Oxford, Oakland County, Michigan 48371
market reports, statistics, real estate trends
01/20/2011
Real Estate Market Today:
* the median price per square foot for homes is about $95 - that's
down 2% from 01/09/2011
* there are about 179 properties on the market as of 01/16/2011
- down 2% or 3 homes
* the median single family home price is $214,919 - that's down
1% from last week
* with a market action index at 17.27, Oxford is currently a buyer's
market
* the average property has been on the market for about 200 days
- no change from 01/09/2011
0 Solds Reported This Week:
5 New Listings Reported:
* 233 Oxford Lake Dr, $1,300 (lease)
* 18 Staton St, $38,900 (bank owned)
* 53 Hovey St, $55,000 (hud owned)
* 233 Oxford Lake Dr, $134,500 (private owned)
* 28 S. Washington St, $850 (lease)
Real estate is governed by the law of cause and effect. Put differently, positive situations cause positive outcomes, and vice versa. For example, a vibrant economic growth leads to a vibrant real estate market and strong appreciation of homes, while loss of jobs and a languishing economy produce exactly the opposite effect. (dirk zeller)
If living in a small town appeals to you, let's talk about how to make that dream a reality in the Village of Oxford. To find out the value of your home, property or business, questions about real estate or mortgages, contact me direct at 248-969-8065 or dhorne@cbshooltz.net TODAY!
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