Monthly Investor Market Update: August 2022
Rental Statistics by Tulsa Metro August 1st-August 31st:
All of Tulsa Metro:
Total Number of Single Family Homes Leased: 125 (up 9.6% from July)
Average Price Per Square Foot: $0.97 (down 4% from July)
Average Days on Market: 24.4days (up 45% from July)
Average Rent Rate: $1672 (down 4.6% from July)
TULSA:
Total Number of Single Family Homes Leased: 54 (down 26% from July)
Average Price Per Square Foot: $0.99/sf (down 5.7% from July)
Average Days on Market: 20 days (up 11% from July)
Average Rent Rate: $1,548.00 (up 2.1% from July)
BROKEN ARROW:
Total Number of Single Family Homes Leased: 52 (up 173% from July)
Average Price Per Square Foot: $1.07 (up 13.8% from July)
Average Days on Market: 13 days (up 8.3% from July)
Average Rent Rate: $1643 (down 10.76% from July)
OWASSO:
Total Number of Single Family Homes Leased: 13 (up 18% from July)
Average Price Per Square Foot: $0.98/sf (down 5.8% from July)
Average Days on Market: 24 days (up 60% from July)
Average Rent Rate: $1875.00 1,578.00 (up 18.8% from July)
JENKS:
Total Number of Single Family Homes Leased: 3 (down 63% from July)
Average Price Per Square Foot: $1.04 0.84 (up 23.8% from July)
Average Days on Market: 25 days (up 92% from July)
Average Rent Rate: $1,525 (down 11.74% from July)
BIXBY:
Total Number of Single Family Homes Leased: 3 (no change from July)
Average Price Per Square Foot: $0.77 (down 35% from July)
Average Days on Market: 40 (up 53.8% from July)
Average Rent Rate: $1770 (down 14.6% from July)
