As we discussed in an update on the Oklahoma City market conditions July 2009, good housing and job opportunities have renewed public interest in one of America’s most resilient cities.  And now, as we look at the data for Oklahoma City real estate market conditions in August 2009, we see that their housing market is still strong. So strong, in fact, that prices are slowly rising. Take a look:

Inventory
Homes for Sale: 3,690
New Homes: 9
Foreclosures: 235

Median Price
Homes for Sale: $134,700
New Homes: $141,900
Foreclosures: $75,000

Month-Over-Month Change
Homes for Sale: +0.5%
New Homes: +0.1%
Foreclosures: +5.6%

Still looks pretty good! But as any savvy buyer knows, the market is unpredictable. In this case, truly serious buyers should be even more vigilant; with prices on a steady climb, it may not pay to wait much longer. For more information on homes for sale in Oklahoma City, contact a trusted, recommended Realtor who specializes in the local market and the type of home you wish to purchase.