Is Quail Creek, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Quail Creek has remained a Seller's Market.
Key Takeaway
Quail Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Quail Creek, OK
How much do homes in Quail Creek, OK cost?
Median Sold Price
$422,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Quail Creek have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Quail Creek was $422,500 in May 2024, down 2.9% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.5K | $92K | +2.8% |
| 2 Bedrooms | $205K | $117K | -42.9% |
| 3 Bedrooms | $417.4K | $403.5K | -3.3% |
| 4 Bedrooms | $512.4K | $525K | +2.4% |
| 5+ Bedrooms | $711K | $560K | -21.2% |
Summary: Quail Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 21.2%.
Housing Supply in Quail Creek, OK
How many homes are available in Quail Creek, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 54 | -1.8% |
Summary: The Quail Creek real estate market had 54 homes for sale in May 2024, a 1.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Quail Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quail Creek, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Quail Creek in May 2024, down by 45.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for Quail Creek, OK
How long does it take to sell a home in Quail Creek, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 9 Days | 23 Days | +149.4% |
Summary: Homes in Quail Creek had an average of 23 days on market in May 2024, up by 149.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quail Creek are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Quail Creek; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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