Top Medium Teams in Oklahoma – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Pam & Barry, IncRE/MAX ProfessionalsLawton, OK$72,631,004View Profile
    2Brian Frere TeamKeller WilliamsTulsa, OK$59,420,183View Profile
    3Kyle Davis Real Estate ExpertsKeller WilliamsNorman, OK$49,497,711View Profile
    4Summit Real Estate GroupRE/MAX ResultsOwasso, OK$31,800,475View Profile
    5Eric Medders Realty GroupKeller WilliamsCalera, OK$30,164,494View Profile
    6The Wolek GroupKeller WilliamsTulsa, OK$29,741,241View Profile
    7The Dream Home TeamRE/MAX ResultsOwasso, OK$26,877,749View Profile
    8Hopper GroupRE/MAX ResultsOwasso, OK$24,227,279View Profile

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    2023 Oklahoma Housing Market Summary

    Oklahoma started 2023 with a total of 8,574 single-family homes on the market, with a median home price of $315,000 and an average price per square foot of $178. By the end of the year, inventory had increased to 10,154 homes on the market (+18%), with a median home price of $319,900 (+1%) and an average price per square foot of $190 (+6%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

    Oklahoma started the year with 33% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 33% of Oklahoma homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Oklahoma started 2023 as a seller’s market, with an MAI score of 37; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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