Lake Orion homes for sale, search real estate in Lake Orion Michigan.
Real estate market data for November 2013 in Lake Orion MI, provided by Donald Horne, Team Success Listing, Coldwell Banker Shooltz Realty.
Year to date summary:
The median mortgage debt is $180,463
Median listing price $349,950
Median days on market 56
Active listings 32
3.1% of listings are foreclosures or short sales
The median sale price for homes in Lake Orion over the last 12 months is $125,597
The median number of days active properties have been listed is significantly shorter than the national average
64.1% is private owned property
25.4% is rented property and 10.5% is vacant
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area. High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Sample of homes for sale in the last 31 days:
3560 Grafton St, 3 bedroom ranch with 1376 sq.ft / $124,900
3438 Ashley Dr, 5 bedroom colonial with finished walk out / $214,900
3710 Hidden Forest Dr, 4 bedroom colonial with 2 car garage / $285,000
4988 Ventura Dr, 4 bedroom split level with 2400 sq.ft / $324,775
Sample of homes sold in the last 31 days:
1780 Hopefield Dr, 1136 sq.ft ranch, *PENDING*
2707 Calais Dr, 1516 sq.ft colonial, $181,000 / 1% over asking
3099 Waldon Park Dr, 1947 sq.ft colonial, *PENDING*
3675 Green Meadow Ln, 2425 sq.ft colonial, $275,000 / 2% discount
3651 Green Meadow Ln, 2568 sq.ft colonial, *PENDING*
3721 Rolling Hills Rd, 2688 sq.ft colonial, *PENDING*
2967 Hidden Timber Dr, 3160 sq.ft contemp, *PENDING*
143 Greenan St, 3295 sq.ft colonial, *PENDING*
Month to date summary:
Total listing in the last 31 days: 20
Average list price: $259,157
Average days on market: 35.6 days
For a free market analysis of your Lake Orion home.
For more detailed information on how we can sell or lease your Lake Orion home quickly, contact us direct at 810-338-0628 or donaldhorne.realtor@gmail.com TODAY!
Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty
“real estate – mortgage – property management”