Market Report Snapshot January 1 - September 28, 2011: Terwilleger Heights, midtown Tulsa
There are currently 21 properties for sale in Terwilleger Heights, with the lowest listed at $257,500 and the highest at $1,195,000; lowest price per square foot is $126 and highest is $314.
Two of the three pending properties are listed above a million dollars - one almost 1.5 million - we won't know what they sold for until they are closed.
Of the 18 properties that have sold since the first of the year, prices range from $185,600 to $712,500, with the average being $469,044. Average sales price per square foot of those sold is $145. Of course, this data will drastically change once the 3 pending properties have closed.
Comparison to Market Snapshot September 27, 2010
At this same time last year, the number of homes for sale was 21, so the inventory remains steady. However last year at this same time, only 15 properties had sold and none were pending.
Now, with 18 sold and 3 pending, it appears that the inventory is being absorbed at a higher rate, and that is GOOD NEWS for home sellers in Terwilleger Heights and midtown Tulsa!
Terwilliger Heights boundaries are Peoria to the west; 21st Street to the north, 31st Street to the south and Utica to the east. Its architecture is varied and includes English Tudor bungalows to stately colonial mansions — with an occasional adobe-style mixed in.
Within the boundaries of Terwilliger Heights is the well-known and loved Woodward Park, where graduates and engaged couples have their photos taken and Tulsans come to visit the beautiful rose gardens.
Terwilliger Heights is a magnificent neighborhood in midtown Tulsa with easy access to the Broken Arrow Expressway, minutes away from Saint John’s hospital and walking distance to Utica Square Shopping Centre.
It’s also just a mile away from Tulsa’s River Parks. And, it’s also adjacent to Philbrook Museum of Art, Tulsa Historical Society and the Tulsa Garden Center. Surrounding parks include Swan Lake and Zink Park.
As most midtown neighborhoods, Terwilliger Heights boasts friendly sidewalks, mature trees and unique historic homesthat make midtown Tulsa the little corner of Tulsa where you’ll want to live!
Copyright 2011 Lori Cain All Rights Reserved - Originally Posted at: Midtown Tulsa Real Estate - Lori Cain
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Lori is a residential Realtor with Chinowth & Cohen Realtors serving the greater Tulsa area and specializing in downtown Tulsa and midtown Tulsa real estate.
Terwilleger Heights looks like a charming place to live, it appears the market is trending upward. Thanks for the report.