Oklahoma City Zip Code 73116 Market Update as of 11/10/09
The 73116 zip code is roughly bounded by Broadway Extension to the east, NW 63rd Street to the south, Lake Hefner to the west and Wilshire Blvd to the north. It contains the city of Nichols Hills and the primary additions of Edgewater, Lakeside and Jamestown.
The median single family home price in 73116 this week is $525,000. Inventory has been lightening lately and the market is showing slight improvement although still within the ‘buyer’s market’ sector.
Prices hit another all time high this week. You can see that prices continue to march higher. Look for that to cool the market further.
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