Bartlesville, OK

The current market dynamics suggest that properties priced competitively and strategically are more likely to transact at a steady pace. While the increased days on market indicate some pressure for sellers to be agile, the elevated pending ratio underscores consistent demand. Discipline in pricing and negotiation is advisable for both parties, as a rapid shift in inventory or demand could influence leverage.

The average listing price has increased by 18.8% year-over-year, significantly outpacing the 6.1% year-over-year increase in median listing price, creating a notable spread between the two metrics. However, median price per square foot has only risen by 3.7% year-over-year. Without further segmentation of price tiers, this could indicate some softening in the higher-end segment, where larger homes may be experiencing less robust price appreciation on a per-square-foot basis compared to the overall market. Specific luxury-segment dynamics are not definitively delineated by these metrics alone, but the divergence between average and median prices, along with the relatively subdued median price per square foot growth, warrants closer observation for potential stratification in market performance.

154 active listings represent the current floor, with new supply arriving at roughly 70 per month.

of active listings carry a price reduction, +1.4% from prior period.

Median price per square foot has moved +3.7% year-over-year.

Pending-to-active ratio — Accelerated.