Preston s Edmond arket Report April 2 Prepared By Brian Preston RE/AX Associates obile: 45-826-5725 Office: 45-359-87 bpreston88@sbcglobal.net www.edmond4sale.com Realtor of the Year 1995 & 22 Lifetime Achievement 29 ost Cooperative Realtor 1992
Edmond Real Estate 2 Residential Homes Active U/C Sold Jan 58 477 199 Feb 1314 556 25 arch 1339 658 275 April 1318 696 31 ay June July Aug Sept Oct ov Dec Total 134 Based on information from the LSOK.com for the period (1/1/) through (4/3/) area 1-4, while information is deemed reliable it is not guaranteed.
Average Sales Price Edmond s Avg. Price * Total Volume* Avg. ew Home Price * ew Home Volume Jan. $235,958 $46,955,642 $266,57 $15,165,249 Feb. $235,66 $58,766,5 $265,269 $17,773,23 arch $24,976 $66,268,4 $258,423 $21,77,532 April $252,233 $78,192,23 $254,995 $21,674,575 ay $ June $ July $ Aug. $ Sept. $ Oct. $ ov. $ Dec. $ Total $241,956 $25,182,772 $26,479 $76,32,379
Active Listings 2, 1,8 1,6 1,4 1,2 1, 8 Jan arch ay July Se pt ov 27 28 29 21 2 2
Under Contract 7 6 5 4 3 2 Jan Feb arch April ay June July August Sept Oct ov Dec 27 28 29 21 2 2
SOLD 45 4 35 3 25 2 15 5 Jan Feb ar Apr ay Jun Jul Aug Sep Oct ov Dec 27 28 29 21 2 2
Current Inventory vs. Homes Sold Edmond April 2 Active Under Contract Sold YTD <$, 54 33 65 $-5 4 4 64 $5-15 85 94 134 $15-175 143 86 136 $175-2 5 78 8 $2-225 87 46 81 $225-25 4 63 72 $25-3 177 14 143 $3-35 3 56 53 $35-4 95 33 49 $4-45 61 2 24 $45-5 38 26 $5-7 93 22 41 $7-1 mil 51 6 >$1 mil 39 3 6 Total 1,318 696 134
8 6 4 2 Under $, $5,-$15, 16 14 8 6 4 2 2 15 5 $15,-$175, 8 7 6 5 4 3 2 1 $,-$5,
25 2 15 5 $175,-$2, $225,-$25, 16 14 8 6 4 2 25 2 15 5 $2,-$225, $25,-$3, 14 8 6 4 2
$45,-$5, 1 2 3 4 5 6 $4,-$45, 1 2 3 4 5 6 7 8 $35,-$4, 2 4 6 8 $3,-$35, 2 4 6 8 14
$7,-$1,, 1 2 3 4 5 6 7 Over $1,, 1 2 3 4 5 $5,-$7, 2 4 6 8
Current Inventory vs. Homes Sold April 2 Insert your ad here Contact Brian bpreston88@sbcglobal.net 18 16 14 8 6 4 2 < - 5 5-15 15-175 175-2 2-225 225-25 25-3 3-35 35-4 4-45 45-5 5-7 7-1il >1il Active Under Contract Sold-YTD
Absorption Rate in months 22 2 18 16 14 1 8 6 4 2 <$K$- 5 $5-15 $15-175 $175-2 $2-225 $225-25 $25-3 $3-35 $35-4 $4-45 $45-5 $5-7 $7-1mil >$1mi l 27 28 29 21 2
Current ew Home Inventory vs. ew Home Sales April 2 Active Listings Under Contract Sold-YTD <$15, 1 21 22 $15-2 8 4 85 $2-25 8 45 6 $25-3 71 54 56 $3-35 47 31 24 $35-4 26 18 $4-45 26 8 7 $45-5 13 1 7 $5-7 26 6 $7-1 il 5 2 >$ 1 il 3 Total 387 217 293
ew Homes Active 8 7 6 5 4 3 2 Jan Feb arch April ay June July August Sept Oct ov Dec 27 28 29 21 2 2
ew Homes Under Contract Insert your ad here Contact Brian bpreston88@sbcglobal.net 25 2 15 5 Jan Feb arch April ay June July August Sept Oct ov Dec 27 28 29 21 2 2
ew Homes Sold 8 6 4 2 Jan Feb arch April ay June July August Sept Oct ov Dec 27 28 29 21 2 2
8 6 4 2 $15,-$2, 8 6 4 2 $2,-$25, 8 6 4 2 $25,-$3, Under $15, 25 2 15 1 5
$35,-$4, 5 1 15 2 25 3 35 4 $4,-$45, 5 1 15 2 25 3 35 $45,-$5, 5 1 15 2 $3,-$35, 1 2 3 4 5 6 7
$7,-$1,, 2 4 6 8 1 Over $1,, 2 4 6 8 1 $5,-$7, 5 1 15 2 25 3
ew Home Comparison Inventory vs. Sales April 2 Insert your ad here Contact Brian bpreston88@sbcglobal.net 9 8 7 6 5 4 3 2 1 <$15K 15-2 2-25 25-3 3-35 35-4 4-45 45-5 5-7 7-1il Active Under Contract Sold, YTD >1IL
Absorption Rate 36 34 32 3 28 26 24 22 2 18 16 14 1 8 6 4 2 ew Homes in months <$15k $15-2 $2-25 $25-3 $3-35 $35-4 $4-45 Insert your ad here Contact Brian bpreston88@sbcglobal.net $45-5 $5-7 $7-1mil >$1mi l 27 28 29 21 2