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Redford real estate update Michigan

By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239

Real Estate Agent with Real Estate One 6501304423

February 07, 2010 02:14 PM

Here are all the homes that have sold in Redford Michigan in the last year. We have broken them down into price rances. Out of the 1033 sold listings over 800 of them have sold under $50,000. Redford is one of Detroit fringe cities. I would call Redford a blue collar town. Redford is one of America's working towns.

Last year over all the average time on the market was 89 days. Now in the last 30 days it is only 67 days. Homes are moving a little faster. But there are still quite a few deals out there so get out there and start looking.

Redford Real Estate Listings

Range Name	Price Range	Number of Listings	Days on Market

	10000 to 20000	222	74
	20001 to 30000	251	75
	30001 to 40000	202	65
	40001 to 50000	140	87
	50001 to 60000	106	97
	60001 to 70000	93	108
	70001 to 80000	84	131
	80001 to 90000	34	160
	90001 to 100000	19	82
	100001 to 110000	10	146
	110001 to 120000	5	52
	120001 to 130000	3	237
	130001 to 140000	2	187
	140001 to 150000	1	117
	150001 to 160000	2	161
	160001 to 170000	0	0
	170001 to 171000	1	40

For the 1175 listings:	For the 1033 Sold listings:
Average List Price	$44,495.00	Average Sold Price	$41,859.00
Median List Price	$37,900.00	Median Sold Price	$35,000.00
Highest List Price	$181,000.00	Highest Sold Price	$171,000.00
Lowest List Price	$9,000.00	Lowest Sold Price	$10,000.00
List Volume	$52,282,080.00	Sales Volume	$43,240,840.00
Avg. Days On Market	87	Avg. Days On Market	89