MiRealSource - April, 2011 - Market Statistics for Macomb County - Residential
Sold Listings
- 792 Total
- 405 Privately Owned (51.19%)
- 387 Bank/Gov/Other (48.9%)
Average Listing Price (Sold)
- $95,051 Market
- $115,620 Privately Owned
- $69,432 Bank/Gov/Other
Average Sale Price
- $88,606 Market
- $108,320 Privately Owned
- $67,974 Bank/Gov/Other
Average Days-On-Market (D.O.M.)
- 67 Market
- 87 Privately Owned
- 46 Bank/Gov/Other
So, the number of sold properties has gone down since March, but the good news is, the numbers still remain relatively consistent.
The absorption rate sits at about 22 weeks. From February, this number has dropped significantly, and could be a sign of good things to come!
Check back often to stay up-to-date on the latest market statistics!
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