Local houses for sale in the Village of Oxford and Oxford Township.
Real estate market for 48371 as of 10/16/2012:
Median mortgage debt is $197,820…unchanged from last month
Median listing price $221,050…down 3%
The median days on market is 52…down 28%
Active listings 156…up 3%
23.1% of these listings are distressed listings…unchanged
Median sale price for homes in Oxford over the last 12 months is $149,500…unchanged
Sample of homes for sale:
15 Lakeville Ct, $55,000 / 4 beds & 2 baths / 937 sq.ft / garage
277 W. Drahner Rd, $125,900 / 2 beds & 1 bath / 1471 sq.ft / basement
986 Maloney St, $145,000 / 3 beds & 2 baths / 1589 sq.ft / basement / garage
60 Brookfield Dr, $189,900 / 3 beds & 2.1 baths / 1690 sq.ft / basement / garage
626 Cotts Way, $239,000 / 4 beds & 2.1 baths / 2260 sq.ft / basement / garage
1111 Cross St, $254,900 / 4 beds & 2.2 baths / 2178 sq.ft / basement / garage
9 Highview Dr, $499,900 / 4 beds & 3.1 baths / 2639 sq.ft / garage / basement
Sample of homes sold:
187 Ora Rd, $60,000 / 137 days on market (dom) / 1314 sq.ft
20 Stanton St, $91,207 / 29 dom / 1390 sq.ft
1921 Worcester Dr, $132,000 / 8 dom / 1598 sq.ft
771 Inverness Dr, $155,000 / 10 dom / 1683 sq.ft
1233 Quail Ridge Dr, $170,000 / 35 dom / 1576 sq.ft
2459 Somerville Dr, $179,500 / 7 days on market (dom) / 1761 sq.ft
824 Inverness Dr, $190,000 / 12 dom / 1643 sq.ft
785 Pine Ridge Ave, $215,000 / 9 dom / 2302 sq.ft
3478 Park Island Dr, $236,000 / 15 dom / 1956 sq.ft
1346 Meadowbrook Ct, $265,000 / 136 dom / 2316 sq.ft
67 East St, $87,123 / 150 dom / 3034 sq.ft / multi-family
Summary:
This market report shows that the home supply is up by 3% but days on market until sold is down 28%, great for sellers! Median sale prices are holding steady from last year at this time.
Also, if your home has been on the market longer than 52 – 57 days, it may be time to rethink your price.
For detailed information on this community, selling your Oxford home or buying in or around Oxford, please contact us direct at 248-969-8065 or 810-338-0628 or dhorne@cbshooltz.net TODAY!
Donald Horne, Team Success Listing
Coldwell Banker Shooltz Realty
Selling Oxford One Home At a Time