According to the Preston Report, Edmond home values seem to be holding steady, overall. Total Home Sales were down nearly 5% from 2008 but much of that decrease was seen in the over $500,000 price point. At that price point, there was a 40% decrease in total sales in 2009 from 2008. The good news is, some Edmond neighborhoods averaged exactly the same price/square foot in 2008 as in 2009. Holding steady! The $200-300,000 price point is showing sales improvement after a slump in that range through late 2008 and early 2009.

Contact me for your free copy of the Preston Report: Email me at kay@kaypratt.com.