Home Prices in Harrison Twp MI for March 2014
Real estate market data for Harrison Twp, MI provided by Anthony Stone of Keller Williams Realty.
Harrison Twp Home Prices
The market reveals a steady increase in home prices in Harrison Twp since January 2014. At the end of 2013, prices show a drop in sales price, but it is predicted due to the major holidays. We don't foresee a drop in 2014 as statistics show and believe it will get even better toward the ending of the school year. If you are interested in selling a home in Harrison Twp, it is important to have a good real estate consultant that knows the market. We are selling homes that are on the market in a very short period and have received some offers above asking price. In the graph displayed below, it reveals a steady merger between median listing price and sold price. As these two merge together, there will be a fast shortage of inventory on the market. This will increase prices and create a seller’s market. The median number of days that active listings have been on the market is 47 days. If you are interested in buying homes in Harrison Twp, now is a good time. As we get closer to this sellers market you will see more multiple offers and competition will be greatly increased.
If you would like to see the current inventory of homes for sale in Harrison Twp, you can view that information on my website by clicking on the link. We further discovered that distressed properties and getting very low in the inventory. Distressed properties is being listed as a bank owned (REO) and short sales. Harrison Twp has a 3.5% of distressed properties on the market, which has lesser over the years. This means property that are currently on the market tend to be less of an eye sore. Privately own listings reveal greater home stability and an increase in property value. If you are considering selling your home in Harrison Township, now is a good time and shown by the statistics. It’s always better for a seller to price the home to sell, minimumize the days on the market for maximum seller’s net. This has the potential for bringing more potential buyers and multiple offers. If you are interested in talking about the market and specific strategies in getting it sold, call me at 810-523-9226
Harrison Twp Real Estate Report Summary
The median list price in for single family homes in Harrison Twp is $215,590. The list prices increased by 18.5% from the previous month.
The percentage for distressed properties in Harrison Twp is 3.5%.
The median sale price in March for single family homes is $146,000. The sale prices are increasing into April 2014.
The median number of days active properties have been listed is 47. This is significantly shorter than the national average.
Find Homes for Sale in Harrison Twp MI
Visit my website to search for homes in Harrison Twp or to be notified when Harrison Twp homes come on the market.
To find out what you home is worth in the current market email me or call 810-523-9226.