Top Medium Teams in Tulsa, Oklahoma – Ranked by Volume
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Rank – City Volume | Team Name | Company | Location | Volume | Profile |
---|---|---|---|---|---|
1 | Brian Frere Team | Keller Williams | Tulsa, OK | $59,420,183 | View Profile |
2 | The Wolek Group | Keller Williams | Tulsa, OK | $29,741,241 | View Profile |
3 | Maureen Kile Team | Coldwell Banker Select | Tulsa, OK | $21,807,073 | View Profile |
4 | Heckenkemper Team | Keller Williams | Tulsa, OK | $20,239,916 | View Profile |
2023 Tulsa, Oklahoma Housing Market Summary
Tulsa, Oklahoma started 2023 with a total of 559 single-family homes on the market, with a median home price of $299,999 and an average price per square foot of $158. By the end of the year, inventory had increased to 725 homes on the market (+29%), with a median home price of $325,000 (+8%) and an average price per square foot of $175 (+10%).
At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 70 days.
Tulsa started the year with 43% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 43% of Tulsa homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Tulsa started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.
This market summary is powered by Altos Research – click here to run a free report for your area.
Real Estate News
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Nov 04, 2024As candidates in the upcoming presidential election offer strategies to address a national housing crisis, there is an urgent need for new solutions for the housing shortage in rural America. The current set of federal policies often takes a “one size fits all” approach based on urban and suburban market economics. Consequently, one in four rural households cannot afford the home they live in, let alone a move up the ladder of the American dream.
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Agent News
Real estate agent commissions are holding steady, except at this price point
Oct 31, 2024Redfin data shows the average commission between August and October has dropped 1 basis point to 2.34%, but on homes sold for $1 million or more, the average rate has fallen 13 basis points to 2.11%
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AgentCoach.AI is deploying bots to train real estate agents
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CRMLS, Bright MLS team up to offer reciprocal access to home listings
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Real estate execs launch coaching platform with an eye for helping fellow women
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New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees
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D.C. Attorney General takes action against another title firm over alleged kickbacks
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