Real estate market in Metamora MI for April 2013.
Market data for Metamora MI, provided by Donald Horne, Associate Broker for Coldwell Banker Shooltz Realty.
Metamora Real Estate Report Summary:
The median sale price for homes in the 48455 area over the last 12 months is $139,900
Median mortgage debt is $157,446
Median listing price is $299,040
The median days on market, 79 days
Number of active listings is 73
15.1% of all listings are distressed (foreclosures or short sales)
From 10/01/2012 to 04/01/2013 there were 34 homes sold with an average days on market of 63.8 days. Compare this with 10/01/2011 to 04/01/2012, there were only 17 homes sold with an average days on market of 125.1 days.
Clearly the market is starting to come back, more homes sold and in a shorter amount of time. This is why my team and I are always saying “We’re selling in your area, more homes needed!” If you’re thinking of selling your home, find out what your home is worth in this current market by contacting us at 810-338-0628 or DonaldHorne.Realtor@gmail.com TODAY!
Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty