"The market shifted toward buyers in April, with inventory jumping nearly 19% year-over-year and the median list price dropping 4.2%, a steeper fall than most U.S. cities saw."
"Active listings hit 1,076 in April, up 18.8% from a year ago, dwarfing the national increase of just 4.6%. New listings also rose 8.7% year-over-year."
"Nearly 1 in 5 active listings carried a price reduction, a higher share than the national rate of 16.7%. Sellers were cutting prices at an elevated clip."
"Well-priced homes in Tulsa are still finding buyers, with a median days on market of 45 days in April, slightly faster than a year ago."
Tulsa's real estate market has shifted towards buyers, with inventory increasing by nearly 19% year-over-year and median list prices dropping by 4.2%. Active listings reached 1,076 in April, significantly higher than the national increase. Buyers now have more options and leverage, while sellers must price homes correctly to attract buyers. The median list price in Tulsa is $267,350, which is $157,000 less than the national median. Homes are selling faster than the national pace, with a median of 45 days on the market.
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