Midtown Tulsa Luxury Homes Market Report Zip 74114 - March 2013
By Lori Cain, Midtown Tulsa Real Estate Top Producer
(Own Tulsa)
Movement is steady among midtown Tulsa luxury homes in zip 74114 of Tulsa. For the purpose of this market report, we are including single family residences listed $500,000 and above, sold in the past year. In the past twelve months, 53 Tulsa luxury homes were sold in zip 74114, with $875,253 being the average sales price and the average price per square foot was $195. Seven properties sold for over one million dollars and three properties sold for over two million. The highest selling property was in the Forest Hills subdivision and sold for $3,950,000 - sold for full price after only seven days on market. The 53 properties sold in the past year indicate an absorption rate of 4.5 Tulsa luxury homes being sold each month - a great indicator, particularly in this price range. There are ni...
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