Erhardt Group's Market Report

Oklahoma City, OK 73170 - Moore

Single-Family Homes

Erhardt Group LLC | homes@erhardtgroup.com | 405-309-7477



Oklahoma City, OK 73170 - Moore

Tue Jul 05 2022
This week the median list price for Oklahoma City, OK 73170 - Moore is $382,995 with the market action index hovering around 68. This is less than last month's market action index of 76. Inventory has held steady at or around 50. Click here to stay informed with the Oklahoma City 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oklahoma City, OK 73170 - Moore

Tue Jul 05 2022
This week the median list price for Oklahoma City, OK 73170 - Moore is $382,995 with the market action index hovering around 68. This is less than last month's market action index of 76. Inventory has held steady at or around 50. Click here to stay informed with the Oklahoma City 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Oklahoma City market.
Median List Price $382,995
Median Price of New Listings $377,000
Per Square Foot $172
Average Days on Market 55
Median Days on Market 35
Price Decreased 54%
Price Increased 0%
Relisted 6%
Inventory 50
Median Rent
Market Action 68
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$741,500 3,844 0.25 - 0.5 acre 4 3.5 14 1 1 35
$429,722 2,440 6,500 - 8,000 sqft 4 3 0 1 3 35
$379,000 2,049 8,000 - 10,000 sqft 4 2 2 2 2 14
$269,999 1,947 6,500 - 8,000 sqft 3 2 26 2 6 14