Summer is flying by! Homes are still selling in the Shores. The average sales price rose aproximately 13% compared to the 1st half of 2011. This is a good sign, let's see if it continues or at least holds steady through August. Bank owned homes continue to be a factor in the market however, with about 34% of the closings in July being banked own.
There were 72 single family homes that closed in the month of July, 2011 in St. Clair Shores. The average sale price was $76,376 and the average list price was $79,689. 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 16
$51,000 - $100,000 46
$101,000 - $150,000 7
$151,000 - $200,000 1
$201,000 - $300,000 1
$301,000 - $400,000 0
$401,000 - $500,000 1
Of the 72 homes that closed:
- 1 was Lakefront
- 1 was Canal Front
- 25 were Bank Owned Foreclosures
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.
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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. Selling prices did not include any sellers concessions. Rental properties were not included in stats.
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Mike Mitchell -REALTOR®
Real Living Kee Realty
Call / Text: (586) 291-2652