Is West Murray, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, West Murray has remained a Seller's Market.
Housing Prices in West Murray, OK
How much do homes in West Murray, OK cost?
Median Sold Price
$187,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Murray was $187,500 in March 2024, down 14.8% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | - | N/A |
2 Bedrooms | $227.5K | $127.5K | -44.0% |
3 Bedrooms | $187K | $205K | +9.6% |
4 Bedrooms | $250K | $330K | +32.0% |
5+ Bedrooms | $374.4K | $120K | -68.0% |
Summary: West Murray housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 68%.
Median Sold Price Compared To Nearby Cities
Davis | $175K | $165K | -5.7% |
East Murray | $167.5K | $148K | -11.6% |
West Murray | $220K | $187.5K | -14.8% |
Housing Supply in West Murray, OK
How many homes are available in West Murray, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 21 | 0.0% |
Summary: The West Murray real estate market had 21 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Murray housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in West Murray in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for West Murray, OK
How long does it take to sell a home in West Murray, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
2 Days | 45 Days | +1700.0% |
Summary: Homes in West Murray had an average of 45 days on market in Mar 2024, up by 1700% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in West Murray; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.