Oxford Community Homes, Real Estate Update, October 2015 – Welcome to this months market report. Sales figures for the last 32 days show average sales prices up 12% from this time last year, $273,471.00 compared to $242,400.00 – Sold homes was at 23, homes for sale are at 213 compared to 207 in 2014 – Days on market until sold was at 19, last year we were at 33 days on market.
Sellers: sold prices are up, days on market are down and average asking prices are up!
Examples:
Cross St, sold in 65 days for $268,000 with 4 beds & 2.1 baths. Bridge Water St, sold in 1 day for $273,000 with 2 beds & 2 baths. Oxford Rd, sold in 9 days for $310,000 with 4 beds & 3 baths.
Buyers: number of sold homes is down, number of homes for sale is up and interest rates are still low along with many buyer programs available.
Examples:
Hillcrest Dr, asking $70,000 with 925 sq.ft & 3 beds. Glass Lake Cir, asking $290,000 with 2668 sq.ft & 4 beds. Deer Path Trl, asking $1,195,000 with 4770 sq.ft & 6 beds.
As of today (11/02/15), the least expensive Oxford Community Homes for sale is a 3 bedroom 2 bath with 925 sq.ft priced at $69,900 – The most expensive is priced at $1,195,000 with 6 bedrooms, 4.2 baths and 4770 sq.ft of living space.
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There were some great Oxford Community Homes for sale for this months home tour. A home on Brooks Dr. is highlighted below.
Donald Horne, Team Success Listing
Associate Broker-Coldwell Banker Shooltz Realty
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Oxford Office 248-969-8065
Lapeer Office 810-338-0628
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donaldhorne.realtor@gmail.com
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