Home values in Westbury have eased in the latest rolling three-month view, with the typical home value down about 13% from a year ago to around $203,000, even as the broader Oklahoma City market has seen prices edge slightly higher. At the same time, median list prices in the neighborhood are roughly flat year over year, hinting that sellers are still testing higher price points than recent sales support. This disconnect between asking and selling prices gives buyers more room to negotiate. Yet the market still leans toward sellers, with a seller’s market gauge and limited overall inventory compared with demand.
Inventory and listing activity have expanded notably compared with last year. Active listings are up nearly 59% year over year, and new listings have jumped more than 53%, giving shoppers more options than they had a year ago. Months of supply has climbed to 3.5 months, more than doubling year over year and moving conditions closer to balance.
Homes are taking a bit longer to sell than last year, with median days on market edging up to 15 days in the latest rolling three-month period, but more than half of properties still go off-market within two weeks. Sales volume has grown, with homes sold up roughly 46% from a year ago, and almost 20% of recent sales closed above list price, showing that well-priced homes can still draw strong interest. With Westbury moving toward a more balanced environment but still favoring sellers, both buyers and sellers can benefit from Agent Pronto’s help connecting them with a local agent who understands these shifting dynamics.
