Village of Oxford, Michigan, Real Estate News, 01/30/2010

By
Real Estate Broker/Owner

Village of Oxford, Michigan 48371

 

3 new listings this week:
26 Center St. / 2 bedroom-1 bath / 875 sq.ft / basement / appliances / $79,000
156 Jordyn Way / 3 bedroom-2.5 bath / 1561 sq.ft / basement / $124,900
14 Lakeville Ct. / 2 bedroom-1 bath / 1100 sq.ft / appliances / basement / $133,900

Reported solds this week:
30 Powell St. / $650 (lease)
805 Woodleigh Way / $152,000 with 3473 sq.ft
700 Lakes Edge Dr. / $329,000 with 4934 sq.ft

The latest figures from Realcomp show our area as new listings down 23.8%, total active listings 196, sold listings up 13.6%, and median sales price down 28% to $139,000.
$8,000 first time home buyer tax credit/extension continues to help fuel sales, available homes priced to sell, decreased inventory fueling sales, foreclosed properties selling at faster pace.

 

Did you know, M-24 is also linked to I-75 with its amazing connections throughout Metro Detroit and the state, placing Oxford at an excellent juncture? 

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Donald Horne

Team Success Listing LLC
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