Shadow Ridge Pricing Market Update

According to the Tulsa Metro MLS, the Shadow Ridge Subdivision, located in the Union School District, is not lacking in activity. There are 10 current active listings and 4 pending, this absorption rate results in 2 1/2 months of active inventory. If you live in this South Tulsa neighborhood and want to sell your home in the shortest time period possible, be strategic.

• Listen to what the market is saying about home values in order to determine a price position. The National Association of REALTORS would suggest that if your house is priced correctly, you should get one offer for every ten showings. In a normal market you should get 1 to 2 showings per week.

If you do not get any showings, the market is talking and you may need to adjust your price. Additionally, if you have multiple showings and no offers, that is the same as no showings no offers and you need to take a look at the price again. If you have questions about Tulsa area real estate or need the most up-to-date Real Estate news on Shadow Ridge contact amy@darrylbaskin.com or go to http://www.darrylbaskin.com/