December 2006 Macomb County Michigan Real Estate Statistics
In case you are wondering, there are 6519 residential homes for sale in Macomb County, Michigan.
Presently there are 550 pending listings awaiting a closing date.
Since the first of January 2006 there has been 6211 homes sold in Macomb County Township.
The condominium market is active as well. There are presently 1974 condos for sale.
Just 125 condos are pending.
During 2006, there have been 1429 condominium sales.
The real estate market in Macomb County has experienced an adjustment this year. Homes are taking longer to sell. But if the property is priced correctly, it can still sell. I like to think of this as the balloon deflating and NOT bursting. Macomb County over the past 10-15 years has enjoyed an increase in value nearly every year. 2006, was a correction in runaway increases. We have been affected by the economic conditions of the automakers. Many people are thinking of buying and moving up and into their next larger/newer home in Macomb.
What is the forecast for property sales in Macomb County Michigan you may ask? Well if you ask me, it is a prime time to buy a quality home in Macomb County Michigan! I am a life long Macomb County resident and foresee 2007 as an excellent time to buy! There are many homes to choose from. There are many deals to be had. Buyers can view many homes and condos for sale on my website HomesInMacombForSale
Housing in Macomb County Michigan is affordable and close to many jobs, services, and shopping! Feel free to contact me, David Elya, with your Macomb County Michigan Real Estate questions.
