• Is it Time to Buy or Sell?

  As we dive into the latest Tulsa real estate market report for August 2024, a few key trends emerge. While the market is still showing signs of strength, there are some notable shifts that buyers and sellers should be aware of.

  
  New Listings on the Rise: The number of new listings has increased significantly, providing more options for buyers.

  Inventory Levels Growing: While still low, the inventory of available homes is slowly increasing, offering a bit more choice.

  Average Sales Prices Up: The average sales price continues to rise, reflecting increased demand.

  Days on Market Increasing: Homes are staying on the market slightly longer, indicating a less competitive environment compared to previous years.

  What Does This Mean for You?

  If you're a buyer, now might be a good time to start your search. With more homes available and a potentially less competitive market, you may have more negotiating power. However, keep in mind that prices are still on the rise.

  For sellers, it's important to have a strong marketing plan and be prepared to negotiate. While the market is still favorable for sellers, it's no longer as hot as it was a few years ago.

  Want to Know More? 

  For a more detailed breakdown of the August 2024 market data.

  Ready to Take the Next Step?

  Whether you're buying or selling, our team at The Wolek Group is here to help. Contact us today to schedule a consultation and discuss your real estate goals.

https://bit.ly/augmarket24MLS