OKHomeFinder.com is the best web site to locate homes currently for sale in the Edmond OK area.  Located just a few miles north of Oklahoma City, Edmond has become a city of its own, no longer dependent on the coat tails of Oklahoma City.  Edmond is well known for the quality of its schools and quality of life.  There are three Edmond OK high schools and one Deer Creek high school.  The Edmond 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 Edmond enjoys.

Edmond OK is well known for its beautiful homes, safe neighborhoods and reasonable cost of living.  Last year, Edmond was the safest city in Oklahoma with a population of 17,000 or more.  Edmond was the 8th safest city in the nation compared to other cities with a population of 75,000 or more based on figures from the FBI Uniform Crime Report.

         Recent Market Statistics for the Edmond OK Home Market

          1,673 active home listings at this time

                102 days on the market for recently sold homes

             501 homes in Edmond OK pending sale

             290 homes sold in Edmond OK in the past 31 days

      247,265 average sales price in the past 30 days

          2,380 average square footage of homes sold in the past 30 days

          98.04 average price per square foot for the past 30 days

                  This information is for the past 30 days, May 1, 2008

                    thru May 31, 2008, updated on June 23, 2008.

A a near-record of 3,283 homes were sold in Edmond in 2007.    So far there have been a total of 1,102 homes sold in Edmond in 2008, and we believe that the record of 3,668 sales in 2005 may be broken by the end of December.

The average sales price of an Edmond OK home was $247,265 in May of 2008.   The average square footage for a home is about 2,380 square feet of living space and the average days on market was 102.

The were 290 Edmond OK homes sold in May of 2008, the highest priced home sold for $1,952,002 and the lowest priced home sold for $69,900.

The price of Oklahoma homes is consistently recognized for their affordability in comparison to the rest of the country.

Due to the strength of the Oklahoma economy, the median home price grew 31.6% between 2001 and 2006.  More recently, in the 2nd quarter of 2007, home prices rose 3.1% over the same period a year ago. This has been good for Edmond 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 Edmond OK.

Oklahoma is only one of four states in the country that has actually experienced a decline in the foreclosure rate from 2007 to 2008, which is a tribute to the state's economy and housing market.

Why is Edmond OK real estate so strong?  Because the real estate fundamentals are positive:

     1. Oklahoma has healthy job and population growth.

     2. More than 19,600 people moved into Oklahoma in 2006 than moved out.

     3. Oklahoma's employment gain beat the national average by nearly 1%.

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.    

Sales tax collections for Edmond OK are currently 4.5% ahead of 2007 and Edmond's city government is fiscally sound.

Edmond OK current population is about 80,000.  Growth the last 5 years has been strong and we have recently experienced a strong growth in the retail business from major retail stores and restaurants.

Edmond OK is no longer the "sleeping suburb" of Oklahoma City.