Market Statistics for Arcadia Oklahoma | 11/18/09
Here is the weekly market update for Arcadia. You can subscribe and receive weekly updates via email with much more detailed information and also see any particular zip code.
The median single family home price in Arcadia this week is $298,500. The 31 homes have been on the market for an average of 175 days. Inventory has been climbing lately. Days-on-market is increasing and are now at 176.
We’re seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.)
The Market Action Index has been trending down lately (Buyers Market), while inventory and days-on-market are climbing. The trends imply a weakening market.
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