The Edmond Real Estate market continues to show very significant signs of growth as we approach the end of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Coffee Creek addition, occupying the square mile between Kelly & Broadway and Covell & Coffee Creek, from May 20th, 2006 through May 20th, 2007 and compares these numbers with their respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 49 50 -2.00% Years built 1995-2007 1993-2006   Largest home sold (sf) 4271 4400   Average home sold (sf) 2393 2270   Smallest home sold (sf) 1631 1620   Highest sales price $470,00... 05/21/2007

The Edmond Real Estate market continues to show very significant signs of growth as we pass the middle of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Brasswood addition, located on the south side of NW 150th, between Penn & Western, from May 15th, 2006 through May 15th, 2007 and compares these numbers with their respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 12 21 -42.86% Years built 1993-2005 1991-2000   Largest home sold (sf) 3183 3321   Average home sold (sf) 2637 2624   Smallest home sold (sf) 2210 2090   Highest sales price $270,000 $273,000 -1.10% ... 05/16/2007

Once again, we get the privilege of sharing very positive information regarding the Edmond Real Estate and OKC Metro Real Estate market. The following chart shows the monthly Oklahoma City Metropolitan housing statistics for April 2007 as compared to March 2007 and April 2006. You'll notice that all value comparisons to last month and last year reflect positive appreciation. While there were a few less transactions than in March of this year, volume is still much improved over last year and the average interest rate is much lower. While the absorption rate did creep up a little bit, our inventory is still below 6 months, which is a favorable range to be in. The days on market improved over last month but are still a little bit higher than this time last year. Again, not enough change to... 05/15/2007

We mentioned last week that selling a home in Edmond takes more effort, more time and more money than it did last year. You may be wondering why. You'll hear the national and local media talk about the US being in a "buyer's market" now. Many people misunderstand this term (or confuse it with a market downturn or "bubble burst"), thinking it means that home sellers are suddenly desperate to sell, therefore home buyers can get a home for 10-20% under market value. What it really means is simply that there are more homes on the market than there are home buyers in the market. There is no change in the amount of money the home owners owe on their properties or their ability to sell their home at a lower price. Basically, the supply is outpacing the demand. In our Edmond Real Estate market,... 05/14/2007

The Edmond Real Estate market is still showing very significant signs of growth as we quickly approach the middle of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The Sonoma Lake addition is one of my personal favorites because I was heavily involved in it's initial development as a Community Manager for one of the main builders. The following chart shows statistics of homes sold in the Sonoma Lake addition, located on the south side of NW 164th, between Penn & Western, from May 10th, 2006 through May 10th, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 60 61 -1.64% Years ... 05/11/2007

The Edmond Real Estate market continues to show very significant signs of growth as we approach the middle of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Lone Oak Ridge addition, located on NW 164th, west of Portland/Hefner Parkway, from May 9th, 2006 through May 9th, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 13 14 -7.14% Years built 2002-2006 2002-2005   Largest home sold (sf) 2769 2474   Average home sold (sf) 2274 2213   Smallest home sold (sf) 1906 1970   Highest sales price $278,500 $258,900 7.57% Averag... 05/10/2007

The Edmond Real Estate market continues to show very significant signs of growth as we head into the second week of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). While preparing a CMA for a homeowner in Lone Oak Parke this week, I noticed a pricing trend that I feel I should address. The following chart shows statistics of homes sold in the Lone Oak Parke addition, located on NW 164th, west of Portland/Hefner Parkway, from May 7th, 2006 through May 7th, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 34 20 70.00% Years built 2004-2006 2005   Largest home sold (sf) 3025 2850... 05/08/2007

The Edmond Real Estate market continues to show very significant signs of growth going into May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Faircloud & Faircloud Hills additions, located on the west side of Coltrane between Danforth & Covell, from May 2nd, 2006 through May 2nd, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 20 23 -13.04% Years built 1983-1994 1983-1998   Largest home sold (sf) 5136 4495   Average home sold (sf) 3460 3007   Smallest home sold (sf) 2585 2343   Highest sales price $465,000 $437,000 6.41%... 05/04/2007

In today's market, even though Edmond homes are selling well, it takes more effort, more time and more money to sell a home than it did just a year ago. Oftentimes, it's difficult for a homeowner to understand why they need to do more than their neighbor or friend had to do last year, so we've decided to provide some resources on this topic. Not only will we share our knowledge, but we'll also provide resources written by some of our top peers from around the country. Our information will be specific to our local market and our peers' information will be directed more at how to prepare your home for listing and what needs to be done to bring you top-dollar. The first thing to keep in mind when you're getting ready to sell your home is that preparation is key! Many times, homeowners thin... 05/03/2007

The Edmond Real Estate market continues to show very significant signs of growth as we head into May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (Edmond Home Sales). The following chart shows statistics of homes sold in the Wellington Park addition, located on the northeast corner of Memorial Rd & Bryant, from May 1st, 2006 through May 1st, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 9 7 28.57% Years built 1991-1999 1993-1999   Largest home sold (sf) 2812 3350   Average home sold (sf) 2548 2646   Smallest home sold (sf) 2406 2360   Highest sales price $260,000 $289,250 -10.11% Average sales... 05/02/2007

