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Monthly Investor Market Update: July 2022

Monthly Investor Market Update: July 2022

Rental Statistics by Tulsa Metro July 1-July 31st:


All of Tulsa Metro:

Total Number of Single Family Homes Leased: 114 (down 14.9% from June)

Average Price Per Square Foot: $1.01/sf (down 1.9% from June)

Average Days on Market: 16.8 days (down 3.7% from June)

Average Rent Rate: $1,753.60 (down 3% from June)


TULSA:

Total Number of Single Family Homes Leased: 73 (up 38% from June)

Average Price Per Square Foot: $1.05/sf (up 6% from June)

Average Days on Market: 18 days (down 10% from June)

Average Rent Rate: $1,548.00 (down 3.3% from June)


BROKEN ARROW:

Total Number of Single Family Homes Leased: 19 (down 57% from June)

Average Price Per Square Foot: $0.94/sf (down 6.9% from June)

Average Days on Market: 12 days (down 7.7% from June)

Average Rent Rate: $1,841.00 (up 6.17% from June)


 
OWASSO:

Total Number of Single Family Homes Leased:  11 (down 58% from June)

Average Price Per Square Foot: $1.04/sf (down >1% from June)

Average Days on Market: 15 days (down 21% from June)

Average Rent Rate: $1,578.00 (down 14% from June)


JENKS:

Total Number of Single Family Homes Leased: 8 (up 60% from June)

Average Price Per Square Foot: $0.84 (down 18.5% from June)

Average Days on Market: 13 days (down 35% from June)

Average Rent Rate: $1,728.00 (up 18.6% from June)


BIXBY:

Total Number of Single Family Homes Leased: 3 (down 50% from June)

Average Price Per Square Foot: $1.19 1.06 (up 12.3% from June)

Average Days on Market: 26 (up 189% from June)

Average Rent Rate: $2,073.00 (down 3.4% from June)