The latest MLS figures for Oakland and Lapeer counties.
Listing Inventory:
Lapeer - down 20.7% to 679 homes
Oakland - down 22.5% - 9,483 homes
Unit Sales-Foreclosure:
Lapeer - no change
Oakland - down 15.4% to 485 homes
Unit Sales-Non-Foreclosure:
Oakland - down 9.0% - 831 homes
Lapeer - down 7.0% to 53 homes
Total Sales:
Lapeer - down 4.2% to 91 homes Oakland - down 11.4% - 1,316 homes
Median Sales Price-Foreclosure:
Lapeer - up 65.4% - $80,200 Oakland - down 16.3% to $57,100
Median Sales Price-Non-Foreclosure:
Oakland - down 1.4% to $145,000 Lapeer - up 29.5% - $123,000
Average Days on Market:
Lapeer - 107 days Oakland - 106 days
On market inventory continues to decline, the last time inventory was lower than this, December 2005. Average days on market decreases. When comparing 2010 to 2009 sales, it's important to remember that 2009 sales hit record level. Sales for this month are still higher than those from November 04 thru 08.
references: realcomp, bing.com
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