Here is the latest Oakland County Michigan condo update. If you notice the tables below you will notice the median price for both single family homes and condos in Oakland County have fallen in the last year. But is nice is that the number of sales is up for Oakland County condos.
Sure if you are going to be selling your condo it is a mixed bag of news. The bad news is that prices have not turned, but the good news is that condos are selling better this year.
| Single Family Residence | ||
| Time Period | Number of Sales | Median Sale Price |
| Nov 2009 | 1,048 | $126,000 |
| Nov 2008 | 700 | $132,000 |
| Oct 2009 | 966 | $120,000 |
| Oct 2008 | 1,092 | $145,000 |
| 2009 YTD | 9,948 | $116,000 |
| 2008 | 9,956 | $158,000 |
| Condominium | ||
| Time Period | Number of Sales | Median Sale Price |
| Nov 2009 | 279 | $121,000 |
| Nov 2008 | 185 | $143,500 |
| Oct 2009 | 289 | $125,000 |
| Oct 2008 | 264 | $130,000 |
| 2009 YTD | 2,739 | $115,000 |
| 2008 | 2,035 | $144,986 |
If you are looking to buy an Oakland County condo give me a call on my cell (313) 310-9855 and we'll talk about what you are looking for. This year I seemed to have helped quite a few new young doctors that were starting their residencies at Beaumont, Providence, and Botsford hospitals. It was nice to see young people moving into the Metro Detroit area to start their careers.
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information provided courtesy of Real Comp II Ltd
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