Out and About Yukon and OKC : MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016

MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016

MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016
MUSTANG OK 73064
AS OF DECEMBER 4, 2016

Mustang OK

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.

BUSINESS TIP OF THE WEEK... Looking for more time? Get organized. When you're organized, you work more efficiently, which frees up time to get through more of your to-do list--or enjoy a well-deserved break!



MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016 MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016 MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016


  • The average property in Mustang has been on the market for about 126 days
  • The median price per square foot for homes in Mustang is about $117
  • There are about 162 properties on the market in Mustang
  • The median single family home price for Mustang, OK is $242,535
  • With a Market Action Index as of December 4, 2016 at 27.60 (MAI Index - over 30 indicates Sellers Market; below 30 Buyers Market)

QuestionSo there you have it, my Dear Reader, MUSTANG REAL ESTATE MARKET REPORT NOVEMBER 2016.
Did you notice that the price per square foot went up by a dollar since last month? 
We are in the buyer's market, which is reflected in MAI Index.

Also the interest rates are on the upswing ... check the rates below:

MORTGAGE RATES FOR THIS WEEKEND

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!

XOXO

Bo Sig


HOME SEARCH AROUND OKC METRO 

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. 

Bo@BestOklahomaHomes.com |405-812-1572.

We serve OKC Metro Areas: Yukon, Mustang, Bethany, Piedmont, Tuttle, Blanchard, Edmond, Oklahoma City and Moore.

We specialize in Residential & Commercial Real Estate, Ranches & Recreational Land.

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Comment balloon 4 commentsBo Kociuba & Buster Elliott • December 07 2016 08:14PM

Comments

Families on the move will certainly appreciate your local real estate market reports.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) about 2 years ago

Bo Kociuba & Buster Elliott Excellent latest real estate report for Mustang.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) about 2 years ago

You always provide good information about your real estate market. Anyone thinking of buying or selling a home in your market area should call you.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 years ago

THANK YOU GITA!

Posted by Bo Kociuba & Buster Elliott, HOME is Where Your Story Begins (Berkshire Hathaway HomeServices Anderson Properties ) about 2 years ago

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