The Duncan Banner

Local News

April 26, 2013

Area home sale values up; actual number of homes sold down

DUNCAN —

Realtors in the area are steadily getting busier as the warm summer season approaches with more listings and sales.
May is National Moving Month and an estimated 40 million Americans will be preparing to change their address. Grant Perkins, with Perkins Realty and also president of Duncan Area Association of Realtors, said he expects to continue to see an incline of sales in the county.
“Spring and summer is a busy time for real estate because once the kids are out of school, it’s a bit easier to move,” he said. “I’m really impressed with this year’s upward trend.”
Just last weekend was Nationwide Open House Weekend and several of the realtors participated. Kay’s Real Estate in Duncan had a few homes open to the public for the occasion.
“I think the public enjoyed it and it went really well,” said Sheryl Spradling, owner. “I haven’t determined if anyone got a new client out of it or not yet.”
Though several other areas in the nations had a couple of years of struggle, the Southwestern Oklahoma region stayed fairly steady, a factor Perkins said in 2013 starting out on the right foot. 
Despite numbers through the end of March not reflecting the upward trend Perkins speaks of, he believes with the added sales in April have bumped up current figures.
“Both sales and listings have increased from last year,” he said. “Also, the interest rate has stayed low, which keeps people buying and selling homes.”
Closed unit sales January to March 2013 is 96 compared to 2012’s 106, which is a 9.43 percent decrease. However, average sales price is up this year 1.25 percent to $80,500 from 79,500 last year.
“Fair market value depends on the home but the market value of homes overall have increased again,” Perkins said. 
“A lot of it is that this area was able to stay stable due to Duncan being such an oil driven market, where the oil and gas companies have kept their prices where they need to be and employment has stayed steady.”
Realtors plan to stay busy in the coming months, however, they do throw a little play into all the work. The annual golf tournament will be this summer and the flower auction luncheon is May 8.
“We have these meetings and functions to raise money for scholarships and different organizations,” Perkins said. “We’re looking forward to those.”

1
Text Only
Local News
  • Council votes for cheaper, quicker water fix

    The Duncan City Council on Tuesday voted unanimously to go with a $650,000 fix to its water infrastructure needs.
    The council approved a $43,000 contract with Crafton, Tull, Sparks and Associates to build a 1,000-foot long pipeline that will be capable of putting about 3 million gallons of water per day into Lake Humphreys.

    April 23, 2014

  • 4-23 DHS Band 0042.jpg DHS band wins fifth straight Sweepstakes

    The Duncan High School band received a rare distinction, winning Sweepstakes for the fifth consecutive year.
    Senior Cody Plumley is excited the band won Sweepstakes for its fifth year in a row, making the DHS Band one of the few school bands to do so.

    April 23, 2014 1 Photo

  • Sheriffs: State backing out on prisoner promises

    State efforts to save time and money by shuffling prisoners more swiftly through the system are riling local sheriffs who are losing money because of the efficiency program.
    A change in Department of Corrections practice is landing a “significant hit” on two-thirds of Oklahoma counties, which depend on reimbursements to house state inmates locally, said Ken McNair, executive vice president of the Oklahoma Sheriffs’ Association.

    April 23, 2014

  • McKinney: DOC move will benefit Stephens County jail

    Oklahoma Department of Corrections efforts to move county inmates to DOC prisons has helped the Stephens County Jail dip below capacity.
    But Sheriff Wayne McKinney wonders why it took so long to happen when the county jail was overcrowded for several years.

    April 23, 2014

  • Officer urges volunteers to sign up for mentoring program

    A new in-school mentoring program trying to recruit volunteers got a boost on Tuesday night when Duncan Police Officer Julio Alvarez stepped onto a stage to tell a crowd of 50 spectators that a mentor helped him overcome the trauma of childhood victimization.
    “Go out and spread the word,” Alvarez said, urging people to sign up as mentors through a program that is being developed by The Well Outreach, Inc.

    April 23, 2014

  • 4-23 Assumption 0009.jpg Assumption Catholic to honor Pope John Paul II

    As Pope John Paul II moves toward being named a saint, Assumption Catholic Church will have its own celebration of the former head of the Catholic Church.
    Assumption will have a Divine Mercy Healing Mass at 6 p.m. Sunday to celebrate the canonization of John Paul II. John Paul II was pope from 1978 until his death in 2005.

    April 23, 2014 1 Photo

  • 4-22 Tyee Percival OBIT.jpg Tyee Leon Percival

    April 14, 2009-April 19, 2014

    April 22, 2014 1 Photo

  • City Council to consider airport runway rehabilitation

    A rehabilitation project could be coming to the runway at the Duncan Municipal Airport.

    April 22, 2014

  • High rainfall recorded for Duncan, more expected this week

    Duncan’s rainfall total for 2014 nearly doubled between Sunday night and Monday morning, when the community received 2.06 inches of precipitation.

    April 22, 2014

  • Commissioners discuss Coke, Pepsi for fairgrounds concession

    For the Stephens County Fair & Expo Center, the ultimate battle between Coke and Pepsi will come down to which product will benefit the fairgrounds most.

    April 22, 2014

Poll

Who do you favor for the U.S. Senate seat that Tom Coburn is giving up?

State Rep. T.W. Shannon, R-Lawton
U.S. Rep. James Lankford, R-Edmond
State Sen. Connie Johnson, D-Oklahoma City
Former State Sen. Randy Brogdon, R-Owasso
     View Results
AP Video
Raw: Deadly Bombing in Egypt Raw: What's Inside a Commercial Jet Wheel Well Raw: Obama Arrives in Japan for State Visit Raw: Anti-Obama Activists Fight Manila Police Motels Near Disney Fighting Homeless Problem Michigan Man Sees Thanks to 'bionic Eye' Obama to Oso: We'll Be Here As Long As It Takes Bon Jovi Helps Open Low-income Housing in Philly Pipeline Opponents Protest on National Mall Hagel Gets Preview of New High-tech Projects S.C. Man Apologizes for Naked Walk in Wal-Mart New Country Music Hall of Fame Inductees Named 'Piles' of Bodies in South Sudan Slaughter SCOTUS Hears Tv-over-Internet Case Chief Mate: Crew Told to Escape After Passengers Iowa College Finds Beauty in Bulldogs