What Should You Look for in a Realtor Near Tinker AFB?The right realtor near Tinker AFB understands military PCS timelines, and knows the Oklahoma County submarkets — Midwest City, Del City,
OKC MARKET UPDATE: August 2022
Dated: September 1 2022
Views: 1975
MARKET UPDATE: August 2022
Based on single-family homes & condos/townhouses in Oklahoma City MLS. Data courtesy of MLSOK.
 |  |
Summer 2022 has been a season of change for the U.S. real estate market. With household affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and 20.0% year-over-year as of last measure, according to the National Association of REALTORS® (NAR).
Pending home sales have also continued to decline, while new listings have steadily increased, with unsold inventory reaching 3.3 months supply at the end of August. The pullback in demand has been particularly hard on homebuilders, causing new-home sales and construction to slow.
- New listings increased 0.8 percent for Single Family homes but decreased 4.1 percent for Townhouse-Condo homes.
- Pending Sales decreased 1.5 percent for Single Family homes and 8.1 percent for Townhouse-Condo homes.
- Inventory increased 40.6 percent for Single Family homes and 57.3 percent for Townhouse-Condo homes.
Inflation, higher interest rates, and fears of potential recession have taken a toll on buyers and sellers this summer, leading many people to stay on the sidelines to see what will happen with the market.
But some experts, including NAR Chief Economist Lawrence Yun, believe the worst of inflation may be over. Although sales prices remain up from this time last year, price growth is expected to moderate in the months ahead as the market continues to shift in a more buyer-friendly direction.
Content courtesy of MLSOK
https://okcmar.org/wp-content/uploads/2022/09/Aug_2022_Broker-Stats.pdf
Jennifer Cody
Jennifer Cody (Arsenault) is a lifelong Oklahoman and seasoned real estate professional who has been serving her community since 1998. As the founder and Broker Associate at Flotilla Real Estate Partn....
Latest Blog Posts
The Oklahoma City housing market is undergoing a noticeable shift toward a more balanced environment as we head into the fall. With a significant jump in new properties hitting the market and total
Ask a handful of REALTORS® how the housing market is doing and you’ll probably get a couple of different answers. That’s because right now, the market runs on two very different
Our obsession with Turkish culture originally started with a search for vibrant Turkish mosaic glass lamps. At the 2025 Oklahoma State Fair, our favorite lamp vendor gave us the ultimate insider:
Copyright© 2026 MLSOK, Inc. listing content is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is for consumers personal, non?commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This listing data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual
MLS Technology® Oklahoma; All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
