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St. Clair Shores Real Estate Market Report - October 2008

By
Real Estate Agent with Kee Realty

If you would like to know what your St. Clair Shores home is worth in today's market, give me a call to schedule an appointment for a free market analysis (cma). No pressure, no obligation

       

          ST. CLAIR SHORES MARKET REPORT FOR OCTOBER - HOMES sold logo                                                                                                                                                                                                                

  • There were 46 home sales that closed in October
  • The average list price was $107,495
  • The highest list price was $250,000 & the lowest was $44,900
  • The average sale price of those 55 transactions was $101,741
  • The average total days on the market was 160

 

 Of those 46 closed transactions, 21 were bank owned and 1 was canal front.

Homes are still selling in St. Clair Shores!

 

          ST. CLAIR SHORES MARKET REPORT FOR OCTOBER - CONDOMINIUMS 

  • There were 4 condos that closed in October
  • The average list price was $184,975
  • The highest list price was $475,000 & the lowest was $74,900
  • The average sale price was $167,125
  • The average total days on the market was 393

Of the 4 closed sales, 1 was bank owned and 1 was Lakefront.

 

Welcome to St. Clair Shores signThis current buyers market makes it a great time to purchase a home or condo in St. Clair Shores. As of November 3rd, there are currently 625 single family homes for sale ranging in price from as low as $21,000 investor specials to waterfront homes over 1 million. There are many homes to choose from, no matter what your price range, now is the time to take advantage of this market, prices will not remain this low forever. Interest rates are still low and there are some great FHA loans available for those that need a lower down payment.

For more info on the St. Clair Shores Real Estate market, contact Mike Mitchell,REALTOR ®

 

 

If you'd like to start looking for homes and take advantage of this buyers market in S.E. Michigan sign up for a free Listingbook account and search 1,000s of homes.

               

 

 

  Mike Mitchell - REALTOR ®                                                                 
 GMAC The Kee Group
 Direct: (586)291-2652

 http://www.mmhomesearch.com/

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Looking for a Great agent in Macomb County? Let me GOOGLE one for you. 
 

 Mike Mitchell -REALTOR®                                                               
 Real Living Kee Realty 

 

Call / Text: (586) 291-2652

 

 Email Me

 

http://www.mikemitchell.realtor

Search Macomb County MI Homes for Sale   

                             

 Mike Mitchell - Real Living Kee Realty     

                

Comments (3)

Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Mike--Nice marketing report for the St. Clair Shores area! I am certain that home buyers and sellers appreciate your expertise.

Nov 08, 2008 12:09 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Hi Mike, Market reports are good to keep us abreast of what's going on in a given area.  I think they are imperative for sellers and to give us a better perception of just what is going on.  Keep up the great job and take care.

Nov 09, 2008 12:40 AM
Mike Mitchell
Kee Realty - Saint Clair Shores, MI
REALTOR (R)

Teri - Thank you!

Sandy - Thanks also, I appreciate the comments!

Nov 10, 2008 08:51 AM