Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

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Sand Springs, OK

Thu Sep 21 2023
This week the median list price for Sand Springs, OK is $265,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has increased to 37. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Sand Springs, OK

Thu Sep 21 2023
This week the median list price for Sand Springs, OK is $265,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has increased to 37. 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. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Sand Springs market.
Median List Price $265,000
Median Price of New Listings $187,500
Per Square Foot $142
Average Days on Market 68
Median Days on Market 35
Price Decreased 49%
Price Increased 5%
Relisted 5%
Inventory 37
Median Rent
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$549,900 3,105 5 - 10 acres 4 3 17 0 1 35
$326,626 2,307 0.25 - 0.5 acre 3 3 23 0 1 70
$245,000 1,896 0.25 - 0.5 acre 3 2 44 0 1 42
$163,700 1,338 0.5 - 1 acre 3 2 62 5 4 7