Statewide Housing Statistics
1st Quarter 2008    

The average cost of a home in Oklahoma has increased by nearly four percent compared to the first quarter of 2007. In the first quarter of 2008 the average cost of a home sold was $147,411 compared to $142,521 in the first quarter of 2007. Statewide, 9,708 homes were sold in the first quarter of 2008. This is 12 percent less than the number of homes sold in the first quarter of 2007 in which 11,058 homes were sold in the state.

The Oklahoma Association of REALTORS® reports residential sales activity from multiple listing services
across Oklahoma using information provided from local boards and associations. Please check back as more statistics are received.

Visit the Good Thing You're in Oklahoma Web site for more on Oklahoma statistics and information about OAR's "Good Thing You're in Oklahoma" campaign.


LOCAL    

1ST QUARTER TOTAL
BOARD    2008

   Homes
Sold		Average Price
Ada     83 $119,202
Altus     73 $87,433
Bartlesville     137 $113,219
Cushing     38 $73,876
Duncan     111 $100,754
Edmond     639 $235,950
Enid     211 $115,685
Lawton     328 $121,128
Muskogee     166 $78,275
Norman*     430 $146,715
North Central     120 $106,662
NE Oklahoma     193 $204,532
OKC Metro**     3,634 $147,758
Shawnee     166 $86,737
SE Oklahoma     148 $108,976
Southern Okla.     117 $132,860
Stillwater     123 $145,977
Texoma     72 $106,701
Greater Tulsa     2,779 $151,349
Western Okla.    85 $113,948
Woodward     35 $109,072
TOTAL     9,708 $147,411
2007 2006 2005 2004 2003 2002
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2007 Totals:
52,372 Sold
$149,443 Avg. Price

 1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2006 Totals:
54,035 Sold
$143,716 Avg. Price

1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2005 Totals:
52,216 Sold
$135,950 Avg. Price

 1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2004 Totals:
47,277 Sold
$126,554 Avg. Price

1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2003 Totals:
43,194 Sold
$121,422 Avg. Price

1st Quarter
2nd Quarter
3rd Quarter
4th Quarter

2002 Totals:
39,069 Sold
$116,298 Avg. Price

Statewide MLS data represents local boards from the following communities: Ada, Altus, Bartlesville, Cushing, Duncan, Edmond, Enid Metro, Lawton, Muskogee, Norman*, Northeast Oklahoma, Oklahoma City Metropolitan**, Ponca City, Shawnee, Southeastern Oklahoma, Southern Oklahoma, Stillwater, Texoma region, Greater Tulsa, Western Oklahoma and Woodward. Statistics are compiled from their respective local board reports. The data is not intended to reflect all real estate sales activity across the state. The Oklahoma Association of REALTORS® is not responsible for the accuracy of the data contained in this report.

*Data for Norman Board of REALTORS® includes Purcell Board of REALTORS®.
**Data for Oklahoma City Metropolitan Association of REALTORS® includes Edmond Board of REALTORS®, El Reno Board of REALTORS® and Midwest City-Del City-Moore Association of REALTORS®. Some duplication of numbers may exist.