• To Log in or Sign Up for My Property Finder Click Here

Jeff Savage - CRS, e-PRO, SRES

REALTOR

How is Real Estate Doing?



My First Quarter 2016 Real Estate Market Analysis is now complete. 

I will post the updated detailed analysis at my SlideShare account (www.SlideShare.net/JeffSavage01 ).

To briefly REVIEW the First Quarter 2016 results, let me give you a few quick insights:

  • TOTAL Dollars Spent on Real Estate is UP 21.7% from first quarter last year (2015)
  • TOTAL Dollars Spent on Real Estate is now just over $32.6 Million
  • TOTAL number of PROPERTIES of all types sold is UP 13.8%
  • Dollars spent on HOMES is UP 29.1%
  • Number of HOMES sold is UP 7.9%
  • Dollars spent on WATERFRONT HOMES  is UP 37.8%
  • Dollars spent on LUXURY HOMES ($500,000+)  is UP 110.5%
  • Number of LUXURY HOMES sold is UP 50%
  • Dollars spent on WATERFRONT LOTS  is DOWN 7.9%
  • Dollars spent on FARMS is DOWN 70.1%
  • Conventional Financing is UP 18.1%
  • Conventional Financing LOANS is DOWN 12.3%
  • Cash Financing is UP 48.9%
  • Dollars spent on South Counties Real Estate is UP 17.2% to $8.9 Million
  • Dollars spent on Grove Area Real Estate is UP 42.5% to $19.3 Million

If you would like a one page recap showing about 20 categories broken down to SOLD $s, # SOLD, Average Price and %age of market, let me know and I will send it to you.

Based on information from the Northeast Oklahoma Board of Realtors® for the period January 1, 2016 through March 31, 2016.

Thanks to all of my buyers, sellers and friends, 2016 is off to another great start in real estate. I couldn’t have done it without you! Through March 31, 2016, I have achieved over 40% of my 2016 stretch goal.

See me for your Real Estate needs.

****************************************************

My Year-End 2015 Real Estate Market Analysis is now complete. 

I have posted the updated detailed analysis at my SlideShare account (www.SlideShare.net/JeffSavage01 ).

To briefly REVIEW the Year-End 2015 results, let me give you a few quick insights:

  • TOTAL Dollars Spent on Real Estate was about the same as last year (2014)
  • TOTAL Dollars Spent on Real Estate was over $170 Million
  • TOTAL number of PROPERTIES of all types sold is DOWN slightly
  • Dollars spent on HOMES is about the same as last year at $143 Million
  • Number of HOMES sold is about the same as last year
  • Dollars spent on WATERFRONT HOMES  is DOWN 17% to $66 Million
  • Dollars spent on LUXURY HOMES ($500,000+)  is DOWN 22% to $28 Million
  • Number of LUXURY HOMES sold is DOWN 13%
  • Dollars spent on WATERFRONT LOTS is DOWN 30% to $3.3 Million
  • Dollars spent on FARMS is UP 12% to $13.3 Million
  • Conventional Financing is DOWN 10% to $68 Million
  • Conventional Financing LOANS is about the same
  • Cash Financing is about the same as last year at $57 Million
  • Dollars spent on South Counties Real Estate is DOWN 15% to $52 Million
  • Grove Area Real Estate is UP 4% to $90 Million

Attached is a one page recap showing about 20 categories broken down to SOLD $s, # SOLD, Average Price and %age of market.

Based on information from the Northeast Oklahoma Board of Realtors® for the period January 1, 2015 through December 31, 2015.

Thanks to all of my buyers, sellers and friends, 2015 was my best year ever in real estate.   I increased my 2015 sales by 33% over 2014.  I couldn’t have done it without you!   Both 2013 and 2014 were 63% over 2012.  I am moving in the right direction.

See me for your Real Estate needs.