Is The Meadows at Surrey Hills, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Meadows at Surrey Hills is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, The Meadows at Surrey Hills was a Seller's Market.

Key Takeaway

The Meadows at Surrey Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Meadows at Surrey Hills, OK

How much do homes in The Meadows at Surrey Hills, OK cost?

Median Sold Price

$265,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,000(+1.1%)

Key Takeaway

Homes in The Meadows at Surrey Hills have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in The Meadows at Surrey Hills was $265,000 in December 2024, up 1.1% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $255K$251.1K
-1.5%
4 $294.5K$276.4K
-6.1%
5+ $360K$365K
+1.4%

Summary: The Meadows at Surrey Hills housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

The Meadows at Surrey Hills
+1.1%
Northwest Oklahoma City
0%

Housing Supply in The Meadows at Surrey Hills, OK

How many homes are available in The Meadows at Surrey Hills, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1918-5.3%

Summary: The The Meadows at Surrey Hills real estate market had 18 homes for sale in December 2024, a 5.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 97
-22.2%
4 1011
+10.0%
5+ 00
0.0%

Summary: The The Meadows at Surrey Hills housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Meadows at Surrey Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Meadows at Surrey Hills in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for The Meadows at Surrey Hills, OK

How long does it take to sell a home in The Meadows at Surrey Hills, OK?

Average Sale Time

Dec 2023Dec 2024CHANGE
39 Days34 Days-11.5%

Summary: Homes in The Meadows at Surrey Hills had an average of 34 days on market in Dec 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Meadows at Surrey Hills are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in The Meadows at Surrey Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in The Meadows at Surrey Hills, OK

Nearby Markets to The Meadows at Surrey Hills, OK