There were 1,770 homes closed in May 2012, up 14% from April. This compares to 1475 closed in May of 2011 – up 20%, and 1730 in May 2010 – up 2%. You can also visit highs and lows from 2011, 2010 and 2009. As for April…
Most Expensive Sale — Oklahoma City Real Estate May 2012
$1,300,000 $241.01/sq ft.1714 Pennington Way Oklahoma City OK in Nichols Hills. This home has 6,203 square feet with 5 bedrooms and 4 full baths with 1 half bath. The home was listed for $1,600,000 and was sold after 167 days on the market. Three homes closed in April for over $1,000,000!
Least Expensive Sale — Oklahoma City Real Estate May 2012
$5,000 $8.33/sq ft. 1728 Lariet Lane in Del City. This home has 1,056 square feet and has 2 beds and 1 bath. This home was originally listed at $10,000 and was on the market 19 days.
Longest On The Market — Oklahoma City Real Estate May 2012
1,022 days 204 N Wyndemere Lakes in Moore. This home has 3,463square feet with 4 beds and 3½ baths. The home was originally listed at $369,999 and closed at $325,000. There 6 price reductions made. The current longest active listing is 1,415 days.
Largest Home Sold — Oklahoma City Real Estate May 2012
6,824 square feet 1127 Blue Wister Cover in Fairview Farm in Edmond. This home has 4 bedrooms with 6½ baths. The home sold for $1,600,000 or $234.47/square foot. The home was on the market for 1 days (sold prior to listing and entered for comps only). Pictured above is 27 Bella Vista in Shawnee which was actually the number 3 home in size following Blue Wister (no photo) and the most expensive home above.
Smallest Home Sold — Oklahoma City Real Estate May 2012
480 square feet 21731 Beach Road in Hinton. This home has 1 bed and 1 bath. It was originally listed at $13,750 and sold for $9,560 in 209 days.
…and that’s the highs and lows of Oklahoma City real estate for May 2012!
**Based on information from the MLSOK.com for the period (05/01/12) through (05/31/12), while information is deemed reliable it is not guaranteed.