Happy Spring everybody! Here's a peak at the real estate activity in Macomb Township for March. There were 76 closings for single family homes up from 42 last month! Of the 76 closings: 6 were bank owned (REO's) and 3 were short sales.
Stats for March 2014
- The average sale price was $245,995 & the median sale price was $258,950
- The avg. days on the market was 48 & the median days on market was 22
- The average List price was $250,778 & the median List price was $258,950
Currently to date, there are 235 active listings (single family homes) in the multi-list ranging in price from as low as $110,000 to as high as $649,900 with the median list price at $302,900. There are 137 listings under contract or Pending as of 4/14/14.
Looking at the absorbtion rate for the 1st Quarter in Macomb Township there is 4 months supply of inventory on hand which is still a Sellers Market.
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Buyers ...... ready to start searching Macomb Township Homes For Sale? Search like an agent with a FREE Listingbook account. If you have any questions or need to hire a Macomb Township Buyers Agent don't hesitate to contact me!
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*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.
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Mike Mitchell -REALTOR®
Real Living Kee Realty
Call / Text: (586) 291-2652