MiRealSource - Q1 - Market Statistics for Macomb County - Residential
Sold Listings
- 1650 Total
- 807 Privately Owned (48.9%)
- 843 Bank/Gov/Other (51.1%)
Average Listing Price (Sold)
- $95,310 Market
- $123,671 Privately Owned
- $68,160 Bank/Gov/Other
Average Sale Price
- $90,074 Market
- $115,431 Privately Owned
- $65,800 Bank/Gov/Other
Average Days-On-Market (D.O.M.)
- 68 Market
- 93 Privately Owned
- 45 Bank/Gov/Other
Note how there is a slighly higher percentage of Bank/Gov/Other properties sold for this Quarter
As it stands, the Market has remained relatively consistent for the First Quarter, 2011. As compared to the Fourth Quarter, 2010, there is a HIGHER volume of properties sold, with an increase in the Average Sale Price for Privately-owned homes! Could this be a sign of positive trends?
As always, stay tuned for next month!
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