Despite all we hear about foreclosures and subprime mortgages, the real estate market in the greater Tulsa area continues to be very good. According to statistics released by NORES, INC. (MLS), the average sales price for homes in the Tulsa area increased 5.3% from $144,006 in June 2006 to $151,372 for the same period this year. The median sales price also increased from $124,900 to $132,000 for a 5.7% gain.
To learn how the increases in home prices have affected the value of your home, contact me at slaunchbaugh@cbtulsa.com
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