Shawnee Market Statistics

Shawnee OK housing market update

Here is a visualization of the Shawnee Oklahoma market statistics for the last month compared with the past two years. These charts are live and updated automatically to accurately track the Shawnee market trends.

I feel strongly that you should expect a real estate professional to be conversant with local market and completely transparent with consumers about market facts. I bring this to you from our multiple listing service (MLSOK) to give up-to-date information that helps you make wise home selling and buying decisions. Or you’re free to just peruse the page periodically if you’re a data geek šŸ˜Ž

Here’s the latest Shawnee market statistics beginning with the most recent Closed Sales:

Chart showing number of homes sold in Shawnee OK

ā†‘ Click bar chart above for interactive line graph


 

The Average Sales Price of homes in Shawnee may not immediately show much value to individual homeowners, however people considering a move to Shawnee will be attracted to the affordability of Shawnee compared to other communities in Oklahoma.

Chart showing average price of homes in Shawnee OK

ā†‘ Click bar chart above for interactive line graph


 

Statistics tell us houses in the best condition, marketed effectively in their best light at a competitive list price and terms sell the fastest. Those that need repairs or updating, have poor-quality photos, and are not aggressively priced take longer than average to sell. See below last month’s Average Days on Market compared alongside what we’ve seen in Shawnee over the past three years:

Chart showing average days on market of homes for sale in Shawnee OK

ā†‘ Click bar chart above for interactive line graph


 

The graph below illustrating Months Supply of Homes for Sale shows how many months it would take for the current inventory of homes on the market to sell, given the current pace of home sales.

Chart showing months supply of homes for sale in Shawnee OK

ā†‘ Click bar chart above for interactive line graph


 

I’ve included the graph below with Average Showings to Pending just for a little fun. Home sellers always wonder how many times their home is going to be shown before they have a fully accepted purchase contract. The technology used through our multiple listing service, including software to schedule showings and smart key boxes that track which agent showed a property and when it was shown. That data is cross referenced to the days on market for each property before being placed under contractā€”or pendingā€”to give us this average. a/k/a data geekdom šŸ˜Ž

Chart showing average showings to pending of homes for sale in Shawnee OK

ā†‘ Click bar chart above for interactive line graph