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It's back because somebody cared...
I recently reinstated a feature on my real estate web sites that I had dropped about a month ago. That feature was the tracking of the home sales in the markets that I cover - the townships (and included Villages or Cities) of Milford, Highland, Commerce, White Lake, Lyon and West Bloomfield in Oakland County;  along with Green Oak, Brighton and Hartland in Livingston County. I had been reporting the weekly sales in most of those locations for 6-7 years. The reported data format changed a bot over that time, but the basic sales data was always there.
 
Now I will admit that this is a somewhat arbitrary report of sales data. I did not report sales under $20,000. Those sale are mainly tear-down or made for he land value alone. I also only reported single family homes; so, condos were not included in the data. During the recent "Great Recession" I added a field to indicate whether the sale was a distressed sale, which was defined as a foreclosure or short sale. I also reported the SEV (State Equalized Value) of the home at the time of the sale and calculated the ratio of SEV to Sales Price.
 
The SEV is a ... more

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