I think we’re all having a little trouble pinpointing the one thing that is sustaining our real estate market most, whether it be our oil-based industry or our modest home prices, or our overall low cost of living. Whatever the case, the reality is that we’re all benefiting from it. Take a look at the home sales statistics from the OKC metro area for the month of August:

As you can see, all indicators are still good, with both average and median prices increasing, and inventory levels continuing to drop. Looks like Central Oklahoma’s still doubling down on appreciation!

**Based on information provided to and compiled by MLSGateway.com, Inc. covering a period (8/1/07) through (8/31/08). MLSGateway.com, Inc. does not guarantee or is in any way responsible for its accuracy.

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