A breath of fresh air in the Real Estate Sales market in Southwest Michigan! February results as posted by the Southwest Michigan Association of Realtors reveal that the total volume of sales in the service area rose from $29,357.147 in February of 2007 to $30,275,711 in 2008, for an increase of 3%. The overall Average sale price increased by 9%, from $166,802 to $181,292. Average days on market has risen to 142 days, up from 129.
Although the number of homes sold was less by only 19 homes, this is good news for our area. Any increase is good. And, it's a wonderful time to buy, as there are many good deals available.
Sellers should be looking at how they can make their home one of the best choices within their price range. The best investments to get a return on your dollar are to improve the kitchen and bathrooms, and consider siding or roofing your home.
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