Lowered inventory resulting in higher median prices in Lapeer and Oakland Counties. Home sales start 3rd quarter strong with solid gains.

* Average days on market for the entire MLS decreased by 12 days, from 88 to 76
lowered inventory resulting in higher median prices in lapeer and oakland counties* Overall, YTD sales are up by 8.6% compared to last year, 10.5% were short sales
* The average sales price for all MLS sales increased 12.5% over last year
* On market inventory declined by 15.1% from July 2011 to July 2012
* Approximately 12.5% of the on market inventory are foreclosures
* 21.3% of the on market inventory are short sales

Combined Residential and Condo Sales

Lapeer County ~ up 47.4% YTD
Oakland County ~ up 7.0% YTD

Combined Residential and Condo Median Sales Price

sold properties and days on marketLapeer County ~ up 8.6% YTD
Oakland County ~ up 20.8% YTD

For detailed information on selling or buying homes in and around Lapeer and Oakland Counties, contact us direct at 810-338-0628 or 248-969-8065 or dhorne@cbshooltz.net TODAY!

 

 

Donald Horne, Team Success Listing
Coldwell Banker Shooltz Realty
Selling Lapeer and Oakland County Real Estate

 

I am an expert in all Oxford homes in the Southeast Michigan area. If you or anyone you know is considering buying or selling homes in the Lapeer / Oakland County area including but not limited to Lapeer MI homes for sale, Metamora MI real estate or Lake Orion MI homes for sale please contact me anytime. I welcome first time home buyers and referrals.

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Contact me by email or visit my website at http://www.donsrealty.net  

 

 
This post has been included in Michigan Real Estate News
Post is included in group: Market Reports

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Donald Horne, Associate Broker Oxford / Lapeer Homes

Oxford, MI

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Coldwell Banker-Shooltz Realty

Address: 110 S. Washington St., Oxford, MI, 48371

Office Phone: (248) 969-8065

Cell Phone: (810) 338-0628

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Donald Horne Realtor on Zillow


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