Midtown Tulsa Luxury Homes Market Report Zip 74114, November 28, 2011 – steady movement
Almost forty Tulsa luxury homes (over $500,000) were sold in the midtown area in zip code 74114 to date in 2011 (November 28, 2011). Over seven properties sold for over a million dollars, with an average price per square foot of $180 – although several sold for well over $200/square foot.
The 74114 zip code covers an interesting area of midtown Tulsa – from Riverside to the west, Sheridan to the east; mostly 21st Street to the north (although some areas up to 15th Street are included); and 31st Street to the south. So, that covers everything from Sunset Terrace to Lortondale subdivisions.
There are currently 39 properties for sale over $500,000 in the midtown zip code 74114 area, with seven properties listed over one million and two properties listed over two million. Average list price is $968,710 and average price per square foot is $211.
With the same number active as sold for the year to date, we assume that we have one full year’s inventory of Tulsa luxury homes in this midtown Tulsa neighborhood.
Common amenities found in these midtown Tulsa luxury homes include gourmet kitchens, outdoor kitchens, custom upgrades, larger capacity garages, pools and cabanas, multiple living areas, media rooms, multiple fireplaces, fountain — and one with a putting green.
The most notable midtown Tulsa luxury home for sale in this area is the historic Skelly Mansion, built in 1919 – with over 9,000 square feet of living space and listed on the national registry of historic properties – offered at $2,650,000.
Midtown Tulsa Luxury Homes Market Report Zip 74114, November 28, 2011
The single pending property is a Cotswold style English home built in 1929 that backs up to Philbrook Art Museum, listed at $1,375,000.
This is promising data, whether you are thinking of selling your midtown Tulsa luxury home or are interested in purchasing one. The fact that as many are selling in a year’s time as are listed for sale is extremely encouraging for Sellers, yet there is still a nice selection and bargains to be found by Buyers.
View a comprehensive list of midtown Tulsa luxury homes for sale, and please DO call me to schedule a showing!