Houses for sale in Oxford MI, market update for June 2013.
Real estate for sale / sold, market data for Oxford MI, provided by Donald Horne of Team Success Listing, Associate Broker for Coldwell Banker Shooltz Realty.
The median sale price for homes in the 48371 area over the last 12 months is $149,500
The median mortgage debt is $197,820
Median listing price is $276,040…up 8% from April
Median days on market is 39…down 21%
Total active listings is at 180…up 24% from April
Foreclosures and short sales account for 10.6% of the listings…down 40%
The % of owner occupied properties in the 48371 area is 19.8% above the national average
By comparing these price trends, you will have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records, as they become available, the data is updated.
As the sold prices increase, I think home sellers can be optimistic. With the right price, selling your Oxford home at a fair price is a realistic expectation.
As the listing prices start to level off, and with today’s low interest rate, this is an excellent market for buying a Oxford home with terms favorable to you.
Sample of Homes For Sale:
111 W. Drahner Rd, $134,900 / 1499 sq.ft ranch with 2 car garage
593 Thornehill Trl, $190,000 / 1800 sq.ft colonial with finished basement
804 Inverness Dr, $214,900 / 1588 sq.ft contemp with 3 bedrooms
1002 Chelsea Blvd, $279,900 / 2723 sq.ft colonial with 3 car garage
831 Phillips Dr, $285,720 / 2301 sq.ft split level with no basement
963 Westlake Ave, $319,000 / 2600 sq.ft colonial with 3 car garage
753 Brooks Ln, $375,000 / 3300 sq.ft colonial with 4 bedrooms
126 Conda Ln, $124,900 / 1290 sq.ft condo with finished basement
Sample of Homes Sold:
1765 Lakesview Dr, $65,000 / 5% below asking price, 168 days on market (dom)
4760 Stanton Dr, $129,000 / full price, 131 dom
814 Vivian Ln, $155,000 / 23% over asking price, 6 dom
759 Augusta Blvd, $164,000 / 3% over asking, 2 dom
1844 Chesapeake Ct, $179,900 / full price, 5 days on market (dom)
1232 Poppy Hill St, $230,000 / 8% below asking, 35 dom
301 State St, $234,420 / 1% over asking price, 1 dom
480 Sunset Blvd, $252,000 / 1% over asking, 86 dom
65 Ridge Field Ct, $265,000 / 2% below asking, 5 dom
2950 E. Davison Lake Rd, $325,000 / 31% over asking price, 20 days on market (dom)
1738 Eagle Trl, $443,000 / 12% below asking, 119 dom
1866 Arrowhead Trl, $569,000 / full price, 4 dom
138 Conda Ln, $97,000 / 12% below asking, 16 dom
We Are Selling in Your Area / More Properties Wanted!
To find out what your Oxford home could sell for in this current market, contact us at 248-969-8065 or DonaldHorne.Realtor@gmail.com TODAY!
Visit our website to search for homes in Oxford for free, or to be notified when new homes come on the market.
Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty