Is Brookside Business Association, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookside Business Association is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brookside Business Association was a Seller's Market.

Key Takeaway

Brookside Business Association is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brookside Business Association, OK

How much do homes in Brookside Business Association, OK cost?

Median Sold Price

$285,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,000(+14.5%)

Key Takeaway

Homes in Brookside Business Association have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Brookside Business Association was $285,000 in November 2024, up 14.5% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.7K$141.5K
+14.3%
2 $202.5K$233.9K
+15.5%
3 $262.5K$272.5K
+3.8%
4 $757.5K$745K
-1.7%
5+ $732.2K$1.0M
+43.4%

Summary: Brookside Business Association housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 43.4%.

Median Sold Price Compared To Nearby Neighborhoods

Brookside Business Association
+14.5%
Brookside
+4.6%

Housing Supply in Brookside Business Association, OK

How many homes are available in Brookside Business Association, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6768+1.5%

Summary: The Brookside Business Association real estate market had 68 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 2523
-8.0%
3 2729
+7.4%
4 98
-11.1%
5+ 24
+100.0%

Summary: The Brookside Business Association housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookside Business Association, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Brookside Business Association in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Brookside Business Association, OK

How long does it take to sell a home in Brookside Business Association, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days32 Days-1.1%

Summary: Homes in Brookside Business Association had an average of 32 days on market in Nov 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookside Business Association are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Brookside Business Association; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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