Statewide Housing Statistics
3rd Quarter 2008    

The average cost of a home in Oklahoma has increased by 8 percent compared to the third quarter of 2007. In the third quarter of 2008 the average cost of a home sold was $159,729 compared to $148,169 in the third quarter of 2007. Statewide, 13,811 homes were sold in the third quarter of 2008. This is 7.5 percent less than the number of homes sold in the third quarter of 2007 in which 14,932 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.

For an interactive national statistics map click here.


LOCAL    

3RD QUARTER TOTAL
BOARD    2008

   Homes
Sold		Average Price
Ada     173 $126,984
Altus     135 $79,914
Bartlesville     175 $162,580
Cushing     46 $84,722
Duncan     124 $113,276
Edmond     956 $275,113
Enid     290 $110,687
Lawton     415 $129,425
Mid-Del-Moore*    463 $128,790
Muskogee     205 $97,422
Norman**     625 $168,157
North Central     102 $98,162
NE Oklahoma     283 $164,054
OKC Metro***     4,766 $158,432
Shawnee     220 $115,942
SE Oklahoma     217 $118,523
Southern Okla.     164 $126,114
Stillwater     249 $153,520
Texoma     114 $108,600
Greater Tulsa     3,917 $162,394
Western Okla.    108 $127,159
Woodward     64 $147,997
TOTAL     13,811 $159,729
2008 2007 2006 2005 2004 2003 2002
1st Quarter
2nd Quarter		 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:
54,455 Sold
$130,360 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, Mid-Del-Moore*, 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 Midwest City-Del City-Moore Association of REALTORS® is included in Oklahoma City Metropolitan Association of REALTORS®.
**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.