Is Quail Creek, 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, Quail Creek has remained a Seller's Market.
Key Takeaway
Quail Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quail Creek, OK
How much do homes in Quail Creek, OK cost?
Median Sold Price
$462,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Quail Creek have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Quail Creek was $462,000 in April 2024, up 7.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.5K | $87K | -1.8% |
| 2 Bedrooms | $205K | $128.9K | -37.1% |
| 3 Bedrooms | $432.5K | $435K | +0.6% |
| 4 Bedrooms | $512.4K | $547.5K | +6.8% |
| 5+ Bedrooms | $725.5K | $582.5K | -19.7% |
Summary: Quail Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 19.7%.
Housing Supply in Quail Creek, OK
How many homes are available in Quail Creek, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 49 | -2.0% |
Summary: The Quail Creek real estate market had 49 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Quail Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 62.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quail Creek, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Quail Creek in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Quail Creek, OK
How long does it take to sell a home in Quail Creek, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 23 Days | -39.7% |
Summary: Homes in Quail Creek had an average of 23 days on market in Apr 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Quail Creek are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Quail Creek; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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