Market Data For Arcadia OK — 1/6/10

by Bill Wilson on January 6, 2010

in Statistics

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Arcadia Oklahoma lies east of I-35 on historic Highway 66, noted for the Round Barn and most recently Pops (shown above) with over 500 flavors of soda pop available!
 
 

 

The median single family home price in Arcadia OK this week is $310,869. The 32 homes have been on the market for an average of 213 days. Inventory and days-on-market are climbing, while the Market Action Index has been flat recently pointing to a weakening market.

The Arcadia market is currently quite strongly in the Buyer’s Market zone (below 30). The 90-day Market Action Index stands at 6. With several months of inventory available at the current sales rate, buyers should find ample choice. The market has settled in at a relative static level in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

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