Is Brookside Business Association, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brookside Business Association has remained a Seller's Market.
Housing Prices in Brookside Business Association, OK
How much do homes in Brookside Business Association, OK cost?
Median Sold Price
$267,500
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brookside Business Association was $267,500 in May 2024, down 4.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140.2K | $117K | -16.5% |
2 Bedrooms | $212.6K | $237.5K | +11.7% |
3 Bedrooms | $260K | $263.5K | +1.3% |
4 Bedrooms | $725K | $745K | +2.8% |
5+ Bedrooms | $1.0M | $995K | -9.5% |
Summary: Brookside Business Association housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Neighborhoods
Brookside | $350K | $341.6K | -2.4% |
Brookside Business Association | $281K | $267.5K | -4.8% |
Housing Supply in Brookside Business Association, OK
How many homes are available in Brookside Business Association, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
74 | 77 | +4.1% |
Summary: The Brookside Business Association real estate market had 77 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Brookside Business Association housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Brookside Business Association in May 2024, the same as the previous month. Of the 17 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Brookside Business Association, OK
How long does it take to sell a home in Brookside Business Association, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 22 Days | -47.8% |
Summary: Homes in Brookside Business Association had an average of 22 days on market in May 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Brookside Business Association; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.