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Shelby Township, MI Real Estate Market Update 12-21-08

By
Real Estate Agent with Rooms Realty

Shelby Township, Mi City Park

 

HOMES for SALE

443 homes are currently on the the market

401 are private sellers

44 of those are short sales

42 are bank owned

64 homes are pending a closing

45 homes have closed in the past 30 days

67% of those were bank owned

 

CONDOS for SALE

178 condos are currently on the the market

150 are private sellers

8 of those are short sales

28 are bank owned

18 condos are pending a closing

9 condos have closed in the past 30 days

44% of those were bank owned

 

As you can see regardless of what you hear from the media homes and condos are still selling. In fact, sales are up from three months ago.

 

Brian Belcher
RE/MAX Executive - Charlotte, NC
Charlotte Realtor

Hey, great post. Thanks for the information about your area.

Dec 21, 2008 12:12 PM