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Recap of February for my Michigan market

By
Real Estate Agent with Real Estate One

 

This is a recap of the February market data that I track for my six township market in Michigan, consisting of Milford, Highland, White Lake, Commerce and Lyon Townships in Oakland County and Brighton Township in Livingston County. I update this data every week on what I call my Market Dashboard on the home page of my main Web site - www.themilfordteam.com. If you go to that site or either of my other two real esatate slea sites - www.movetomilford.com and www.mihomebuyer.com - you can see allof the statistics that I track, as wellas informative charts of the trends that are developing in those markets.

Milford Twp and Village -                    

Homes sold this month -  8                    

% distressed sold this mo - 50                

Homes sold Y-T-D - 18                            

Median sold price - $175,000                  

Ave. Days on Market - 151                      

# active listings - 126                              

Median listed price - $289,900                

 

Highland Township -

Homes sold this month - 14

% distressed sold this mo - 71

Homes sold Y-T-D - 24

Median sold Price - $84,000

Ave. Days on Market - 57

# active listings - 148

Median listed price - $221,000

Commerce Township -                         

Homes sold this month - 37                     

% distressed sold this mo - 65                 

Homes sold Y-T-D - 59                           

Median sold price - $167,900                  

Ave. Days on Market - 157                      

# active listings - 235                              

Median listed price - $239,000                

 

White Lake Township -

Homes sold this month - 24

% distressed sold this mo - 71

Homes sold Y-T-D - 45

Median sold Price - $118.000

Ave. Days on Market - 133

# active listings - 208

Median listed price - $199,999

Brighton Township -                             

Homes sold this month -  13                    

% distressed sold this mo - 62               

Homes sold Y-T-D - 25                           

Median sold price - $134,900                   

Ave. Days on Market - 112                      

# active listings - 188                              

Median listed price - $199,900                 

 

Lyon Twp & South Lyon -

Homes sold this month - 14

% distressed sold this mo - 71

Homes sold Y-T-D - 33

Median sold Price - $ 172,000

Ave. Days on Market - 87

# active listings - 134

Median listed price - $212,000

 

 

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Norm Werner is a full-time, full-service Realtorâ working out of the Milford office of Real Estate One, Michigan's largest and most successful real estate company. To learn more about Norm or the local real estate market in the Milford, Michigan area visit one of his Web sites listed below:

 For buyers and sellers - www.themilfordteam.com

For first-time buyers - www.MIHomeBuyer.com

For people moving to Milford, Michigan - www.MoveToMilford.com

For people in distress with their home - www.MIShortSales.net

 For people interested in the history of Milford Michigan, visit www.milfordhistory.org

Posted by

 

 Norm Werner

Real Estate One

 

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