Top Mega Teams in Tulsa, Oklahoma – Ranked by Volume

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2022 Market Summary

Tulsa, Oklahoma started 2022 with a total of 334 single-family homes on the market, with a median home price of $314,450 and an average price per square foot of $159. By the end of the year, inventory had increased to 568 homes on the market (+70%), with a median home price of $299,000 (-4%) and an average price per square foot of $159 (+0%).

At the start of 2022, the median days on market (DOM) was 42 days – by the end of the year, median DOM had increased to 59 days.

Tulsa started the year with 31% 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 42% of Tulsa homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Tulsa started 2022 as a strong seller’s market, with an MAI score of 72; by the end of the year, the MAI had dropped to 36 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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