August 2009 Market Report - Tulsa OK Real Estate

With the children back in school again now, sales dropped somewhat during the month of August versus the months while they were out of school during the summer.   

However, Tulsa OK real estate remains steady with homes selling in the upper 90% range of their original price and still on average within 7-8 weeks.  When comparing this to other cities throughout the U.S., it really is staggering how great our real estate industry remains so consistent through it all! 

An example of a home sold at the average $153,000 price point, is a brand new construction single family home located within the popular subdivision of Fairway Crossing.

This particular home sold consisted of 3 bedrooms, 2 full bathrooms, a 2 car garage, 1,400 square feet of living space and Broken Arrow Golf Club golf course views.

Situated in Broken Arrow, OK, Fairway Crossing provides golf course living with a low homeowners association fee of just $300 per year, plus a fitness center and neighborhood park. 

There are currently two homes under contract and three other homes within Fairway Crossing that are available for sale.  These available homes ranging from a similar home as mentioned about priced at $154,900, to a 4 bedroom, 2 bathroom home with over 2,300 square feet of living space for $186,900.