The Macomb County Michigan Real Estate Blog

Shelby Township Michigan real estate residential market report for April 2009

I have prepared a report of the home sales data in Shelby Township Michigan for the month of April  2009.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of April 1, 2009 through April 30, 2009:

Total houses sold:   42

Total condos sold:  12

Average sales price for houses:  $169,009

Average sales price for condos: $78,642


If you would like more detailed information in regards to the market value of your home in Shelby Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Macomb Township Michigan real estate residential market report for April 2009

I have prepared a report of the home sales data in Macomb Township Michigan for the month of April 2009.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of April 1, 2009 through April 30, 2009:

Total homes sold:   78

Total condos sold:  17

Average sales price for homes:  $152,532

Average sales price for condos: $69,678


If you would like more detailed information in regards to the market value of your home in Macomb Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Macomb County Michigan real estate residential market report for April 2009

I have  prepared a report of the home sales data in Macomb County Michigan for the month of April 2009.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of April 1, 2009 through April 30, 2009:

Total homes sold:   733

Total condos sold:  173

Average sales price for homes:  $81,510

Average sales price for condos: $49,766


If you would like more detailed information in regards to the market value of your home in Macomb County Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Fresh data provided by MiRealsource MLS, reports that bank owned real estate sales accounted for a whopping 45% of all real estate sold in Macomb County Michigan in 2008. This compares to only 27% in 2007.

Bank sales in December 2008, accounted for 55% of all sales compared to 37% in 2007. Not surprising is the fact that leases are increasing as well. They make up 11% of all transactions.  As owners struggle to make ends meet, many are resorting to leasing their property. Some are successful, some still end up losing their property to foreclosure.

In 2008 the average sales price declined in Macomb County. The average sales price in December 2008 was $159,295, Compare that to December 2007 when the average sales price was $179,397.

To put these numbers into perspective, in April of 2005, the average sales price was $189,457. Bank sales only accounted for 8% of all sales. Leases were only 3% of all transactions.

So are we at "the bottom"? I believe that if we aren't, we are pretty close. Now is a great time to buy in Macomb County. Property values on average are what they were back in 1995-1996. It is a great time to move into a larger, newer home. Or if your current home is too large, I can assist you in finding a smaller less costly property.

If you would like more detailed information in regards to the market value of your home in Macomb County Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

View the entire report

Macomb Township Michigan real estate residential market report for December 2008

I have prepared a report of the home sales data in Macomb Township Michigan for the month of December 2008.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of December 1, 2008 through December 31, 2008:

Total homes sold:   41

Total condos sold:  17

Average sales price for homes:  $162,331

Average sales price for condos: $73,712


If you would like more detailed information in regards to the market value of your home in Macomb Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Shelby Township Michigan real estate residential market report for December 2008

I have prepared a report of the home sales data in Shelby Township Michigan for the month of December 2008.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of December 1, 2008 through December 31, 2008:

Total houses sold:   42

Total condos sold:  15

Average sales price for houses:  $205,676

Average sales price for condos: $65,883


If you would like more detailed information in regards to the market value of your home in Shelby Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Macomb County Michigan real estate residential market report for November 2008

I have  prepared a report of the home sales data in Macomb County Michigan for the month of November 2008.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of November 1, 2008 through November 30, 2008:

Total homes sold:   653

Total condos sold:  3

Average sales price for homes:  $87,170

Average sales price for condos: $58,560


If you would like more detailed information in regards to the market value of your home in Macomb County Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Macomb Township Michigan real estate residential market report for November 2008

I have prepared a report of the home sales data in Macomb Township Michigan for the month of November 2008.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of November 1, 2008 through November 30, 2008:

Total homes sold:   44

Total condos sold:  10

Average sales price for homes:  $194,035

Average sales price for condos: $101,855


If you would like more detailed information in regards to the market value of your home in Macomb Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com

Shelby Township Michigan real estate residential market report for November 2008

I have prepared a report of the home sales data in Shelby Township Michigan for the month of November 2008.

The information below is gathered from Mirealsource Multiple Listing Service and represents those homes sold by participating real estate brokers and agents and does not include data from private sources.

For the period of November 1, 2008 through November 30, 2008:

Total houses sold:   42

Total condos sold:  14

Average sales price for houses:  $156,972

Average sales price for condos: $79,561


If you would like more detailed information in regards to the market value of your home in Shelby Township Michigan please don't hesitate to contact me either via phone or email.

www.LookForHomes.com