Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

Schedule a demo today at AltosResearch.com



Sand Springs, OK

Sun Dec 03 2023
This week the median list price for Sand Springs, OK is $276,750 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 48. Click here to stay informed with the Sand Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sand Springs, OK

Sun Dec 03 2023
This week the median list price for Sand Springs, OK is $276,750 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has decreased to 48. Click here to stay informed with the Sand Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sand Springs market.
Median List Price $276,750
Median Price of New Listings $349,000
Per Square Foot $149
Average Days on Market 74
Median Days on Market 53
Price Decreased 52%
Price Increased 2%
Relisted 4%
Inventory 48
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$492,000 2,786 0.5 - 1 acre 3 2.5 10 1 0 52
$337,790 2,166 8,000 - 10,000 sqft 3 3 9 0 1 73
$252,000 1,670 0.25 - 0.5 acre 3 2 48 1 1 38
$158,450 1,338 0.5 - 1 acre 3 2 60 0 0 56