YUKON REAL ESTATE MARKET REPORT NOVEMBER 2016
YUKON OK 73099
AS OF DECEMBER 4, 2016
INFO THAT HITS US WHERE WE LIVE ... Those of us who are optimistic about the housing market were well looked after last week. The National Association of Realtors (NAR) reported Pending Home Sales in October hit their highest pace since July. This was only a slight gain over September, but 1.8% ahead of a year ago. The NAR's chief economist pointed out, "buyer demand has remained strong...in a majority of metro areas." The evidence? Of the homes purchased in October, 40% sold at or above list price, versus 33% a year ago. And the NAR predicts existing home sales will end the year at a 5.36 million annual pace, up from 5.25 million in 2015.
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- There are about 693 properties on the market in Yukon
- The median price per square foot for homes in Yukon is about $111
- The average property in Yukon has been on the market for about 120 days
- With a Market Action Index at 27.81 (MAI Index - over 30 indicated Seller Market; below 30 Buyers Market)
- The median single family home price for Yukon, OK is $211,398
So there you have it, my Dear Reader, YUKON REAL ESTATE MARKET REPORT NOVEMBER 2016.
Did you notice that the price per square foot has been staying about the same for last few months?
Also, we are leaning much more toward buyer's market, which is reflected in MAI Index. Also the interest rates are on the upswing ... check below the rates:
Are you ready to make a move? We will be happy to assist you, your family or friends with any real estate transaction.
Looking forward to hearing from you!
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About the Author:
The above information was provided by Bo Kociuba a long time resident of Canadian County, Ok. As Broker’s Associate Bo helps people sell & buy homes in OKC Metro. She works together with her partner, Buster Elliott. They Live & Love OKC! .Bo and Buster are multi-million producers with over 50 years combined real estate experience.
Bo loves photography and is an avid supporter of shooting sports.
We serve OKC Metro Areas: Yukon, Mustang, Bethany, Piedmont, Tuttle, Blanchard, Edmond, Oklahoma City and Moore.
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