It's time for my monthly report on what's selling, what's not, and what's new on the market in Homestead.  This report is designed to keep you up-to-date on inventory levels, then quarterly I break down pricing and compare it to the previous year.  This combination gives me a real pulse on the health of the Homestead real estate community.You'd be amazed at how often I get asked "What did that house around the corner sell for" or "How much is that house on X street listed for?"  So, I've been working on a format for this report, which will give that information and more.  Hopefully, it will be a useful resource for Homestead residents, and those thinking about moving here. If you're one of those who are thinking about buying a home in Homestead, be sure to check out some of our other po... 01/21/2008

Homestead is another one of Northwest Edmond's premier sought-after family communities.  Located on the West Side of Santa Fe, and North side of Danforth, it's a good-sized community, with a nice presence from the main streets.  Nearby neighborhoods include Cedar Pointe and Pebble Creek to the East, and Stonebriar to the West.Homestead offers all the things that most families want in a neighborhood; a great location, convenient to lots of shopping, restaurants and parks, and you'll love the community pools, parks, ponds, walking trails, and great schools. These are what many would call junior executive level homes, and the kids in Homestead get the benefit of the award-winning Edmond Public Schools system; specifically John Ross Elementary, Cheyenne Middle School, and Edmond North High ... 01/04/2008

The Edmond Real Estate market continues to show very significant signs of growth as we rapidly approach the end of May, 2007. Last year, 2006, brought a rise in most areas of Edmond, Deer Creek and Oklahoma City and indicators are shaping up well for 2007. View the latest statistics here: (OKC Real Estate). The following chart shows statistics of homes sold in the Homestead addition, located on the NW section of Santa Fe & Danforth, from May 24th, 2006 through May 24th, 2007 and compares these numbers with their respective numbers from 2005-2006:   2006-07 2005-06 Change Number of sales 20 22 -9.09% Years built 1996-2001 1996-2002   Largest home sold (sf) 2513 2645   Average home sold (sf) 2309 2443   Smallest home sold (sf) 2055 2256   Highest sales price $231,000 $231,200 -0.09% Avera... 05/28/2007

Neighborhood Market Summary provided courtesy of The Hukill GroupThinking of selling your home in Homestead? What are the current market trends and home values in Edmond, OK? 2006 brought a rise in most areas of Edmond. This chart shows statistics of homes sold in Homestead in 2006 as compared to 2005:  20062005ChangeNumber of sales2225-12.00%Years built1996-20021996-2001 Largest home sold (sf)25202645 Average home sold (sf)23302384 Smallest home sold (sf)20552043 Highest sales price$230,000$231,200-0.52%Average sales price$212,040$204,0283.93%Lowest sales price$191,000$173,00010.40%Highest price per sf$98.05$90.817.97%Average price per sf$91.09$85.546.49%Lowest price per sf$85.86$81.365.53%Longest DOM17011251.79%Average DOM2858-51.72%Shortest DOM20 Curious what your home's worth? Call ... 02/22/2007