Market Report for Real Estate Contains Many Values

By
Education & Training with Coldwell Banker Hubbell Briarwood

The 4th Quarter 2010 Greater Lansing Real Estate Market Report was released today by Coldwell Banker Hubbell BriarWood. This report is a 14 page comprehensive report that details many factors in todays real estate market including values, market times, pricing and much more. Here are a few highlights:

  • Unit residential sales decreased 27% compared to 2009 4th quarter.
  • Volume of sold values decreased by 29.51%
  • Average home values decreased 3.05% and the Median values increased 3.40%
  • Available listings remained stable
  • Active listings had a 30% average inflated asking price, while listings sold
  • averaged only 5.68% higher list price than sold price.
  • Regional Lansing’s Labor Force decreased 2.12% compared to November 2009 and Michigan Labor Force also decreased 1.75% during the same period.

Download Complete Report Here

 

 

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