Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

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Sand Springs, OK

Sat Aug 13 2022
This week the median list price for Sand Springs, OK is $310,000 with the market action index hovering around 56. This is less than last month's market action index of 68. Inventory has increased to 53. 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

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

Sat Aug 13 2022
This week the median list price for Sand Springs, OK is $310,000 with the market action index hovering around 56. This is less than last month's market action index of 68. Inventory has increased to 53. 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

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 $310,000
Median Price of New Listings $185,000
Per Square Foot $140
Average Days on Market 52
Median Days on Market 42
Price Decreased 49%
Price Increased 0%
Relisted 6%
Inventory 53
Median Rent
Market Action 56
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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 3,435 5 - 10 acres 4 4 23 2 0 63
$379,000 1,896 8,000 - 10,000 sqft 3 2 0 1 2 56
$270,000 1,929 0.25 - 0.5 acre 3 2 35 1 3 42
$147,500 1,441 8,000 - 10,000 sqft 3 2 79 5 5 14