Welcome to real estate – 2012! There were 1,030 homes closed in January 2012, down 19.5% from December. This compares to 877 closed in January of 2011 – up 17%, and 746 in January 2010 – up 38%. You can also visit highs and lows from 2010 and 2009. As for January…
Most Expensive Sale — Oklahoma City Real Estate January 2012
$1,185,000 $199.63/sq ft. 1708 Guilford Lane Oklahoma City OK in Nichols Hills. This home has 5,936 square feet with 5 bedrooms and 4 full baths with 1 half bath. The home was listed for $1,350,000 and was on the market for 433 days. Only 1 home closed in January for over $1,000,000!
Least Expensive Sale — Oklahoma City Real Estate January 2012
$7,000 $5.95/sq ft. 1007 501 N Robberson in Wynnewood. This home has 1,176 square feet and has 2 beds and 1 bath. This home was originally listed at $7,900 and was on the market 167 days. This was a HUD home.
Longest On The Market — Oklahoma City Real Estate January 2012
628 days 4320 SE 38th St in Del City. This home has 620 square feet with 2 beds and 1 bath. The home was originally listed at $48,000 and closed at $22,750. There were 3 price reductions made.
Largest Home Sold — Oklahoma City Real Estate January 2012
5,884 square feet 5809 Oak Tree Rd Edmond OK in Oak Tree. This home has 4 bedrooms with 4 baths and 2 half baths. The home sold for $578,000 or $98.23/square foot. The home was on the market for 64 days. This was actually the second largest home sold in January. The largest was also the most expensive above.
Smallest Home Sold — Oklahoma City Real Estate January 2012
638 square feet 3741 SW 37th St in Oklahoma City. This home has 2 beds and 1 bath. It was originally listed at $25,000 and sold for $23,500 in 21 days.
…and that’s the highs and lows of Oklahoma City real estate for January 2012!
**Based on information from the MLSOK.com for the period (01/01/12) through (01/31/12), while information is deemed reliable it is not guaranteed.