Oxford homes, market update for August 2013, Oxford MI 48371
Real estate market data for the Oxford area, provided by Donald Horne, Associate Broker for Coldwell Banker Shooltz Realty.
Statistics for single family homes and condos over the last 12 months:
* the median mortgage debt is $190,657.00
* median listing price $298,880.00
* median days on market 58, this is significantly shorter than the national average
* total active listings 152
* foreclosures and short sales are 5.3% of total listings
* the percent of unoccupied properties is very low in Oxford, 9.0% below the national average
* percent of owner occupied properties in Oxford is 13.9% above the national average
* the median sale price for homes is $168,000.00
By comparing these price trends, you'll have a good idea of where the market is heading. The listing and sold property prices are calculated based on the market activity each 30 days.
Sample of homes for sale:
3380 Ludwig Rd, 3 bedrooms, unfinished basement and 1 car garage, asking $79,000
301 Ora Rd, 3 bedrooms, no basement or garage, asking $169,900
1287 Oakmont Dr, 3 bedrooms, finished basement and 2 car garage, asking $215,000
2553 Elk View Dr, 3 bedroom colonial, finished basement and 3 car garage, 1.2 acres
120 State St, 4 bedrooms, walkout basement and 2 car garage, asking $309,900
1651 S. Coats Rd, 3 bedrooms, unfinished basement and 2 car garage, 8.2 acres
985 S. Baldwin Rd, 4 bedrooms, walkout basement and 3.2 acres, asking $599,999
203 Stony Lake Dr, 3 bedroom condo, walkout basement and 2 car garage, $284,900
Sample of homes sold:
501 E. Lakeville Rd, 861 sq.ft ranch with 2 bedrooms, $33,000 / 18% under asking
191 Teelin St, 1019 sq.ft ranch with 3 bedrooms, $105,000 / 5% under asking
184 Minnetonka Dr, 1160 sq.ft ranch with 3 bedrooms, $150,000 / 7% under asking
1418 Johns St, 1437 sq.ft cape cod with basement and garage, $172,000 / 2% under asking
256 Davis Lake Dr, 1700 sq.ft split level with 4 bedrooms, $190,000 / 1% over asking
1223 Fountain View Ln, 1825 sq,ft colonial with 3 bedrooms, $209,900 / full price
657 Highland Dr, 1902 sq.ft ranch with 4 bedrooms, $224,900 / full price
893 Townsend St, 2154 sq.ft split level with basement and garage, $263,900 / full price
322 Franklin Lake Cir, 2550 sq.ft colonial with 4 bedrooms, $305,000 / 2% under asking
870 Golf Villa St, 1816 sq.ft condo with 3 bedrooms, $216,500 / 2% under asking
30 day summary:
on market listings, 15 / average list price, $322,020 / average dom, 9.9
sold listings, 17 / average sold price, $183,424 / average dom, 41.5
Search for homes in the Oxford area
For more detailed information on real estate ~ mortgages ~ property management, please contact us at 248-969-8065.
If you have been thinking about selling your Oxford area home, please contact us for a free, no obligation, market analysis at 810-338-0628 or donaldhorne.realtor@gmail.com TODAY!
Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty
Read Donald's Blog Here
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