Sunday, September 07, 2008

Home Prices Increase - Home Sales Drop

While the average sales price of residential real estate has increased in Tulsa, OK, the number of houses selling has declined sharply this year. According to data from the NORES, the Tulsa real estate MLS, the number of closed transactions through the month of August 2008 was 7,436. This is a drop of over 1,200 home sales and 17% of the total activity from the previous year. This is not the end of the world for home sellers but it has change how the game is played. For more information about the Tulsa OK area real estate market and real estate for sale in Tulsa, OK, visit www.darrylbaskin.com.

If you are planning to sell your home soon, browse the articles and knowledge database at www.darrylbaskin.com/sellers or listen to The Future of Real Estate on News/Talk 750 KRMG Saturday afternoons at 12:30.

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