OKHomeFinder.com is the best web site to locate homes currently for sale in the Moore OK area. Located just a few miles south of Oklahoma City, Moore has become a city of its own, no longer dependent on the coat tails of Oklahoma City. Moore is well known for the quality of its schools and quality of life. There are three Moore OK high schools. The Moore OK school system receives very strong support from the community. School bonds are passed on a regular basis without fail and schools are built and maintained for the ever-increasing population growth that Moore enjoys. Moore OK is well known for its beautiful homes, safe neighborhoods and reasonable cost of living. According to the "Best Cities for Jobs" report recently released by Forbes magazine, Oklahoma City was 10th in the rankings in the largest 100 metropolitan areas included in the rankings. The rankings included five criteria weighted equally: unemployment, job growth, income growth, median household income and cost of living. These are the strongest factors that determine the health of the housing market in any market. Recent Market Statistics for the Moore OK Home Market 357 active home listings at this time updated 06/12/2009 85 days on the market for recently sold homes 193 homes in Moore OK pending sale 87 homes sold in Moore OK in the past 30 days 123,963 average sales price in the past 30 days 1,532 average square footage of homes sold in the past 30 days 80.19 average price per square foot for the past 30 days This information is for the past 30 days, May 1, 2009 thru May 31, 2009, updated on June 12, 2009. The average sales price of a Moore OK home was $123,963 in May of 2009. The average square footage for a home is about 1532 square feet of living space. The days on market for a Moore OK home in September of 2008 was 85. There were 87 home sales in May of 2009, the highest priced home sold for $219,900 and the lowest priced home sold for $85. The price of Moore OK homes is consistently recognized for their affordability in comparison to the rest of the country. Due to the strength of the Oklahoma economy, home prices have increased steadily the last 5 years at an average rate of 4.5%. This has been good for Moore OK home values. Even though we have experienced steady growth, we have not been subjected to the wild swings in values experienced by other parts of the country. We do not have a "housing bubble" in Moore OK. Oklahoma is only one of four states in the country that has actually experienced a decline in the foreclosure rate from 2006 to 2007, which is a tribute to the state's economy and housing market. The foreclosure rate in 2008 is only about 7% more than it was in 2007. Sales tax collections for Moore OK were 26% ahead of September of 2007 for September of 2008 and Moore's city government is fiscally sound. Moore OK current population is about 45,000. Growth the last 5 years has been strong and we have recently experienced a strong growth in the retail business from major stores and restaurants. Moore OK is no longer the "sleeping suburb" of Oklahoma City. |