Oxford MI, Real Estate Market Report for August 2015 … Sales figures for the Oxford area in the last 45 days show total listings at 249, total new listings is 93. Average price per square foot is $142, total homes sold in this period was 30 and the average selling price was $295,353. Days on market was 43 days, as of 08/09/15 there is 8 months of housing inventory available.
Lowest price listing is on Drahner Rd. at $70,000 and the highest price listing is at $900,000 on Wood Trl. Lowest sold home was $36,000 on Mechanic St. and highest price sold home was on Bay Pointe Dr. at $442,000.
Sellers, if you have been thinking about selling or leasing your home, now is the time to place it on the market while prices are rising-inventory moving fast-interest rates still low.
Buyers, now is the time for you to buy while interest rates are still around 3.3%*-there is still decent inventory available-prices get much higher.
Oxford’s upcoming events: August – Lone Ranger Parade, Celebrate Oxford, October – Halloween Road Rally, Oxford Fashion Show, Halloween Jamboree, Scarecrow Festival, Chili Cook Off, November – Turkey Trot, December – Holiday Celebration, Christmas Parade.
Prices are on the rise, it could be the right time to sell your Oxford home. Check your home value now for free!
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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