City of Broken Arrow, OK

09/22/2022 | Press release | Distributed by Public on 09/22/2022 08:48

BA consistently leads metro in new home starts

The City of Broken Arrow continues to lead the metro in the number of new home starts in 2022. New home starts refer to residential construction projects that have already broken ground.

According to statistics provided by New Orders Weekly, the construction reporting service of the Home Builders Association, Broken Arrow had 373 new home starts from the months of January through August.

Bixby was next with 331 home starts, with Jenks at 287, and Tulsa at 286, respectively. Owasso reported 120 new home starts.

"Broken Arrow consistently leads the area in new home starts because we are small enough to know you, large enough to serve you," Community Development Director Larry Curtis said. "At the City, we are investing in our community to make it more accommodating to our residents with bike lanes, walking trails and forward-thinking development. We are the City where opportunity lives!"

New home construction for the area seems to be trending slightly eastward. Of the three counties represented in the report, Wagoner County reported 224, Tulsa County had 211, and Rogers County numbers were at 176 so far this year.

According to real estate broker Redfin.com, in August 2022, the overall prices of new construction and pre-owned homes in Broken Arrow were up 0.6 percent compared to last year, selling for a median price of $252,000, and on the market an average of eight days.