Oklahoma City Metro Sees Boost In Summer Housing Market

The Oklahoma City Metropolitan Association of Realtors says several factors are driving the housing market across the Oklahoma City metro this summer.

Tuesday, June 25th 2024, 6:44 am



The Oklahoma City Metropolitan Association of Realtors says the housing market is heating up just in time for summer.

Consistent interest rates and a decrease in the average days on the market are two factors helping drive the housing market across the OKC metro.

An Oklahoma City real estate broker, Lauren Toppins, says a spike in buyers is bringing down the average days on the market, but they still have plenty of time to make their decision.

She said that doesn’t mean sellers have to reduce their prices, which means everybody wins.

"It's great for both parties. It allows for the seller to be what they call the seller's market, but at the same time, it shows that buyers are making decisions and not being stalemated on opportunities," Toppins said.

According to Toppins, homes in some metro zip codes stay on the market an average of 41 days, a 25% decrease from previous months.


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