Yorktown is a desirable historic district within the boundaries of midtown Tulsa real estate, and this market report shows that a home purchase in Yorktown is a great investment.
Currently there are only four homes on the market in the Yorktown historical district and one property pending. Twelve properties have closed since the first of the year with the average days on market being very minimal. Two properties were on the market in excess of 200 days, but the majority sold within the first month or two of the listing period.
Average sales price in Yorktown midtown Tulsa real estate in 2011 was $201,933 with homes selling well above $100/square foot and as high as $148 and $214/square foot.
In addition to Yorktown's varied architectural styles, its location is its key attraction. It's walking distance to St. John's Medical Center, Utica Square shopping centre, Cascia Hall Preparatory School, Woodward Park, Swan Lake, groceries, restaurants, the Broken Arrow Expressway and the University of Tulsa.
From the Tulsa Preservation Commission: The Yorktown Neighborhood includes 19 blocks of single family residences. Composed of eight separate additions, the district does not exhibit a single pattern of residential development. The blocks are not the same size, varying in both width and length. Significant construction of residences in the Yorktown district began in 1921 with the Bungalow/Craftsman style making up 69 percent of all houses in the district. Tudor Revival is the second most prevalent style, gaining popularity in the district in the late 1920s. Combined, the Bungalow/Craftsman and Tudor Revival styles constitute ninety percent of the Yorktown residences.
With these home stats, I think it would be safe to assume that a home purchase in the Yorktown Historical District would be a sound investment. There are few midtown Tulsa neighborhoods with less than a three-month inventory of homes for sale.
For an updated market report on your midtown Tulsa neighborhood, please just give me a call: 918-852-5036!
Copyright 2011 Lori Cain All Rights Reserved - Originally Posted at: Midtown Tulsa Real Estate - Lori Cain
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Please visit my web site if you are shopping for Tulsa homes for sale or call 918-852-5036 for more information about Midtown Tulsa Real Estate. In addition to my advanced grasp of the internet to market your Tulsa home for sale, I include a home staging consultation with every listing AND professional photography - at no aditional cost to you!
Lori is a residential Realtor with eXp Realty serving the greater Tulsa area and specializing in downtown Tulsa and midtown Tulsa real estate.