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Oxford Michigan, Real Estate 01/02/2011

By
Real Estate Broker/Owner

statsOxford, Oakland County, Michigan 48371
statistics, trends, market reports

Being a holiday week, the solds and listings were very slim...

0 Solds Reported

1 New Listing This Week:
* 42 Mechanic St, $89,900 (short sale) 4 bedrooms & 2 baths

Real Estate Market As Of 12/26/2010:
* The median single family home price is $216,108 - that's up 1%
   from last week
* With a market action index at 17.42, Oxford is currently a
   buyer's market
* The average property has been on the market for about 196 
   days - up 2% from last week
* Median price per square foot for homes is about $96 - that's down 2%
* There are about 188 properties on the market as of 12/26/2010 - down 2% from last week

Summery:
* With home prices up, days on market up and available properties down, the stats indicate less inventory
   is driving prices up and staying on the market longer would be due to the holiday shopping season.

If living in a small town appeals to you, let's talk about how to make that dream a reality in Oxford. To find out the value of your property, questions about real estate or mortgages, contact me direct at 248-969-8065 or dhorne@cbshooltz.net TODAY!
references: altosresearch, bing
 

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