EP79 March Sales Down 15% But Closed Prices Soar




OKC Real Estate Show show

Summary: Market Update from your Realtor Landon Whitt: April 1st and March sales figures are in, OKC sales drop 15% the lowest since 2016, yet home sellers are raking in the cash.  SEE VIDEO VERSION HERE >>> https://youtu.be/I-q-A7mYc5w Uncertain futures, evictions haunted, appraisers refusing work and job layoffs led to cancelled contracts and buyer tours ending but that didn't stop records from being broken. OKC hit its highest Home Sale Price Median ever, topping at 104 per square foot (+8%) with the 500k and up category topping 214 per sf (+12%) the highest closing prices ever. Forbes magazine quoted OKC as "recession proof" in 2008 and we see this playing out again already. Get the facts on what Oklahoma County has changed and not changed that effects your home on todays episode.