Metro Home Prices Continue Climb

By
Real Estate Broker/Owner
https://activerain.com/droplet/4dqb

The latest statistical information from Realcomp on Lapeer, Oakland and surrounding counties have been released. Metro home prices continue climb, rise nearly 34% over February 2013 and average days on market, inventory continue decline.

Analysis.

*  All MLS sales for the month were down 12.3%
*  Average sale price for all MLS sales was up 31.3%, from $80,000 to $105,900
*  Average days on market decreased by 25 days, from 84 to 59 days
*  On market inventory for all MLS areas declined by 10.3%
*  About 4.9% of the on market inventory is properties identified as short sales
*  12.6% of the on market inventory is comprised of properties identified as foreclosures

Summary of Lapeer And Oakland Counties.

*  Lapeer residential and condo sales 0% change, Oakland down 12.2%
*  Average sale price for Lapeer up 41.5%. Oakland up 18.1%
*  Lapeer residential and condo listing inventory up 0.5%, Oakland down 12.0%
home prices climb*  Average days on market 83, Oakland 50 days

For more detailed information on these numbers or to sell / lease your property, please contact us direct at 1-810-338-0628 or email us at donaldhorne.realtor@gmail.com TODAY!

 

 

 

Donald Horne, Team Success Listing  

Associate Broker for Coldwell Banker Shooltz Realty
Featured Co-Host of "Finding New Neighbors" Cable Show

Your Home Will Sell

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Donald Horne

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