*All information in this post is as of late August 2025. The real estate market changes quickly, so if you have questions talk to your agent or call us. We’re happy to help!

There are a lot of questions about what’s happening in the real estate market in 2025. Honestly, it’s been an interesting year. But we’ve been digging into the numbers to see what’s really going on.

Is the market crashing? Is it stable? Is it growing? Here’s what we’ve found.

Is the Market Crashing?

No, the market is NOT crashing (based on August 2025 data). However, it is much different today and it was in previous years. If you are someone who is planning to sell a home in Oklahoma you do need to be paying attention, because ignoring current trends could cost you time and/or money.

Supply is outpacing demand.

In 2025, the market in Oklahoma has been stable compared to historical data, with some peaks in the summer and valleys early in the year.

Inventory is Rising

As of late August, there were over 8,400 homes on the market in the greater Oklahoma City metro area. How does that compare to prior years? Well, in 2024 at the same time there were about 5,800 homes on the market. Compare that to February of 2022, when there were just about 2,100 homes listed — an all time low.

Back to today, Oklahoma City currently has the highest level of inventory on the market since before 2012, and the number continues to climb. In recent weeks, there have been about 700 homes going on the market each week, with 500-600 homes selling each week.

Supply is outpacing demand.

Buyer Demand Is There — But It’s Different

The good news is buyers are still active. In July 2025, 2,300 homes closed. That is right in line with typical trends for this time of year. It’s also consistent with what we’ve seen over the past decade.

So, while the market is not dead, it has shifted. Buyer demand is diluted.

With so many homes to choose from, buyers are being more selective. They can afford to take their time, weigh their options, and walk away if something doesn’t feel right.

Price Reductions Are Common

A couple of weeks ago, 925 sellers dropped their prices. That’s a direct reflection of a competitive market where buyers have leverage.

It’s not just about pricing. We’re also seeing more deals fall apart.

In fact, 1 in 4 pending contracts is failing to close. The most common reasons? Repair negotiations, financing issues, and even rising insurance costs. With so many choices available, buyers no longer feel the pressure to “make it work” — they just move on.

What Does This Mean For Sellers?

The market is not bad, it’s just competitive. There is high inventory and steady demand.

Homes are still selling every day. There are even homes getting multiple offers. However, homes that are strategically positioned are selling faster.

If you’re thinking about selling, here’s what you need to keep in mind:

  • Price competitively. Base your list price on current competition, not past sales. The market is shifting quickly and what something sold for a year or even six months ago is likely no longer a valid comparison.
  • Stand out. Highlight what makes your home unique. What can a buyer get from your home that they can’t find anywhere else?
  • Work with the right agent. You need someone who is watching the data daily and ready to adapt your strategy in real time.

Our job as agents is to help you navigate the market. If you’re thinking about selling, let’s talk. At Seda Real Estate Group we will always tell you the truth — even if it’s hard.

If you have questions about the data discussed here or the current market, reach out. We’d love to chat. You can call us at 405-400-9973.

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