Real Estate Tips

How More Closings in 2019 Changed the Market

Why can’t you find a house that you like as easily as in the past?

The simple answer is, there aren’t as many options out there! The Multi List System (MLS) shows that in the five counties around the Tulsa Metro area, there was a 4.6% increase in closings in 2019 compared to 2018. That means more houses went off the market in 2019, and therefore the options for buyers have decreased.

The MLS also says homes spend five less days on the market in those five counties in 2019, so the homes that are available have been moving quickly.

What does this mean for you?

If you’re thinking of selling your home, or buying a new home, you need someone who can help you navigate the market quickly and with confidence. The more prepared you are on the process, the more quickly and confidently you’ll be in purchasing in a market that is moving quickly.

We can help! Even if you aren’t ready to buy or sell and just want to educate yourself on the process, get in touch with us. Call 918-417-6288, or email hht@cbtulsa.com!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s