Special offer

The City of Lapeer Michigan

By
Real Estate Broker/Owner

homes in lapeerThe City of Lapeer, Lapeer County, Michigan 48446
06/26/2010

New Listings:
   2143 Carriage Hill Cir, $999 lease / 3 bedrooms & 2 baths
   405 S. Elm St, $6,000 / 1 bedroom & 1 bath
   914 N. Main St, $35,900 / 4 bedrooms & 2 baths
   36 S. Elm St, $45,000 / 2 bedrooms & 1 bath
   662 Turrill Ave, $54,000 / 3 bedrooms & 1 bath
   303 S. Saginaw St, $69,900 / 3 bedrooms & 1.5 baths
   915 N. Washington St, $85,000 / 3 bedrooms & 1 bath
   137 Millville, $99,900 / 3 bedrooms & 2 baths
   1227 N. Jackson St, $120,000 / 3 bedrooms & 1.5 baths
   1265 N. Saginaw St, $126,900 / 4 bedrooms & 2.5 baths

Solds Reported This Week:
   
343 N. Washington St, $1,050 lease / 4 bedrooms & 2 baths / 2,500 sq.ft
   65 Turrill $24,000 / 2 bedrooms & 1 bath / 922 sq.ft
   1215 Adams St, $32,100 / 3 bedrooms & 1 bath / 1,161 sq.ft
   1275 1st St, $61,200 / 3 bedrooms & 1.5 baths / 936 sq.ft
   87 N. Elm St, $66,000 / 3 bedrooms & 1 bath / 1,112 sq.ft

The median single family home price as of 06/20/2010 for Lapeer is $133,096, (the real estate industry generally uses median price instead of average price because a couple of high end or low end properties in a single zip code or city can skew the average price pretty quickly, using median, or the midpoint, gives a more accurate depiction of local price levels). With a Market Action Index at 15.40, Lapeer is currently a buyer's market, average property has been on the market for about 243 days. Median price per square foot for homes is about $84, with about 266 properties on the market.

references: www.altosresearch.com

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Comments(2)

Olympus Executive Realty Inc.
Olympus Executive Realty INC. - Orlando, FL
Home Of The Top Producers

Thank you for the update in your area!

Good luck on all your future sales!

Jun 26, 2010 04:16 PM
Loan Survivor Real Estate Financing Expert
Purchases, First Time Buyers, Pre-Approvals, Refinance - Birmingham, MI

Great info and explanation!  Clients should be taking notice.

Jun 27, 2010 06:01 AM