At Seda Real Estate Group we are constantly following the market so we can better serve you. Knowing what’s happening in Oklahoma City and the surrounding areas is an important part of what we do.
Here’s the latest on the Oklahoma City market from Seda Real Estate Group’s Lead Agent Becky Seda.
In the first week of September, we saw almost 700 houses come on the market. We also saw almost 700 houses drop their prices, here in Oklahoma City.
What does that mean for buyers and sellers?
It means that homes are not selling as quickly right now as they were in the previous market.
For sellers, it means that adjustments are having to be made to get the home to sell. Buyers are being very picky, right now, and aren’t afraid to ask for adjustments to be made.
For buyers, it means sellers are willing to negotiate. Houses are taking longer to sell and sellers get a little anxious to move on. That adds up to more room to negotiate. So, if you see a house that has been on the market for a bit, it’s likely worth making an offer on it.
If you have questions or want to talk about the market we are always happy to talk real estate. And, if you are looking to buy or sell a home our team would love to help. Give us a call at 405-400-9973.