Mike's Macomb County Real Estate Blog

St. Clair Shores Real Estate Market Report ~ September 2011

 

Positive trends seem to continue in the St. Clair Shores Real Estate Market! Closings were up from last 2 months. Bank foreclosures continue to be a good portion of the sales activity with 32% of the closings from the month of September being Bank Owned Foreclosures.

Currently as of today, October 19, 2011 there are 265 single family homes on the market in the Shores and 34 of those listings are bank owned.

See below for September statistics. Have a Happy and Safe Halloween!

 

St. Clair Shores Real Estate

 There were 98 single family homes that closed in the month of September, 2011 in St. Clair Shores. That's a 9% increase from the month of August which had 89 closings and a 26% increase from the month of July where we saw 72 closings. Seeing a trend here? Let's hope it continues although traditionaly we see a slight slow down around the holidays which are coming upon us fast.

 The average sale price for September was $77,328 up from $71,364. The average List Price was $82,348 up from last months $76,068. All appear to be positive statistics.

Here's a break down of the number of homes sold in the various price ranges to give you an idea.

SOLD PRICE RANGE                  NUMBER OF CLOSINGS

$0 - $50,000                                   34

$51,000 - $100,000                         44

$100,001 - $150,000                       14

$151,000 - $200,000                        3   

$201,000 - $300,000                        1

$301,000 - $400,000                        1 

$500,000 +                                      1       

 

Of the 98 homes that closed: 

  • 4 were Water Front
  • 32 were Bank Owned Foreclosures 
  • 9 were Short Sales  

 

 

If you would like more information on St. Clair Shores Real Estate or the surrounding Macomb County Real Estate Market, give me a call or email and I'd be happy to assist you. Want to know what your St. Clair Shores Home is Worth? Contact me for a free Market Analysis. No pressure, No obligation.

 

To start searching for homes for sale, sign up for a free Listingbook account.

 

More Real Estate Posts:

Top 10 Reasons To Use MY Preferred Lender

Highest and Best! What's That? 

What's an EMD?

I've Already Moved Out of State, Do I have to Come Back for the Closing?

 

 Information deemed to be reliable but not guaranteed. Information taken from MiRealSource multiple listing service. Above sales were sold by agents and/or brokers. These statistics do not include for sale by owners. Selling prices did not include any sellers concessions. Rental properties were not included in stats.

_______________________________________________________________________________________________

 

Looking for a Great agent in Macomb County? Let me GOOGLE one for you. 
 

 Mike Mitchell -REALTOR®                                                               
 Real Living Kee Realty 

 

Call / Text: (586) 291-2652

 

 Email Me

 

http://www.mikemitchell.realtor

Search Macomb County MI Homes for Sale   

                             

 Mike Mitchell - Real Living Kee Realty     

                

Comment balloon 5 commentsMike Mitchell • October 19 2011 11:15AM
St. Clair Shores Real Estate Market Report ~ September 2011
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