

April Sales Statistics