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Spring real estate market shows improvements over last year in Southeast Michigan

By
Real Estate Broker/Owner with BROOKVIEW REALTY

Great news just released from Realcomp MLS 

April 2008 Residential and Condo SALES Summary by Area/County

April, 2008    vs.  April, 2007 Percent Change

ALL MLS 4,671 vs. 4,064 14.9% Up

City of Detroit 932 vs. 544 71.3% Up

Livingston 161 vs. 165 2.4% Down

Macomb 650 vs. 494 31.6% Up

Oakland 1,102 vs. 1,003 9.9% Up

St. Clair Area 102 vs. 118 13.6% Down

Wayne 1,774 vs. 1,418 25.1% Up

April 2008 Residential and Condo PENDINGS Summary by Area/County

April, 2008        April, 2007 Percent Change

ALL MLS 6,822 vs. 5,372 27% Up

City of Detroit 1,607 vs. 1,001 60.5% Up

Livingston 212 vs. 177 19.7% Up

Macomb 861 vs. 751 14.7 Up

Oakland 1,659 vs. 1,333 24.5% Up

St. Clair Area 146 vs. 153 4.5% Down

Wayne 2,957 vs. 2,143 38% Up

Highlights Synopsis of Sales (4-08 vs. 4-07)

•    Entire MLS up for fourth straight month, YTD 10.84% up over same time 2007

•    Wayne County and the City of Detroit sales are up for the fourth straight month

•    Macomb and Oakland Counties up 3 out of last 4 months, with March being a tougher month

•    YTD: City of Detroit up 48.22% over last year

Now, cleary is the time to buy a home in Michigan. Contact David Elya if you are interested in purchasing a home this year!

www.LookForHomes.com

Comments(1)

Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hi David,

Good report! Thanks for sharing!

What do your numbers show for the Grosse Pointes?

 

Jun 14, 2008 05:40 PM