How’s The Market?
As this November 2023 Florence Park Update will show, the real estate market has slowed in 2023. Due to constrained inventory and higher interest rates, about 40 homes will sell in 2023 compared to about 55 in 2022. Sold prices will decrease by 10-15% in 2023. There were many more buyers than available listings in the past year.
Over the past several months, the median sales price for a home in Florence Park was $356,000, about $76,000 more than the Midtown average of $280,000. The average home in Florence Park sells for about 100% of the list price. Homes for sale in the Florence Park neighborhood sell quickly and are on the market for about 30 days from listing to closing.
Stay informed about the latest real estate trends with this November 2023 Florence Park Update. Discover up-to-date property prices and sales activity for this vibrant Tulsa community.
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Florence Park Market Update
Data points show the past 30 days of activity using data from MLS Technology, Inc., the multiple listing service of the Greater Tulsa Association of Realtors®.
Midtown Tulsa, OK
Nestled in the heart of the city, Midtown Tulsa offers a unique blend of history, charm, and modern amenities. Nestled in the heart of Midtown Tulsa, the Florence Park neighborhood beckons with its timeless charm, picturesque streets, and vibrant community spirit. Dating back to the early 20th century, the community has a rich history that can be traced through its historic homes and landmarks.
Midtown stands as a testament to the rich tapestry of diversity that defines the vibrant city of Tulsa. With its eclectic mix of neighborhoods, cultural landmarks, and diverse population, Midtown Tulsa is a microcosm of unity. The fabric of Midtown’s diversity is woven from various threads representing unique cultural heritages, socioeconomic backgrounds, and ways of life. Whatever type of home and neighborhood you prefer, the Midtown Tulsa area welcomes people from all walks of life.
