Farmington Hills Real Estate and Events talk Michigan

head_left_image

Farmington Hills Real estate update

Here is what is happening in Farmington Hills real estate in the last six months.  If you notice Farmington Hills homes are still taking about 4 months to sell.  And if you look at the table below you will also notice most of the homes that are selling are selling are under the $210,000 price point.  

 

Farmington Hills Price Statistics Legend
Range Name Price Range Number of Listings Days on Market
       
R1 10000 to 60000 42 97
R2 60001 to 110000 61 112
R3 110001 to 160000 94 124
R4 160001 to 210000 83 124
R5 210001 to 260000 51 124
R6 260001 to 310000 25 142
R7 310001 to 360000 4 67
R8 360001 to 410000 4 394
R9 410001 to 460000 1 47
R10 460001 to 510000 2 94
R11 510001 to 560000 1 182
R12 560001 to 610000 0 0
R13 610001 to 660000 0 0
R14 660001 to 670000 1 189
For the 369 listings: For the 369 Sold listings:
Average List Price $169,925.00 Average Sold Price $161,686.00
Median List Price $165,000.00 Median Sold Price $156,500.00
Highest List Price $659,000.00 Highest Sold Price $670,000.00
Lowest List Price $12,900.00 Lowest Sold Price $12,000.00
List Volume $62,702,480.00 Sales Volume $59,662,130.00
Avg. Days On Market 122 Avg. Days On Market 123

There are still lots of great deals out there and many beautiful Farmington Hills home that still are hitting the market.  When you are ready to start looking feel free to call or email me to help you find the homes of your dreams.

 

Information provided courtesy of RealComp II LTD

__________________________________________________________

My Month of December quote:

““The fear of death follows from the fear of life.
A man who lives fully is prepared to die at any time.”

~ Mark Twain”

                                              

Russ Ravary

"helping make your move easier"

your local Metro Detroit Realtor helping clients like you sell and buy homes through out the entire Metro Detroit suburbs.   I love showing and selling Oakland County and Livingston County Lake front homes too.

           

 

2 comments • Russ Ravary - Metro Detroit homes - Michigan Real estate & Mortgage info • February 12 2010 10:29AM

Comments

Russ as agents we need always keep word out regarding number of homes SOLD in areas great blog

Hope you enjoyed your weekend and wonderful Val. Day.Dallas Apartment Locator, Lynn911.com, Dallas Aparment Finder, Dallas Apartments for Rent, Dallas Apartment Rentals

Posted by Lynn911.com ~ Dallas Real Estate Agent Top Team (Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com ) almost 2 years ago

Russ, the numbers from $210k to $310k still look pretty good for sales and DOM, then they fall off a cliff.  Why did you pick the $210k limit?

Posted by Loan Survivor Real Estate Financing Expert (Purchases, First Time Buyers, Pre-Approvals, Refinance) almost 2 years ago

This blog does not allow anonymous comments