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Chesterfield Township home sales in January 2008

By Kris Wales

Real Estate Agent with Keller Williams Realty - Lakeside Market Center

February 04, 2008 09:27 PM

This past month was a bit slower for home sales in Chesterfield Township
in comparison to the previous January.

In January of 2008 ten homes sold in this Macomb County community,
with the average sales price being $130,273. The good news is that
the average sales price is higher than the average sales price for the
entire county.

Also, the total days on the market dropped considerably this past
January, down to 189 days from the high of 231 in January of 2007.

One of the highlights to me in researching this data was that the total
number of bank owned homes in Chesterfield was only 4 for this period.

Homes are selling in Chesterfield Township MI

If you would like more information about Chesterfield Township home sales or the market value
of your home, please don't hesitate to contact me. I would be happy to do a market analysis
for you in a non-pressured atmosphere.

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Mike Jaquish

Realty Arts - Cary, NC

919-880-2769 Cary, NC, Real Estate

Kris,

Is the average selling price lower because of dominance of a particular price point?

Or is it a recognition of a drop in value across the pricing spectrum?

Feb 04, 2008 10:24 PM

Kris Wales

Keller Williams Realty - Lakeside Market Center - Macomb, MI

Real Estate Blog & Homes for Sale search site, Macomb County MI

Mike, it appears that the lower sales price is due to the fact that a greater percentage of the homes (7 homes) were priced under $175,000. Last year at this time a few more of the homes priced over$175,000 sold which pushed the average sales price higher.

I'm curious to see what next month holds for this area.

Feb 04, 2008 10:28 PM

Diane Aurit

LKN Realty, LLC - Mooresville, NC

Lake Norman Real Estate

Great information for your clients. It is great that you keep track monthly and can notice small changes that may indicate bigger changes in the future.

Feb 05, 2008 05:49 AM

Laura Cerrano

Feng Shui Manhattan Long Island - Locust Valley, NY

Certified Feng Shui Expert, Speaker & Researcher

Kris, This is good information and I hope it helps clients that are reading realize you're an expert in your area.

Feb 05, 2008 08:47 AM

Patricia Kennedy

RLAH@properties - Washington, DC

Home in the Capital

It's interesting, because that's what's we've had going on in DC. And still, I'm in the process of doing a market analysis for some people who bought in 2005, and it's not coming up with numbers I'd like to see! Grrrrrr. It's all so darned local!

Feb 06, 2008 06:53 AM

Thesa Chambers

West + Main - Bend, OR

Principal Broker - Licensed in Oregon

staying in touch with your market gives your clients a better idea of what to expect and makes you the neighborhood expert - nice job

Feb 07, 2008 04:04 PM

Chesterfield Township home sales in January 2008

Comments(6)

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