Altos Market Data for Realtors

Sand Springs, OK

Single-Family Homes

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Sand Springs, OK

Mon Jun 05 2023
This week the median list price for Sand Springs, OK is $320,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 39. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Sand Springs, OK

Mon Jun 05 2023
This week the median list price for Sand Springs, OK is $320,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 39. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Sand Springs market.
Median List Price $320,000
Median Price of New Listings $242,000
Per Square Foot $137
Average Days on Market 80
Median Days on Market 42
Price Decreased 46%
Price Increased 5%
Relisted 13%
Inventory 39
Median Rent
Market Action 49
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 level. 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
$575,000 3,460 5 - 10 acres 4 4 16 0 0 63
$415,000 2,082 2.5 - 5 acres 4 3 7 0 1 52
$290,000 2,271 8,000 - 10,000 sqft 4 3 26 4 1 10
$168,250 1,541 0.25 - 0.5 acre 3 2 54 5 3 17