Parks Jones Realtors: Average asking price of around $239,000


Parks Jones Realtors: Average asking price of around $239,000

LAWTON, Okla. (KSWO) - For today's segment, we here at 7News will look at Lawton's housing market, with numbers courtesy of Parks Jones Realtors.

According to those numbers, there are 401 homes currently on the market, with an average asking price of around $239,000.

They've been on the market for 72 days on average and that marks a 25 percent increase from this time last year.

Meanwhile, 1,501 homes have been sold and closed on in the last 12 months, selling for an average of $198,000.

The report shows that 125 properties were sold per month on average compared to last year's 132 per month.

This week's Bankrate Survey showed a drop in mortgage rates, with rates going down to 6.76 percent.

Analysts say all eyes are on the Federal Reserve, which is set to meet next week.

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