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 three years. These charts are live and updated automatically to accurately track the Shawnee market trends.

I feel strongly that as a real estate professional, I am conversant with our local market and completely transparent with consumers about our 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 ğŸ˜Ž

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

Chart showing number of homes sold in Shawnee OK

^^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 looking to move to Shawnee will be attracted to the affordability of Shawnee compared to other communities in Oklahoma.

Halfway through 2017, the average sales price for all of Oklahoma was $184,772, compared to Shawnee’s average of $140,984, making Shawnee’s home prices about 24% less than the statewide average! So whether a family or an entire company is looking to relocate, don’t these stats make it easier to be Sold on Shawnee?

Chart showing average price of homes in Shawnee OK

^^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

^^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

^^Click bar chart above for interactive line graph


 

I’ve included the graph below with Average Showings to Pending just for a little fun. Homesellers 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 keyboxes 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 contract—or pending—to give us this average. a/k/a data geekdom ğŸ˜Ž

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

^^Click bar chart above for interactive line graph