How is the Market? JUNE REPORT for MUSTANG 73064
Sun Jul 10, 2022
This week the median list price for Mustang, OK 73064 is $383,340 with the market action index hovering around 78. This is less than last month’s market action index of 82. Inventory has increased to 45.
Market Action Index
This answers “How’s the Market?” by comparing the rate of sales versus inventory.
The market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
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And there you have it, my Dear Reader – How Is the Market? June Repot for Mustang.
Do you plan to sell your home? Need to find your home value? Please don’t hesitate to rich out. I’d welcome an opportunity to help you with the sale price, property marketing, photography, and getting your house ready before putting it on the market. Let’s plan together your next best step.
Looking forward to hearing from you!
Best,
They serve Oklahoma and OKC Metro: Yukon, Mustang, Bethany, Piedmont, Tuttle, Blanchard, Newcastle, Edmond, Oklahoma City, Moore, and Midwest City.
Bo:
Bo@BestOklahomaHomes.com
405-812-1572
Buster:
ClayBuster1945@gmail.com
405-630-0277
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