My First Quarter 2016 Real Estate Market Analysis is now complete.

I will post the updated detailed analysis at my SlideShare account (www.SlideShare.net/JeffSavage01 ).

To briefly REVIEW the First Quarter 2016 results, let me give you a few quick insights:

TOTAL Dollars Spent on Real Estate is UP 21.7% from first quarter last year (2015)

TOTAL Dollars Spent on Real Estate is now just over $32.6 Million

TOTAL number of PROPERTIES of all types sold is UP 13.8%

Dollars spent on HOMES is UP 29.1%

Number of HOMES sold is UP 7.9%

Dollars spent on WATERFRONT HOMES is UP 37.8%

Dollars spent on LUXURY HOMES ($500,000+) is UP 110.5%

Number of LUXURY HOMES sold is UP 50%

Dollars spent on WATERFRONT LOTS is DOWN 7.9%

Dollars spent on FARMS is DOWN 70.1%

Conventional Financing is UP 18.1%

Conventional Financing LOANS is DOWN 12.3%

Cash Financing is UP 48.9%

Dollars spent on South Counties Real Estate is UP 17.2% to $8.9 Million

Dollars spent on Grove Area Real Estate is UP 42.5% to $19.3 Million

If you would like a one page recap showing about 20 categories broken down to SOLD $s, # SOLD, Average Price and %age of

market, let me know and I will send it to you.

Based on information from the Northeast Oklahoma Board of Realtors® for the period January 1, 2016 through March 31, 2016.

Thanks to all of my buyers, sellers and friends, 2016 is off to another great start in real estate. I couldn’t have done it without you!

Through March 31, 2016, I have achieved over 40% of my 2016 stretch goal.

See me for your Real Estate needs.

2016Statistical Market Analysis

First Quarter

Property Type SOLD Dollars # Sold Avg Price%-ageTotal

SOLD DollarsDifference

2016-vs-15

%-ageChange $

2016-vs-15

DifferenceNum Sold

2016-vs-15

%-ageChange #

2016-vs-15

COMBINED $32,644,304 215 $151,834 100.0% $5,816,510 21.7% 26 13.8%

Residential $27,003,354 164 $164,655 82.7% $6,083,860 29.1% 12 7.9%

Residential - WF $12,639,900 33 $383,027 38.7% $3,469,850 37.8% -3 -8.3%

Residential - NWF $14,363,454 131 $109,645 44.0% $2,614,010 22.2% 15 12.9%

Residential - Luxury $7,714,500 9 $857,167 23.6% $4,049,500 110.5% 3 50.0%

Land & Lots $2,059,250 28 $73,545 6.3% $795,050 62.9% 7 33.3%

Land & Lots - WF $479,500 4 $119,875 1.5% -$41,000 -7.9% -1 -20.0%

Condos $1,754,999 7 $250,714 5.4% $1,547,249 744.8% 4 133.3%

Farm & Ranch $956,700 8 $119,588 2.9% -$2,239,300 -70.1% -1 -11.1%

Commercial/Industrial $2,111,500 11 $191,955 6.5% $663,400 45.8% 4 57.1%

FINANCING - Residential $27,003,354 164 $164,655 100.0% $6,083,860 29.1% 12 7.9%

CONV-Res $12,292,325 57 $215,655 45.5% $1,885,971 18.1% -8 -12.3%

CASH-Res $11,376,929 76 $149,696 42.1% $3,738,306 48.9% 14 22.6%

OTHER-Res $1,096,500 12 $91,375 4.1% $357,703 48.4% 2 20.0%

FHA-Res $1,181,800 11 $107,436 4.4% -$269,800 -18.6% 1 10.0%

VA-Res $1,055,800 8 $131,975 3.9% $371,680 54.3% 3 0.0%

Grove Area $19,255,074 103 $186,942 59.0% $5,747,229 42.5% 8 8.4%

South Counties $8,908,150 55 $161,966 27.3% $1,309,156 17.2% 15 37.5%

Comparison-2016-vs-2015-First Quarter.xlsx 1 4/8/2016