Chat about Macomb County MI real estate & Homes for sale search site

Macomb County MI Real estate

Macomb County MI real estate blog

“Normal” sales versus foreclosure sales prices in Macomb County MI

April 23rd, 2010 · No Comments · macomb county mi real estate market

Last week I received an email from a past client who purchased a home in St. Clair Shores several years ago.  She wanted to know how sales were going in her area, and if we are seeing signs of market recovery yet.

What I found was actually rather encouraging: A couple of homes similar to hers had sold within the last 90 days that were not distressed sales (foreclosures or short sales).    Having a few “normal” homes sell helped to boost up the average sales prices for that 90 day window and will most certainly help future home sellers in her St. Clair Shores neighborhood.

Also in March of this year it’s been reported by Realcomp II™ that the median sales prices in Macomb County for non-distressed sales was $99,000 compared to $54,950 for foreclosure sales prices.   That’s a huge difference, and one that will help to stabilize the market and bring appraisals back up for homeowners who wish to sell in the near future.

If you’d like to know what the sales prices were like in your specific neighborhood over the past 90 days please don’t hesitate to contact me. No pressure – no sales pitch.  I promise.

~Kris Wales~ A partner for your real estate needs in Macomb County MI

Search homes for sale in Macomb County MI

Tags: ··

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment

Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.