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Washington Township, MI Real Estate Market Update 12-21-08

By
Real Estate Agent with Rooms Realty

Washington Township Octagon House

 

HOMES for SALE

178 homes are currently on the the market

162 are private sellers

10 of those are short sales

16 are bank owned

28 homes are pending a closing

10 homes have closed in the past 30 days

40% of those were bank owned

 

CONDOS for SALE

51 condos are currently on the the market

47 are private sellers

4 of those are short sales

4 are bank owned

4 condos are pending a closing

0 condos have closed in the past 30 days

0% of those were bank owned

 

As you can see regardless of what you hear from the media homes and condos are still selling. In fact, sales are up from three months ago.

 

Brian Belcher
RE/MAX Executive - Charlotte, NC
Charlotte Realtor

Hey, great post. Thanks for the information about your area.

Dec 21, 2008 12:09 PM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI

The ratio of bank owned versus private owned is getting less and less.  That's a good sign Cindy.

Dec 21, 2008 07:47 PM