City of Lapeer, Lapeer County, Michigan 48446
statistics, market conditions, price trends
12/05/2010
3 new listings this week:
* 1023 Pine St, $400 (lease)
* 510 Railroad St, $22,900 (bank owned)
* 282 Mansfield Dr, $114,900 (bank owned)
Reported solds this week:
* 394 S. Elm St, $39,900 (private owned)
* 312 Courtneys Place Est, $69,900 (bank owned)
Market statistics as of 11/28/2010:
* Median single family home price is $123,973
* New listings down 38.8%
* With a market action index at 18.17, currently a buyer's market
* Year to date solds down 3.4%
* Non foreclosure sales down 13.3%
* Foreclosure sales even
* Average property has been on the market for about 211 days
* Median price per square foot for homes is about $81
* There are about 250 properties on the market
Analysis:
* On market inventories continue to decline, foreclosure sales outpaced non foreclosure sales, average
days on market decreases, when comparing 2010 to 2009 sales, important to remember that November
2009 sales hit record level
If living in town appeals to you, then let's talk about how to make that dream a reality in the City of Lapeer. To find out the value of your home or property, questions about real estate or mortgages, contact me direct at 800-628-7356 x 8065 or dhorne@cbshooltz.net TODAY!
references: realcomp, altosresearch.com, donald horne (p)
P.S.
Follow these links for more information on Lapeer and Lapeer County.
City of Lapeer Michigan
Lapeer Michigan
Lapeer Chamber of Commerce
Lapeer County Michigan
Lapeer County Michigan #2
Lapeer County Information
Lapeer County Parks