Edmond OK Home For Sale and Moore OK Home For Sale
     
Kyle Noe
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Kyle Noe

Moore OK Home For Sale


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

             411 active home listings at this time

                64 days on the market for recently sold homes

             132 homes in Moore OK pending sale

             284 homes sold in Moore OK in the past 90 days

      127,205 average sales price in the past 90 days

          1,550 average square footage of homes sold in the past 90 days

          82.07 average price per square foot for the past 90 days

                  This information is for the past 90 days, September 1

                    thru November 30, 2007, updated on December 20, 2007.

 

The average sales price of a Moore OK home was $127,015 in November of 2007. The average square footage for a home is about 1558 square feet of living space. The days on market for a Moore OK home in October of 2007 was 55.

There were 78 home sales in November of 2007, the highest priced home sold for $435,000 and the lowest priced home sold for $49,900.

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.

Sales tax collections for Moore OK are currently 4% ahead of 2006 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.

 


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