New solds this week:
525 N. Monroe St, $450 (lease), 1 bed & 1 bath, 523 days on market
2143 Carriage Hill Cir, $950 (lease), 3 beds & 2 baths, 2 dom
520 N. Monroe St, $26,800 (hud), 3 beds & 2 baths, 17 dom
335 Oriole St, $40,000 (private), 1 bed & 2 baths, 161 dom
1232 N. Saginaw St, $54,900 (private), 3 beds & 1 bath, 204 dom
839 Saint Clair St, $74,000 (bank), 3 beds & 2 baths, 56 dom
205 Parkway St, $90,000 (private), 3 beds & 1.1 baths, 106 dom
New listings this week:
745 N. Madison St, $119,900 (private), 3 beds & 2.1 baths, 1750 sq.ft
Summary: year to date 09/16/2011
Market conditions, with a market action index at 16.12, Lapeer is currently a buyer’s market
Sales and demand trends, the average property has been on the market for about 219 days
Price per square foot, the median price per square foot for homes in Lapeer is about $82
Homes for sale, there are about 200 properties on the market as of 09/16/11
Price trends, the median single family home price for Lapeer is $137,784
With about 200 total properties for sale in and around Lapeer, buyers who want to live in this area have many options for finding and buying a home. Many of these homes have been on the market from 44 days to over 362 days and some of those sellers may be willing to negotiate.
Given these ideal conditions and todays low interest rate, this is an excellent market for buying a Lapeer home with terms favorable to you.
For more information on real estate property values, real estate foreclosures, area homes for sale or living in the City of Lapeer, contact me direct at 1-810-338-0628 or firstname.lastname@example.org TODAY!