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 NOVEMBER - HOMES                                                                                                                                                                                                                 

• There were 30 home sales that closed in November
• The average list price was $98,977
• The highest list price was $155,000 & the lowest was $18,000
• The average sale price of those 30 transactions was $94,278
• The average total days on the market was 187

           Of those 30 closed transactions, 11 were bank owned.

The number of closed transactions was down from previous months, which is typical as we near the holdays, but as you can see homes are still selling in St. Clair Shores!

          ST. CLAIR SHORES MARKET REPORT FOR NOVEMBER - CONDOMINIUMS 

• There were 6 condos that closed in November 
• The average list price was $108,900
• The highest list price was $399,000 & the lowest was $29,800
• The average sale price was $93,150
• The average total days on the market was 112

This current buyers market makes it a great time to purchase a home or condo in St. Clair Shores. As of December 4th, there are currently 606 single family homes for sale ranging in price from as low as $17,500 investor specials to waterfront homes just under 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 the mls on your own personal website! Absolutely FREE!

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

 http://www.mmhomesearch.com/