Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

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Sand Springs, OK

Tue Jul 05 2022
This week the median list price for Sand Springs, OK is $300,000 with the market action index hovering around 71. This is less than last month's market action index of 82. Inventory has increased to 47. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Sand Springs, OK

Tue Jul 05 2022
This week the median list price for Sand Springs, OK is $300,000 with the market action index hovering around 71. This is less than last month's market action index of 82. Inventory has increased to 47. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sand Springs market.
Median List Price $300,000
Median Price of New Listings $254,500
Per Square Foot $142
Average Days on Market 32
Median Days on Market 21
Price Decreased 40%
Price Increased 0%
Relisted 6%
Inventory 47
Median Rent
Market Action 71
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$675,000 3,452 5 - 10 acres 4 3.5 23 2 0 28
$339,930 1,895 8,000 - 10,000 sqft 3 2 0 1 1 14
$274,000 2,015 0.25 - 0.5 acre 3 2 34 4 2 21
$152,500 1,377 8,000 - 10,000 sqft 3 1.8 64 5 0 7