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
  • Bench found competent, trial to start Monday

    A jury took 50 minutes on Thursday to find Miles Sterling Bench competent to stand trial for first-degree murder  and District Judge Joe Enos scheduled the trial to begin Monday.
    Bench, 23, of, Velma, is accused of the bludgeoning death of 16-year-old Braylee Henry of Velma. She was killed in June 2012 in the Teepee Totem convenience store in Velma where Bench was employed.

    April 18, 2014

  • 4-18 Miller and Decathlon 0016.jpg Miller pumps up decathlon students

    Dr. Ché Miller, who helped bridge a funding gap needed to send the Duncan High School Decathlon Team to the national competition in Hawaii, gave the team a pep talk on Thursday.
    Miller, recently recognized as the Man of the Year by the Duncan Chamber of Commerce and Industry, told the students they are about to embark on a once-in-a-lifetime opportunity and advised them to absorb as much of the experience as they can.

    April 18, 2014 1 Photo

  • Churches prepare for Easter Sunday

    Churches throughout Duncan and Stephens County are preparing to celebrate Easter this Sunday, the day Christians celebrate the ascension of Jesus Christ into heaven.
    Today is known as Good Friday to mark the day Christ was crucified on a cross.

    April 18, 2014

  • 4-18 lauren-ellis mug.jpg Ellis named new CEO of regional United Way

    Lauren Ellis, who’s led the United Way of Stephens County for more than two years, has been named the new chief executive officer of the United Way of Southwest Oklahoma.
    Her new job will be based in Lawton but Ellis said she will remain in Duncan and commute.

    April 18, 2014 1 Photo

  • Jurors to decide Bench competency issue today

    Jurors will hear final arguments on Thursday and then be asked to determine whether  23-year-old Miles Sterling Bench is mentally competent to stand trial for first-degree murder in the bludgeoning death of 16-year-old Braylee Henry nearly two years ago.

    April 17, 2014

  • 4-17 Decathlon Team1 0127.jpg DHS Decathlon Teams prepares

    Not every high school student gets an all-expense paid trip to Hawaii. But that’s exactly what’s happening with the 10 team members of the Duncan High School Decathlon Team.

    April 17, 2014 1 Photo

  • Baseball tourney to be held in Wiles' memory

    The Duncan Middle School baseball team will hold a tournament in memory of the late Alyssa Wiles.

    April 17, 2014

  • Corporon memorial planned for Friday in Marlow

    A candlelight vigil for Dr. William Corporon and his grandson Reat Underwood will be held at Marlow High School at 8 p.m. Friday.

    April 17, 2014

  • Gay recuses himself from Morales trial

    Associate District Judge Dennis Gay on Wednesday disqualified himself from the trial of Dr. Oscar Morales Jr.

    April 17, 2014

  • Psychologists disagree on Bench’s mental competency

    Two psychologists on Tuesday offered differing opinions  about the mental competency of Miles Sterling Bench to stand trial for first-degree murder in the 2012 death of Braylee Henry.
    Bench, dressed in a dark blue suit, sat through a second day of court proceedings that will determine if the case against him goes to trial. The state is seeking the death penalty.

    April 16, 2014