The Edmond Real Estate market continues to show very significant signs of growth as we approach the end of April, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Fairfax Estates addition, located on Covell, East of Coltrane, from April 29th, 2006 through April 29th, 2007 and compares these numbers with the respective numbers from 2005-2006:  2006-07 2005-06 Change Number of sales 26 30 -13.33% Years built 1997-2006 2003-2006   Largest home sold (sf) 4680 4696   Average home sold (sf) 3780 3623   Smallest home sold (sf) 3135 2955   Highest sales price $675,000 $634,000 6.47% Average sales pri... 04/30/2007

With all of the positive activity in the Edmond and Northwest Oklahoma City Real Estate markets, we've been extremely busy just trying to keep you, our clients, informed and up-to-date. In addition to our daily tasks, such as keeping on top of our pending transactions, touring new listings in the area, finding the right home for our buyer clients and making sure our listing clients are getting the best marketing exposure possible, we're also making a concentrated effort to produce regular market reports on the specific neighborhoods you, our clients, are interested in. It seems like every Edmond and NW OKC neighborhood we've researched lately is showing great signs of appreciation and growth. You'll see average sales prices increasing and price per square foot figures climbing. In a mar... 04/25/2007

The Edmond Real Estate market continues to show very significant signs of growth as we pass the middle of April, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (Edmond Real Estate). The following chart shows statistics of homes sold in the Danforth Farms addition, located at Danforth and Western, from April 22nd, 2006 through April 22nd, 2007 and compares these numbers with the respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 17 11 54.55% Years built 1985-2002 1985-1999   Largest home sold (sf) 4113 4236   Average home sold (sf) 3165 2954   Smallest home sold (sf) 2095 2315   Highest sales price $304,000 $293,500 3.58% Average sales price ... 04/24/2007

Despite the daunting reports from the national media about the real estate market, Edmond Real Estate trends still continue to build steam. The following chart shows the monthly Oklahoma City Metropolitan housing statistics for March 2007 as compared to February 2007 and March 2006. As you can see, more transactions were closed this March than both last month and March 2006, resulting in a higher sales volume. In addition, the average and median sales prices were higher than this time last year and the average interest rate is even improved. You'd have to really want to see negatives to notice that the average percentage of selling price to listing price dropped slightly and the average "Days On Market" increased from 74 to 93. I believe these two factors are affected simply by the incr... 04/21/2007

I'm always looking for the latest, greatest tools to help my current and future clients find the information they want and need. I love technology and our generation gets all the "best new toys" to experiment with. I especially pride myself on having the marketing tools that my competition doesn't have. I'm able to market my listings and get better results because of the little things I have at my disposal that my competitors just haven't figured out yet. I work hard to stay on the cutting edge and add new tools regularly. Now I've found a cool tool for the buyers out there, and it's TOTALLY FREE! Google maps has a "My Maps" feature now. I've only just begun playing with this new toy and I see huge potential with it already. Basically, it allows you to create your own maps, complete wit... 04/21/2007

I've had the pleasure of working with a wonderful couple from Texas over the past few weeks. They're a younger couple who have plans to have children in the next few years and are looking for a home that they can grow into. As we searched the Edmond homes for sale, we found a few communities that they like, but the evening we toured Steeplechase, in northeast Edmond, they found a neighborhood to fall in love with. From the grand entrance, to the beautiful treed creek areas and the varied style of well-kept homes, this community has all the appeal necessary to capture the hearts of the most discriminating home buyers. We found their dream home (pictured here), which boasts every amenity they were seeking, and nailed down the purchase a couple of days ago. Seeing the excitement in their e... 04/19/2007

The Edmond Real Estate market continues to show very significant signs of growth as we pass the middle of April, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Mulholland addition, located at Danforth and Pennsylvania Ave, from April 16th, 2006 through April 16th, 2007 and compares these numbers with the respective numbers from 2005-2006:  2006-07 2005-06 Change Number of sales 3 7 -57.14% Years built 1995-2005 1994-2005  Largest home sold (sf) 5304 6158  Average home sold (sf) 4804 5031  Smallest home sold (sf) 4013 3778  Highest sales price $988,500 $957,500 3.24% Average sales price $809... 04/17/2007

The Edmond Real Estate market is still showing very significant signs of growth as we head into April, 2007. Last year, 2006, brought a rise in most areas of Edmond and indicators are shaping up well for 2007. View the latest statistics here: (Edmond Real Estate). The following chart shows statistics of homes sold in Summer Ridge from... read morewww.YourOpenHouse.us 04/03/2007

The Edmond Real Estate market is still showing very significant signs of growth as we head into April, 2007. Last year, 2006, brought a rise in most areas of Edmond and indicators are shaping up well for 2007. View the latest statistics here: (Edmond Real Estate). The following chart shows statistics of homes sold in Hidden Lake from April 1st, 2006 through April 1st, 2007 and compares these numbers... read morewww.YourOpenHouse.us 04/01/2007

The Edmond Real Estate market is growing stronger as we head into the spring season. 2006 brought a rise in most areas of Edmond and indicators for 2007 look great. View the latest area statistics here: (Edmond Real Estate). The following chart shows statistics of homes sold in Fenwick from March 25th, 2006 through March 25th, 2007 and compares these numbers... read morewww.YourOpenHouse.us 03/26/2007