Lake Orion, Oakland County, Michigan 48360
statistics, real estate trends, market reports
…Orion, already well established, was platted and chartered in 1859. In 1862, a fire ravaged Orion, destroying everything. Despite this, the town was rebuilt. The railroad that was built in Orion paved the way to mass development in 1872…
Price trends: median single family home price as of 03/11/11 for Lake Orion is $141,686 – that’s down 10% from 01/02/11
Market conditions: market action index is at 18.29, making this a buyers market
Sales trends: average property in Lake Orion has been on the market for about 192 days – no change from last report on 01/06/11
Price per square foot: median price per square foot for homes is about $100 – up 12% from last report
Homes for sale: about 165 properties are on the market as of 03/06/11 – down 10% or 18 properties
Given these conditions and today’s low interest rate, this is an excellent market for buying a Lake Orion home with terms favorable to you. Don’t wait another moment to have the affordable home of your dreams, call me NOW at 248-969-8065.
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references: altosresearch, donsrealty.net