December 2024 Housing Market Trends | Median Sale Prices Soar 10.6% Donald Horne, Broker / Owner, Team Success Listing LLC As 2024 came to a close, the housing market showcased a mix of resilience and challenges. December’s statistics revealed notable trends: Closed Sales saw a modest increase of 0.2%, indicating steady activity despite seasonal slowdowns. […]
Realcomp November Market Stats | What Buyers and Sellers Need to Know Donald Horne, Broker / Owner, Team Success Listing LLC Overview of November’s Housing Market Realcomp’s latest report highlights key trends in Michigan’s real estate market for November. The data reveals both challenges and opportunities for buyers and sellers as the market continues to […]
Realcomp Market Update: Home Prices Rise Despite Slower Sales Donald Horne, Broker / Owner, Team Success Listing LLC The latest Realcomp single-family real estate market data highlights some important shifts. The number of closed sales has dropped by 9%, and pending sales have declined by 5%. This dip in both closed and pending sales suggests […]
Realcomp’s July Report Reveals Unexpected Shifts in Real Estate Market Trends Realcomp has released its July sales statistics, offering a glimpse into the current real estate market dynamics. The data shows a mixed bag of trends that could influence both buyers and sellers in the coming months. Closed Sales saw a slight increase, up by […]
Market Insights: Unveiling Realcomp’s June Sales Statistics Realcomp has just released the June sales statistics, shedding light on the latest trends in the housing market. The data indicates a significant shift in market dynamics compared to the same period last year. Closed Sales have experienced a notable decrease of 18%, indicating a slowdown in finalized […]
Some Highlights: The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Anything under a 6-month supply is a seller’s market! Nationally, there has not been a 6-months inventory supply since August […]
Homes for Sale & Sold Report for July 2016 August 17, 2016 Residential Home Sales and Average Sale Prices Still Soaring! Residential Real Estate Rally Continues as Average Sale Price Hits $191,000 Average residential and condo sales are down 5.7%, average residential and condo sale prices are up 6.3%, total number of listings on market […]
Dec 10, 2016 Oakland County: New listings down 9.9% from November 2015 Closed sales up 13.8% Days on market until sold is 21 days Average sale price is $262,000 up 9.6% Inventory of homes for sale down 36.2% Months supply of inventory is 2.7 months Lapeer County: New listings down 44.3% Closed sales up 14.1% […]
Homes for Sale & Sold Report for May 2016 June, 2016 Hello, we hope you had a great May! Residential Home Sales and Average Sale Prices Reach 10 Year Record High! May average sales price increases for the 5th consecutive year. Average residential and condo sales are up 10.9% * Average residential and condo […]
Homes For Sale and Sold Report for April 2016 May 18, 2016 Hello, we hope you had a great April! April Sales Skyrocket! Residential sales soar, average home price reaches 10 year record high. Average days on market was down by 2 days, year to date, from 56 to 54. Lake Orion Report For […]