Tuesday, April 1, 2008

Real Estate Market Snapshot--Lawton, OK


The Lawton Real Estate Market has been stable relative to many other market segments across the country. While the market in general and home values in particular are not quite what they were two years ago, Lawton has not experienced the dramatic value decreases that markets such as Denver, Miami and L.A. have.
Here is a snapshot of the Lawton Real Estate Market as of April 1st, 2008:

Active Listings------1060

New Construction----150

Pending---------------510

Sold Last Month------124

Sold Last 6 Months---745

Months of Inventory--8.5

Average List Price----$122,604

Average Sold Price----$119,461


Homes are still being sold in Lawton despite the crisis in the mortgage market, and at a fairly stable rate compared to many real estate markets.



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