2014 was another productive year in Real Estate growth. Oakland County as a whole is up about 17% from last year. While there were about 4000 less homes sold in 2014 as compared to 2013, the average sales price is up from $109,000 to $131,000. The time it takes to sell a home has improved also down to 41 days from 66 in 2013! This data is through November 2014, as Decembers #’s aren’t published until mid January, but should be relatively the same.
Bloomfield Township Michigan 2014 Market Update
- 550 Single Family Homes sold in 2014
- 167 Condos Sold in 2014
- Sales ranged from $35,000 – $3,100,000
- Average Sales Price $425,685
- Average Price per SqFt $155
- Sales Price to List Price Ratio 94%
- Average Days on Market 63
Birmingham Michigan 2014 Market Update
- 438 Single Family Homes sold in 2014
- 121 Condos Sold in 2014
- Sales ranged from $52,000 – $3,100,000
- Average Sales Price $535,202
- Average Price per SqFt $234
- Sales Price to List Price Ratio 94%
- Average Days on Market 63
Southfield Michigan 2014 Market Update
- 572Single Family Homes sold in 2014
- 160 Condos sold in 2014
- Sales ranged from $13,000 – $368,000
- Average Sales Price $104,000
- Average Price per SqFt $161
- Sales Price to List Price Ratio 97%
- Average Days on Market 53
If you would like a complimentary market analysis of your property, please fill out the form below and we will email one over!
Margo Borkin
Real Estate One
$14,000,000 Sold in 2014
6960 Orchard Lake #150 West Bloomfield, MI 48322 | 248-419-3160 |
2014 Hour Magazine ALL STAR – Presidents Council of Excellence
Website ::: Facebook ::: Twitter ::: Google+ ::: Linked In ::: Blog ::: Pinterest
© Margo Borkin Real Estate
If you’re viewing this information on a site owned by someone other than Margo Borkin Real Estate, it has been stolen. Please report to us here.
Oakland County Real Estate Blog 