In the 2nd Qtr. 2009 the average sales price in Owasso remained almost unchanged compared to 1st Qtr. 2009 and 2nd Qtr. 2008. The number of homes sold increased dramatically by 61% compared to the first Qtr. 2009 (203/126) and 15% comapred to 2nd Qtr. 2008. Days on the market decreased by 10% compared to the 1st Qtr. and increased by 23% compared to the 2nd Qtr. 2008.
Owasso is a growing city with a strong school system, two new hospitals and extensive retail and commercial growth in the past few years. The real estate market should continue to be steady in 2009, particularly in light of the current low interest rates of around 5 1/2%. Owasso will also benefit from the $8,000 income tax rebate for first-time home buyers.
ZIP Code: 74055 Location Characteristics: Owasso's prime location offers the big city advantages plus the small town atmosphere with friendly neighbors and a relaxed pace. This is why more and more people are making Owasso their home. Owasso maintains a strong sense of community in a hometown environment. Owasso has quickly become a retail haven for northeast Oklahoma. Owasso offers everything from unique specialty shops to large retail stores. Residents can get anything needed without leaving the city limits.
In Owasso you will find a wide variety of restaurants, financial institutions, medical services, churches, child-care facilities and unique shopping. We know you will discover that Owasso is a thriving, vibrant community,
About Margaret Bannochie:
Margaret Bannochie of the Bannochie Team has been a Realtor in the Tulsa area for 25 years. Margaret's team offers superior client service in all aspects of their real estate business.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
