July 2017 Preston Report for Edmond area Real Estate stats8/28/2017
July this year held steady on sales with 11 more closed transactions more than last year or up 2.5%. Bringing the year to date sales up by 6.78% more than last year, or 164 more closed transactions. 2580 in 2017 compared to 2416 for 2016 through July.
Active listings dropped for the first month since December, even though they are higher than this time last year. But better than increasing like it has for the last two years.
The big tell is that even though the average closed sales price is up $2,700 from last year, the median sales price has gone down $4,900 from last year. The Median for year to date is $229,000 for 2017.
For all the numbers