Bank-Owned Home Sale Prices in Livingston County, MI for Jan. 1, 2015 to April 30, 2015
Real estate market data for Livingston County, MI provided by Christina Ehli, RE/MAX Platinum, 6870 Grand River Ave, Brighton, MI 48114.
Bank-Owned Home Sales Analysis for Livingston County, Michigan
Please note: This information below does NOT include Brighton, MI 48114 and 48116 which are featured in their own blog post.
In Livingston County, MI (not including Brighton) there were 62 houses and condos that sold from Jan. 1, 2015 to April 30, 2015 that were bank or government owned. This represents almost 11% of the total homes (583) that sold in Livingston County, MI (not including Brighton) during this time period. There were only 12 houses that sold during the first four months of this year that were short sales. We are seeing with rising home prices in Livingston County, MI, less sellers are "underwater" on their homes.
Of the 62 bank-owned sales, 24 were cash sales; 21 were conventional financing, 10 were FHA sales, 5 were Rural Development (RD), 1 was a VA sale and 1 was a FHA 203K sale.
Prices of bank-owned sold homes ranged from a low of $26,100 to a high of $510,000 in Pine Creek Ridge.
Homes ranged in size from 732 sq ft to almost 4000 sq ft.
Average days on market for these bank-owned homes in Livingston County, MI was from a low of 7 days to a high of 365 days.
Currently there are 29 on-market bank-owned houses and condos for sale in Livingston County, MI (not including Brighton) which is subject to change. Prices of active bank-owned homes range from a low of $64,500 to a high of $724,900 in Hidden Lake Estates in Green Oak Twp.
Please see chart below that goes back 3 years for the number of bank-owned home sales in Livingston County, MI. At a high on this chart were 66 bank-owned houses that sold in August 2012 which is almost equivalent to the first four months of 2015 in Livingston County, Michigan (62 sales).
Find Homes for Sale in Livingston County, Michigan
Visit my website to search for homes in Livingston county, MI or to be notified when homes come on the market.
To find out what you home is worth in the current market contact me or call 248.830.6921.
Bank-owned homes as part of this analysis are located in:
- Cohoctah Twp
- Conway Twp
- Fowlerville Village
- Genoa Twp
- Green Oak Twp
- Hamburg Twp
- Handy Twp
- Howell Twp
- Iosco Twp
- Marion Twp
- Oceola Twp
- Pinckney Village
- Putnam Twp
- Tyrone Twp
- Unadilla
All information is deemed reliable but not guaranteed. Information provided courtesty of Realcomp.
Comments(2)