Lake Orion MI, Lake Orion Homes For Sale, Market Report January 2015.
Current market overview for the last 45 days: Sold properties was at 42 / down 24%, average sold price was $211,190.00 / down 9%. The average days on market until sold was 43 / down 18%, homes for sale as of 01/21/2015 is 60 / up 15%.
Pending sales expected to close is 37 / up 14%, there is about a 55 day supply of homes for sale. With these numbers, days on market coming down and pending sales going up, average sale price should start to increase as long as supply stays low.
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Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty