Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

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Sand Springs, OK

Sun Jul 14 2024
This week the median list price for Sand Springs, OK is $334,900 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 76. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Sand Springs, OK

Sun Jul 14 2024
This week the median list price for Sand Springs, OK is $334,900 with the market action index hovering around 42. This is less than last month's market action index of 46. Inventory has increased to 76. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sand Springs market.
Median List Price $334,900
Median Price of New Listings $268,500
Per Square Foot $162
Average Days on Market 62
Median Days on Market 42
Price Decreased 45%
Price Increased 1%
Relisted 8%
Inventory 76
Median Rent
Market Action 42
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$600,000 3,192 2.5 - 5 acres 4 3 19 1 1 49
$420,000 2,149 0.5 - 1 acre 4 2 5 4 1 42
$289,500 1,896 8,000 - 10,000 sqft 3 2 32 4 5 42
$180,000 1,232 8,000 - 10,000 sqft 3 1 75 5 5 35