Farmington Hills Real Estate and Events talk Michigan

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Why buy Northville real estate or Northville relocation part 2

If you have a Northville relocation in your future or thinking of buying Northville real estate you will be surprised to find out that Northville MI only has 9 foreclosures currently.  Metro Detroit home buyers have been snapping up foreclosures because they feel they are competitively priced. 

We may have reached the bottom of the Metro Detroit real estate and Northville real estate market.  I honestly won't make that prediction that the worst is over but right now I am seeing multiple offers on many homes I have been bidding on for clients.

The average market time for these Northville foreclosures is only 69 days.  Late last year we were up to 4 to 6 months average market time.  That has dropped dramatically.

Here are all the Northville foreclosures that have sold in the last 60 days.

RS
ADDRESS LIST PRICE SALE PRICE DOM SQUARE FOOTAGE SP PER SQFT
119 WALNUT ST 39900 38000 55 1035 36.7149
19664 FRY RD 66250 67000 91 1272 52.6729
836 N CENTER ST N 109900 100000 101 932 107.2961
795 GRACE ST 130000 127500 57 1333 95.6489
42431 ROBERTA ST 138533 150000 101 2055 72.9927
46376 7 MILE RD 159900 157300 21 1800 87.3888
344 DEBRA LN 169900 163000 35 1291 126.2587
50052 VENICE CT 200000 211000 147 2455 85.947
378 FAIRBROOK CT 234900 241953 15 2500 96.7812
18417 STONERIDGE CT 379000 310000 9 4800 64.5833
49200 PARKSHORE CT 344900 425000 22 3420 124.269
49633 7 MILE RD 465000 470000 15 4756 98.8225
18845 OVERLOOK TRL 489900 523000 6 4189 124.8507
17865 PARKSHORE DR 604900 650000 14 4360 149.0825
18355 FIDDLERS COVE CT 749900 742000 105 4795 154.7445

What is great that is if you are looking to buy Northville real estate, Northville home prices have gotten a lot more reasonable in the last few years.  The bottom line in my opinion is that Northville is going to be one of Metro Detroit top cities in the years to come.  With a great old time downtown, beautiful historic homes, and a wide variety of home styles many people love to call Northville home.

Russ Ravary your Northville real estate serving Livingston, Wayne, and Oakland County

Comp information courtesty of Real Comp II ltd.  Homes sold above have been sold by various Realtors.

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I am walking in the Tampa 3 day cancer walk in October.  Support cancer research by going to www.the3day.org/goto/marianneravary and donate as much as you can.  My wife got to live 20 years after finding out she had breast cancer due to advances in cancer treatment.  Be part of the team and help me.  I would like to be able to give some other "special lady" (like my wife Marianne) more days on this earth.  If we can give another lady another night to enjoy with friends, an extra week to laugh & hug her kids, an extra month to love her spouse, or an extra year then our money will be going to a good cause.  The grants from the Susan G Komen 3 day walk have been instrumental in cancer research.  Help me give more time to somebody else please donate to the 3day walk.  Thanks 

 

Russ Ravary your Metro Detroit realtor

           

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