OKC Home Markets Continue to Fluctuate
Oklahoma City home sales slip, so does supply
By Richard Mize
Home sales hot to the end of the year cooled in January — not unusual for the dead of winter — but the new year still started ahead of 2012 with a warming trend for housing in the Oklahoma City area.
Realtors handled 1,155 sales in January, down 16.2 percent from December but up 12 percent compared with January 2012, according to the Metro Association of Realtors.
Homes listed with Realtors on average sold in 81 days, 10 days faster than a year ago but six days longer than the month before, the association reported, even with loan rates slightly lower than in December.
The average interest rate paid for a 30-year home loan was 3.51 percent here in January — compared with 3.56 percent in December and 4.17 percent in January 2012, according to the Realtors.