Real Estate Analysis and Commentary in Tulsa

According to the preliminary trends, the Tulsa MSA market area has experienced some upward momentum with the increase of Median Price this month. Prices went up 10.67% in September 2022 to $249,000 versus the previous year at $225,000.

With higher interest rates I would expect to see slower home sales over the next few months. Over the winter months, which are typically slower no matter what interest rates are, we see a slower rate of sales. We still continue to see low inventory levels in the MSA area. 

September 2022 data is the most recent data available at this time.