Tuesday, May 04, 2010

Monday Morning Market Condition Report - April, 2010, data included - 7 county MSA, All Prices, Pre-owned and New Construction in MLS, SINGLE-FAMILY RESIDENTIAL ONLY! Source: NORES (Tulsa MLS)

Subject: Monday Morning Market Condition Report - April, 2010, data included - 7 county MSA, All Prices, Pre-owned and New Construction in MLS, SINGLE-FAMILY RESIDENTIAL ONLY! Source: NORES (Tulsa MLS)

Average and Median Prices trend slightly down & considered stable. April, 2010, Median Price was $129,900.

April, 2010, Average Sold Price $153,927.

Supply and Demand on a linear basis trends are steady. Supply/Demand trending up in past 2 to 3 months.

Significant Month’s Supply of Inventory statistic for April, 2010. (Based on contracts being written monthly)

NAR MSI is based on closings during month and lags behind previous chart based on contracts being written.

Linear trend is slightly up but last 4 months demonstrate favorable activity of contracts being written.

Need to know more about micro markets and/or price ranges? Contact me. 

Thomas E Allen, CRP, RAC Member

Thomas E Allen Appraisals, LLC

PO Box 702438

Tulsa, Ok 74170-2348

(918) 481 3500  FAX (918) 477 2044

TomAllen@TulsaCoxMail.com   or TomAllen@RAC.net

Relocation appraisals, destination due diligence, loss mitigation, REO analysis-appraisal, consulting, mortgage loan appraisals for origination, review appraisals, market condition analysis, forensic studies, and collateral value estimates.

© 2010 Thomas E Allen Appraisals, LLC  All rights reserved. 

Posted via email from The Baskin Report

No comments: