Is Park Plaza East Recreation Association, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Park Plaza East Recreation Association has remained a Seller's Market.
Housing Prices in Park Plaza East Recreation Association, OK
How much do homes in Park Plaza East Recreation Association, OK cost?
Median Sold Price
$228,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Park Plaza East Recreation Association was $228,500 in April 2024, up 1.6% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $465K | N/A |
2 Bedrooms | $155K | $160K | +3.2% |
3 Bedrooms | $210.5K | $203K | -3.6% |
4 Bedrooms | $320K | $357.5K | +11.7% |
5+ Bedrooms | $389K | $504.5K | +29.7% |
Summary: Park Plaza East Recreation Association housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Neighborhoods
Briarglen Plaza | $180K | $190K | +5.6% |
Park Plaza East Recreation Association | $225K | $228.5K | +1.6% |
Housing Supply in Park Plaza East Recreation Association, OK
How many homes are available in Park Plaza East Recreation Association, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 62 | +14.8% |
Summary: The Park Plaza East Recreation Association real estate market had 62 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 37 | 39 | +5.4% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Park Plaza East Recreation Association housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 17 | +88.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Park Plaza East Recreation Association in April 2024, up by 88.9% month-over-month. Of the 17 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.
Days on Market for Park Plaza East Recreation Association, OK
How long does it take to sell a home in Park Plaza East Recreation Association, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 16 Days | -40.2% |
Summary: Homes in Park Plaza East Recreation Association had an average of 16 days on market in Apr 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Park Plaza East Recreation Association; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.