Lapeer Real Estate, Condos For Sale With 2+ Bedrooms in And Around Lapeer Michigan.
Real Estate Market Overview.
Average sale price for homes and condos over the last 12 months is $91,500
Average mortgage debt is $128,705
Listing price is $147,200
Days on market is 85, significantly shorter than the national average
Total active listings is 166
7.8% of these listings are foreclosures and short sales
The number of active listings in the Lapeer area dropped by 10.4% from the previous month
Owned homes 69.0%, rented homes 21.0% and vacant homes 10.0%
A high percentage of ownership can indicate an area where people like to live and have stable property prices
Average age of homeowner is 41, 37% are married, there is 11,605 homes and 11 schools
Sample of New Listings And Solds in And Around Lapeer.
Village West Dr, asking $57,000 with 2 bedrooms, 1238 sq.ft and no garage
“great end unit with huge deck”
Rolling Hills Ln, asking $160,000 with 2 bedrooms and 1239 sq.ft, 2 car garage
“beautiful updated condo”
Village West Dr, sold for $52,000 in 75 days, 4 bedrooms and 1710 sq.ft, no garage
Wedgewood Dr, sold for $113,000 in 231 days with 3 bedrooms, 1100 sq.ft and 2 car garage
Wedgewood Dr, sold for $132,500 in 23 days, 3 bedrooms with 1100 sq.ft and 2 car garage
Devonshire St, sold in 51 days for $220,000 with 3 bedrooms and 1442 sq.ft, 2 car garage
Total average asking price is $108,500
Total average sold price is $96,477
Total average square footage is 1,293
Total average sold dollar per square foot is $74.62
If you are going to sell your condo in the next 1-6 months, what you do right now to prepare for the sale could make a difference of thousands of dollars. “When homes are priced right, given the right amount of exposure, all parties working together, there is no reason not to expect success”.
Now you can get a Free Market Activity Report of condos for sale and sold in your neighborhood in the last 12 months – so you have a good idea of what condos like yours are selling for.