"In September, home prices fell substantially from the month before, with a median listing price of $269,900. The number of listings on the market grew 2.1% from last month, which is a bigger increase than normal for this time of the year in Tulsa, and homes are also selling slower than at the same time last year."
"So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in the Oil Capital of the World are larger the national market. Tulsa inventory In September, there were 1,173 homes for sale in Tulsa, which was 2.1% more than the month before and 3.9% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407."
"Homes in Tulsa take an average of 53 days to sell, according to September figures. This is one day more than the previous month and three days more than the same month last year. For comparison, nationally homes spent an average of 62 days on the market in September."
In September, Tulsa's median listing price was $269,900, reflecting a substantial month-over-month decline. The number of listings rose 2.1% from August and 3.9% from September last year, totaling 1,173 homes for sale. Price per square foot in Tulsa decreased 1.8% month-over-month, compared with a 0.8% national decrease, indicating larger-than-average local declines. Homes in Tulsa averaged 53 days on market, one day longer than the prior month and three days longer than the same month last year, versus a 62-day national average. National active inventory rose 0.2% to 1,100,407 listings.
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