Home sales in Macomb County MI - Comparing this past September with previous years

Hi Kris,

Good comparable sales information to give out. We just sent out our quarterly statistical report comparing third quarter of 200 and 2009 to our market area. Will be posting our community information on AR this week. Thanks for sharing your information. Isn't it amazing the increase in number of homes from 9/27 to 9/09 is up 60%! Getting rid of the inventory will help!

Kris,

Looks like good news and bad news in the numbers. Prices have to start going up again when the inventory shrinks like that.

Rich

The sales are picking up which is good. Of course I think they are spurred onward by the great prices. I think you have given me an idea for a post! Thanks.

Kris, I'm glad to hear the homes are selling and hopefully prices will start going back up--looks to me like things are changing.

Good morning, Kris.  Thanks for compiling and sharing those statistics.  Although the sales prices are lower, it's good to see that the number of homes being sold is increasing!

Wow that is a huge increase. I think it is the fact that more buyers are taking advantage of the prices.

Huge....Yea....get rid of that inventory.

Less inventory means home prices will start to come back up.

2 out of three good number now we need to get the average sales price up and the competition may just do that over time.

Macomb is not as bad as us with the price declines and that is a little silver lining in the cloud!  We have the same supply/demand issue here with the amount of listings lower and the units sold higher!  It's all a challenge :)