As part of our weekly market update, please find the weekly Kinder Team Report - Lawton Total Market Overview. We publish this data weekly to provide detailed insight into the inner workings and trends for the real estate marketplace in the Lawton area.
Arts for All Festival starts today in downtown Lawton.
Lawton's 34th annual Arts for All Festival officially begins today in Shepler Park between 4th and 5th Streets on the south side of Gore Boulevard. Southwest Oklahoma's largest and most popular festival continues Saturday and ends Sunday.
The food vendors open their stalls at noon today in Shepler, but the show really gets underway at 5pm and closing at 8pm. The festival will run 10am to 8pm Saturday and 11am to 5pm Sunday. Try and get out to enjoy the entertainment and great food!
Go Outside The Box This Sunday
A study was done across Lawton that showed that over 40% of 4th graders are on the verge of becoming over-weight or obese.
The Lawton Fort Sill YMCA is trying to do something about this growing problem by expanding their facilities to meet the needs of the community.
Carl Rankin with the YMCA and his staff are working on exciting new plans to accommodate the 1,100 clients he has and hoping to build on that number in the future.
Jay and Carl will discuss the plans that will affect all ages:
Expansion on space will allow for more kid-friendly excitement, entertainment, and exercise;
A teen center will supply that age group with much needed resources; and
How families should take advantage of all the activities coming up during the expansion period!
Catch Outside The Box with Jay Kinder every Sunday morning at 9:00 am only on KLAW 101.3.
The Kinder Team Report - Lawton Total Market Overview Report Definitions
Active Listings: Active listings in Paragon (MLS).
Pendings: Listings which have received an acceptable offer from a buyer and are on the way to closing.
Pending Ratio: Pendings / Active Listings (by price range)
Expired Listings: Listings which have been ‘rejected by the market' in the past six months. This is a rolling six-month (we calculate by going back 180 days from the date of the report) set of listings which were listed for sale and ‘rejected' by the market and the sellers decided to pull or withdraw them and take them off the market.
Closings: These are homes which were listed for sale, received an offer and closed with a new buyer. This is a six-month rolling total (180 days back) of all homes sold.
Sold/Mo: Number of houses sold over a six months (180 day period) / 6
Months Inventory: Active Listings divided by Sold/Month. Note: Although many months of listings show for any price range, the average days on the market is normally significantly lower. This is due to the fact that there are normally a substantial amount of homes that are mis-priced or grossly overpriced. Days on Market is driven by the homes that actually sell vs. Months of Inventory.
Average List / Sold Price: These are the averages for all homes that have sold in the past 180 days. MLS Data calculated for the average list and sales price for every home sold in the respective price range.
List to Sales Ratio: Average List Price / Average Sales Price
Days on Mkt.: Average days the homes in the price range that sold over the 180 day period.
